What is CoachUp?
CoachUp is the nation's foremost platform connecting athletes with private coaches across more than 30 sports. With a network exceeding 15,000 coaches nationwide, the company is dedicated to enhancing athletic performance by providing accessible, personalized training opportunities. This service aims to elevate the game of every athlete by facilitating connections with specialized coaching expertise, thereby addressing a critical need in sports development and performance enhancement.
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 General Catalyst Partners and Breakaway Ventures
Series A (2013): $6.7M led by Point Judith Capital, DP Cap Acquisition Corp I, Breakaway Ventures, General Catalyst Partners, and Suffolk Equity Partners
Private Equity (2017): $1.5M, investors not publicly disclosed
Debt (2020): $150K featuring PPP
Key Investors in CoachUp
Point Judith Capital
Point Judith Capital is an early-stage venture capital firm based in Boston, Massachusetts, established in 2001, focusing on supporting entrepreneurs and building relationships within the startup ecosystem.
General Catalyst Partners
General Catalyst is a venture capital firm that invests in transformational business opportunities across various sectors and stages, partnering with entrepreneurs to accelerate growth and build enduring enterprises.
Breakaway Ventures
Breakaway Solutions Inc operates in the Venture Capital & Private Equity industry, headquartered in Boston, Massachusetts, and focuses on companies within this sector.
What's next for CoachUp?
The recent major strategic investment in CoachUp suggests a focus on scaling operations, expanding its coach network, and potentially enhancing its technological infrastructure to further streamline the athlete-coach connection process. This capital will likely fuel market penetration, allowing CoachUp to solidify its position as the leading provider of private athletic coaching. Future developments may include broader sport diversification, enhanced user experience features, and strategic partnerships to broaden its reach within the sports ecosystem.
See full CoachUp company page
