TaskHuman startup raises $20m Series B funding to expand its virtual coaching platform
TaskHuman, the 1:1 digital coaching platform, has raised $20 million in Series B funding to amplify human well-being and productivity in a digital world. Madrona led the round, with participation from Impact Venture Capital, RingCentral Ventures, Sure Ventures, and USVP, alongside new investors Gaingels, PeopleTech Angels, Propel(x), and Zoom Ventures. Participating angel investors also include Hemant Thapar and Margo Georgiades.
Ravi Swaminathan, Co-founder and CEO, TaskHuman: "This round of funding allows us to continue expanding our coaching offerings to support individuals' personal and professional needs while continuing to bring on a global network of specialists. Employees can then build out their own dream team of personal coaches that are accessible via video call at any time, with just the click of a button. This also allows us to change the lives of thousands of specialists throughout the world. As the rise of the gig economy has opened up a world of possibilities for flexible work options, we take it one step further; TaskHuman coaches are able to make money by utilizing their passion and expertise to help others, and work from anywhere, whenever they want."
This latest funding brings TaskHuman's total raised to date to $35 million and will be used to supercharge product development, marketing, and sales efforts. The company is laser-focused on global expansion and scaling its network of over 1,000 coaches across nearly 50 countries, by recruiting world-class experts and specialists. Topics covered within well-being and work-life integration include physical fitness, family dynamics, emotional well-being, financial planning, career coaching, and leadership coaching.
Jack Crawford, Founding General Partner, Impact Venture Capital: "With growing disparate workforces, a need for healthy and happy employees, combined with the challenge of trying to mentor young executives remotely, TaskHuman's real-time 1:1 solutions have never been more relevant and needed. We saw their magic early, and now, we are thrilled to be investing alongside world-class venture capital firms like USVP, Madrona, and Zoom Ventures."