HSBC Innovation Banking UK is to provide a Germany-based digital coaching platform with €40 million in growth financing.
CoachHub says it will accelerate its investment in artificial intelligence and further expand its product offerings with the strategic capital.
It added that the transaction will also safeguard employee equity and promote long-term value creation at the company.
“AI plays a crucial role in our growth strategy, allowing us to deliver powerful, personalised coaching experiences at scale to meet the evolving needs of our clients,” said Matti Niebelschütz, CEO of CoachHub.
“This strategic capital marks a significant milestone as we further our mission to democratise 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 and head of enterprise software at HSBC Innovation Banking UK, commented: “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 organisations, and we look forward to supporting the business as it continues to grow and innovate.”