What is CoachUp?
CoachUp operates as the nation's leading private coaching provider, boasting a network of over 15,000 coaches across 30 sports throughout America. The service facilitates connections between athletes seeking to improve their skills and qualified coaches capable of providing personalized training. The company's mission is to empower every athlete to reach their full potential by offering access to specialized coaching expertise, thereby elevating athletic performance across a wide spectrum of sports.
How much funding has CoachUp raised?
CoachUp has raised a total of $11M across 4 funding rounds:
Angel/Seed
$2.7M
Series A
$6.7M
Private Equity
$1.5M
Debt
$150K
Angel/Seed (2012): $2.7M with participation from Breakaway Ventures and General Catalyst Partners
Series A (2013): $6.7M led by Suffolk Equity Partners, Point Judith Capital, Breakaway Ventures, General Catalyst Partners, and DP Cap Acquisition Corp I
Private Equity (2017): $1.5M, investors not publicly disclosed
Debt (2020): $150K featuring PPP
Key Investors in CoachUp
Breakaway Ventures
Breakaway Ventures is a venture capital firm operating within the Venture Capital & Private Equity industry, known for its strategic investments in companies.
General Catalyst Partners
General Catalyst is a venture capital firm that identifies and supports transformational business opportunities across multiple sectors and stages, backing entrepreneurs with ambitious visions.
Suffolk Equity Partners
Suffolk Equity Partners is an institutional boutique with a significant track record, offering various investment products and operating within the private equity space.
What's next for CoachUp?
With the infusion of major enterprise-level capital and a recent strategic investment, CoachUp is poised for accelerated growth. The company is likely to focus on expanding its coach network, enhancing its technological infrastructure for better user experience, and potentially exploring new sports verticals or geographic markets. This strategic financing will enable CoachUp to solidify its market leadership and continue its trajectory of empowering athletes through expert private coaching.
See full CoachUp company page