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On-Demand Coaching Platform Bravely Announces $15M Series A Funding Round

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Bravely, the technology platform connecting people to on-demand professional coaching and development, announced a $15 million funding round led by Telescope Partners. This funding round will further Bravely’s rapid growth and advance its mission to transform the way companies support inclusive, high-performing teams by providing universal access to coaching.

“The world of work is undergoing the biggest change we’ve seen in our lifetimes,” says Sarah Sheehan, Co-Founder and President of Bravely. “The competition for talent right now is unprecedented, and there’s more attention than ever on the tools companies offer to support their employees’ growth and development. The choice is: rise to meet the new standards, or lose your most valuable asset, which is your people.”

Bravely is the first coaching platform designed to scale whole-population support for companies of all sizes, and boasts the most highly-vetted coaching network in the industry. With this funding round, Bravely will both expand its global reach and develop powerful new data capabilities, allowing for an even deeper understanding of, and capacity to serve, diverse individual employee needs. In addition to new automation and personalization, this capital will also power research informing Bravely’s ethical, inclusion-focused use of data, as well as developing a People Science function at the company.

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Startup Brings Personalized Coaching To Every Employee

Professional coaching is no longer an exclusive perk for select employees courtesy of Bravely, a cloud-based platform that delivers workplace guidance on-demand to more workers. The New York-based startup provides coaching to employees in numerous industries, including professional and financial services, hospitality, retail, and high technology.

Everyone should have a trusted, skilled coach to help them navigate important make or break moments at work,” said Toby Hervey, co-founder and CEO at Bravely. “Supporting an employee at moments that matter fundamentally transforms their long-time success and viability, as well as company culture.”

Business benefits from coaching for all

Sarah Sheehan, co-founder and president at Bravely, said the coaching platform reflected people-first workplace trends.

“Forward-thinking leaders know employees need hard skills and relationship-building expertise to achieve goals together,” she said. “Using technology, companies can cost-effectively give more employees access to coaching. This reduces employee stress and prevents burnout for improved mental health leading to higher productivity. “

Not surprisingly, Bravely helps companies address business commitments to inclusion and diversity. This is something that the co-founders live every day; Hervey is a gay man, and Sheehan is a new mother.

“We see strong usage of our coaching among groups such as women, LGBTQ workers, and people of color who are underrepresented the higher up you go in many organizations,” said Hervey. “We want to be a force for behavioral change across the board, and equitably support people at every level.”

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