CoachHub, the digital coaching platform, has secured $40 million in growth financing from HSBC Innovation Banking UK.

The capital will be used to accelerate the company's investment in artificial intelligence (AI) and expand its product offerings, positioning CoachHub for rapid innovation in the digital coaching market.

This strategic partnership will fuel the company's ambitious plans to integrate cutting-edge AI technology into its platform, enhancing personalised coaching experiences and expanding its product offerings.

The funding will enable CoachHub to integrate cutting-edge technology with a human-centred approach, helping organisations tackle talent development challenges and boost productivity across diverse teams.

Matti Niebelschütz, CEO of CoachHub, said: "AI plays a crucial role in our growth strategy, allowing us to deliver powerful, personalized coaching experiences at scale to meet the evolving needs of our clients."

"This strategic capital marks a significant milestone as we further our mission to democratize coaching, making it accessible and impactful for people worldwide - especially at a time when support and resilience are critical to navigating change."

Jean-Laurent Pelissier, Managing Director at HSBC Innovation Banking UK, added: "It's been a pleasure to provide financing support to CoachHub, enabling the business to drive investment into AI and enhance its product offering. CoachHub's unique proposition has a positive impact on the development of talent across organizations, and we look forward to supporting the business as it continues to grow and innovate."

CoachHub is backed by top investors, including Sofina, SoftBank Vision Fund 2, Molten Ventures, Speedinvest, HV Capital, and Partech. CoachHub boasts a global network of over 3,500 certified business coaches across 90 countries and six continents, offering coaching in over 80 languages. The platform serves more than 1,000 clients worldwide.