Sep 15, 2024 1 min read links

Link: Boston-based AceUp, which offers AI-powered business coaching and performance analytics services, raised a $22.5M Series A led by PJC (Kyle Wiggers/TechCrunch)

Is a business coach worth the investment? Many executives report improved confidence after hiring a coach, according to the International Coach Federation.

Will Foussier, founder of AceUp, experienced significant benefits from coaching. “It transformed my performance and ability to collaborate,” he said.

Finding a quality business coach can be challenging and expensive. Foussier started AceUp to make business coaching more accessible and data-driven.

AceUp uses a business performance analytics platform to deliver customized coaching. The platform offers algorithmic recommendations to improve individual and team performance in line with organizational goals.

Despite the popularity of coaching, results can vary. A 2020 study found that only 58% of execs would recommend their coaching experience.

AceUp claims effectiveness, highlighted by its expanding client base, which includes major corporations. The startup has raised significant funding and is profitable, demonstrating the potential success of their approach. #

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