CoachUp Obtains $2,200,000 Series A Funding Round

  • Feed Type
  • Date
    11/15/2012
  • Company Name
    CoachUp
  • Mailing Address
    One Marina Park Drive 14th Floor Boston, MA 02210
  • Company Description
    CoachUp helps athletes achieve their full potential by connecting them with great private coaches. The independent coaches who list their services on the CoachUp platform take advantage of CoachUp’s digital marketing, scheduling, payment processing, client review gathering, and sophisticated profile pages to find new clients and manage their private coaching business. It is completely FREE to sign up on CoachUp: there is no fee to join, and we don’t take any money from the coach’s earnings.
  • Website
    http://www.coachup.com
  • Transaction Type
    Venture Equity
  • Transaction Amount
    $2,200,000
  • Transaction Round
    Series A
  • Proceeds Purposes
    The company will use the new financing, which comes on the heels of this summer’s $500,000 Seed financing round, to grow its team of eight employees and to increase marketing.
  • M&A Terms
  • Venture Investor
    General Catalyst Partners
  • Venture Investor
    Breakaway Ventures