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BetterUp valuation, funding and investors

BetterUp works in AI-Powered human transformation solutions, based in Austin, United States. Founded in 2013, it has about 2,760 employees.

Austin Series E
VALUATION · TODAY
$3.76B −7% after Series E
Range $392M – $6.73B · Grade D
TODAY
+12 MO
$2.00B
$4.00B
$6.00B
$8.00B
$10.00B
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
2027
Series A $12.9M
Series B $26.0M
Series C $103M
Series D $125M
Series E $300M
ValuationBefore first round12-month outlook: where it points, how wide it fansHover the past: the outlook shows what was predicted then
HEADCOUNT · TODAY2,704 employees
+0%6m growth
−3%1y growth
−3%2y growth
2,000
4,000
Data from Jan 2021
TODAY
Predicted in 1 yr $3.50B −7% vs today
Predicted next raise $765M if a round comes
Winding-down probability 15%
Last round
Series E · $300M · Oct 2021
Valuation at last round
$4.70B
Headcount
2,704 · flat
Grade
D
Founded
2013
How VCMC values companies →

BetterUp valuation today

VCMC values BetterUp at $3.8B today, with a range of $392M to $6.7B and a grade of D. The valuation starts from its last funding round, a Series E round in Oct 2021.

Valuation by date (172 rows)

Each point is what the model would have shown on that date, using only what was known then; before its first round, a company is valued as a startup because it later raised.

BetterUp: valuation by date, as the model would have shown it on each date
DateValuationRangePredicted in 1 yrPhaseHeadcountTrendGradeWinding-down probability
1 Jan 2013$4.67M$1.70M – $12.8M$4.90M (+5%)before first round–unknownD0%
1 Feb 2013$4.69M$1.71M – $12.9M$4.92M (+5%)before first round–unknownD0%
1 Mar 2013$4.71M$1.71M – $12.9M$4.93M (+5%)before first round–unknownD0%
1 Apr 2013$4.73M$1.72M – $13.0M$4.95M (+5%)before first round–unknownD0%
1 May 2013$4.74M$1.73M – $13.0M$4.97M (+5%)before first round–unknownD0%
1 Jun 2013$4.76M$1.73M – $13.1M$4.99M (+5%)before first round–unknownD0%
1 Jul 2013$4.78M$1.74M – $13.1M$5.01M (+5%)before first round–unknownD0%
1 Aug 2013$4.80M$1.75M – $13.2M$5.03M (+5%)before first round–unknownD0%
1 Sep 2013$4.82M$1.75M – $13.2M$5.05M (+5%)before first round–unknownD0%
1 Oct 2013$4.84M$1.76M – $13.3M$5.07M (+5%)before first round–unknownD0%
1 Nov 2013$4.86M$1.77M – $13.3M$5.09M (+5%)before first round–unknownD0%
1 Dec 2013$4.88M$1.78M – $13.4M$5.11M (+5%)before first round–unknownD0%
1 Jan 2014$4.90M$1.78M – $13.4M$5.13M (+5%)before first round–unknownD0%
1 Feb 2014$4.92M$1.79M – $13.5M$5.15M (+5%)before first round–unknownD0%
1 Mar 2014$4.93M$1.80M – $13.6M$5.17M (+5%)before first round–unknownD0%
1 Apr 2014$4.95M$1.80M – $13.6M$5.19M (+5%)before first round–unknownD0%
1 May 2014$4.97M$1.81M – $13.7M$5.21M (+5%)before first round–unknownD0%
1 Jun 2014$4.99M$1.82M – $13.7M$5.23M (+5%)before first round–unknownD0%
1 Jul 2014$5.01M$1.82M – $13.8M$5.25M (+5%)before first round–unknownD0%
1 Aug 2014$5.03M$1.83M – $13.8M$5.27M (+5%)before first round–unknownD0%
1 Sep 2014$5.05M$1.84M – $13.9M$5.29M (+5%)before first round–unknownD0%
1 Oct 2014$5.07M$1.85M – $13.9M$5.31M (+5%)before first round–unknownD0%
1 Nov 2014$5.09M$1.85M – $14.0M$5.33M (+5%)before first round–unknownD0%
1 Dec 2014$5.11M$1.86M – $14.0M$5.36M (+5%)before first round–unknownD0%
1 Jan 2015$5.13M$1.87M – $14.1M$5.38M (+5%)before first round–unknownD0%
1 Feb 2015$5.15M$1.88M – $14.2M$5.40M (+5%)before first round–unknownD0%
1 Mar 2015$5.17M$1.88M – $14.2M$5.42M (+5%)before first round–unknownD0%
1 Apr 2015$5.19M$1.89M – $14.3M$5.44M (+5%)before first round–unknownD0%
1 May 2015$5.21M$1.90M – $14.3M$5.46M (+5%)before first round–unknownD0%
1 Jun 2015$5.23M$1.90M – $14.4M$5.48M (+5%)before first round–unknownD0%
1 Jul 2015$5.25M$1.91M – $14.4M$5.50M (+5%)before first round–unknownD0%
1 Aug 2015$5.27M$1.92M – $14.5M$5.65M (+7%)before first round–unknownD0%
1 Sep 2015$5.29M$1.93M – $14.5M$5.80M (+10%)before first round–unknownD0%
1 Oct 2015$5.31M$1.93M – $14.6M$5.95M (+12%)before first round–unknownD0%
1 Nov 2015$5.33M$1.94M – $14.7M$6.11M (+15%)before first round–unknownD0%
1 Dec 2015$5.36M$1.95M – $14.7M$6.27M (+17%)before first round–unknownD0%
1 Jan 2016$5.38M$1.96M – $14.8M$6.45M (+20%)before first round–unknownD0%
1 Feb 2016$5.40M$1.97M – $14.8M$6.62M (+23%)before first round–unknownD0%
1 Mar 2016$5.42M$1.97M – $14.9M$6.79M (+25%)before first round–unknownD0%
1 Apr 2016$5.44M$1.98M – $14.9M$6.97M (+28%)before first round–unknownD0%
1 May 2016$5.46M$1.99M – $15.0M$7.16M (+31%)before first round–unknownD0%
1 Jun 2016$5.48M$2.00M – $15.1M$7.35M (+34%)before first round–unknownD0%
1 Jul 2016$5.50M$2.00M – $15.1M$7.54M (+37%)before first round–unknownD0%
1 Aug 2016$5.65M$2.06M – $15.5M$7.75M (+37%)before first round–unknownD0%
1 Sep 2016$5.80M$2.11M – $15.9M$7.96M (+37%)before first round–unknownD0%
1 Oct 2016$5.96M$2.17M – $16.4M$8.17M (+37%)before first round–unknownD0%
1 Nov 2016$6.12M$2.23M – $16.8M$8.39M (+37%)before first round–unknownD0%
17 Nov 2016$71.8M$47.1M – $196M$129M (+80%)after a round–unknownC0%
1 Dec 2016$73.4M$47.1M – $196M$129M (+76%)after a round–unknownC0%
1 Jan 2017$77.2M$47.1M – $196M$129M (+67%)after a round–unknownC0%
1 Feb 2017$81.1M$47.1M – $196M$129M (+59%)after a round–unknownC0%
1 Mar 2017$84.9M$47.1M – $196M$129M (+52%)after a round–unknownC0%
1 Apr 2017$89.2M$47.1M – $196M$129M (+45%)after a round–unknownC0%
1 May 2017$93.6M$47.1M – $196M$129M (+38%)after a round–unknownC0%
1 Jun 2017$98.4M$47.1M – $196M$129M (+31%)after a round–unknownC0%
1 Jul 2017$103M$47.1M – $196M$129M (+25%)after a round–unknownC0%
1 Aug 2017$109M$47.1M – $196M$129M (+19%)after a round–unknownC0%
1 Sep 2017$114M$47.1M – $196M$129M (+13%)after a round–unknownC0%
1 Oct 2017$120M$47.1M – $196M$129M (+8%)after a round–unknownC0%
1 Nov 2017$126M$47.1M – $196M$129M (+2%)after a round–unknownC0%
1 Dec 2017$129M$46.0M – $196M$129M (0%)after a round–unknownC0%
1 Jan 2018$129M$43.7M – $196M$129M (0%)after a round–unknownC0%
1 Feb 2018$129M$41.5M – $196M$129M (0%)after a round–unknownC0%
1 Mar 2018$129M$39.6M – $196M$129M (0%)after a round–unknownC0%
29 Mar 2018$125M$109M – $216M$188M (+50%)after a round–unknownB0%
1 Apr 2018$126M$109M – $216M$188M (+49%)after a round–unknownB0%
1 May 2018$130M$109M – $216M$188M (+44%)after a round–unknownB0%
1 Jun 2018$134M$109M – $216M$188M (+40%)after a round–unknownB0%
1 Jul 2018$139M$109M – $216M$188M (+35%)after a round–unknownB0%
1 Aug 2018$144M$109M – $216M$188M (+30%)after a round–unknownB0%
1 Sep 2018$149M$109M – $216M$188M (+26%)after a round–unknownB0%
1 Oct 2018$154M$109M – $216M$188M (+22%)after a round–unknownB0%
1 Nov 2018$159M$109M – $216M$188M (+18%)after a round–unknownB0%
1 Dec 2018$165M$109M – $216M$188M (+14%)after a round–unknownB0%
1 Jan 2019$170M$109M – $216M$188M (+10%)after a round–unknownB0%
1 Feb 2019$176M$109M – $216M$188M (+6%)after a round–unknownB0%
1 Mar 2019$182M$109M – $216M$188M (+3%)after a round–unknownB0%
1 Apr 2019$188M$108M – $216M$188M (0%)after a round–unknownB0%
1 May 2019$188M$104M – $216M$188M (0%)after a round–unknownB0%
1 Jun 2019$188M$99.1M – $216M$188M (0%)after a round–unknownB0%
13 Jun 2019$580M$408M – $1.1B$753M (+30%)after a round–unknownB0%
1 Jul 2019$587M$408M – $1.1B$753M (+28%)after a round–unknownB0%
1 Aug 2019$600M$408M – $1.1B$753M (+25%)after a round–unknownB0%
1 Sep 2019$614M$408M – $1.1B$753M (+23%)after a round–unknownB0%
1 Oct 2019$627M$408M – $1.1B$753M (+20%)after a round–unknownB0%
1 Nov 2019$641M$408M – $1.1B$753M (+17%)after a round–unknownB0%
1 Dec 2019$655M$408M – $1.1B$753M (+15%)after a round–unknownB0%
1 Jan 2020$670M$408M – $1.1B$753M (+12%)after a round–unknownB0%
1 Feb 2020$685M$408M – $1.1B$753M (+10%)after a round–unknownB0%
1 Mar 2020$700M$408M – $1.1B$753M (+8%)after a round–unknownB0%
1 Apr 2020$715M$408M – $1.1B$753M (+5%)after a round–unknownB0%
1 May 2020$731M$408M – $1.1B$753M (+3%)after a round–unknownB0%
1 Jun 2020$747M$408M – $1.1B$753M (+1%)after a round–unknownB0%
1 Jul 2020$753M$396M – $1.1B$753M (0%)after a round–unknownB0%
1 Aug 2020$753M$378M – $1.1B$753M (0%)after a round–unknownB0%
1 Sep 2020$753M$361M – $1.1B$753M (0%)after a round–unknownB0%
1 Oct 2020$753M$345M – $1.1B$753M (0%)after a round–unknownB0%
1 Nov 2020$753M$330M – $1.1B$753M (0%)after a round–unknownB0%
1 Dec 2020$753M$315M – $1.1B$753M (0%)after a round–unknownC0%
1 Jan 2021$753M$301M – $1.1B$753M (0%)after a round1,100unknownC0%
1 Feb 2021$753M$287M – $1.1B$753M (0%)after a round1,100unknownC0%
1 Mar 2021$1.7B$1.5B – $2.6B$2.2B (+30%)after a round1,100unknownA0%
2 Mar 2021$1.7B$1.5B – $2.6B$2.2B (+30%)after a round1,100unknownA0%
1 Apr 2021$1.8B$1.5B – $2.6B$2.2B (+27%)after a round1,100flatA0%
1 May 2021$1.8B$1.5B – $2.8B$2.4B (+32%)after a round1,500growingB0%
1 Jun 2021$1.9B$1.5B – $2.8B$2.4B (+28%)after a round1,500growingB0%
1 Jul 2021$1.9B$1.5B – $2.8B$2.4B (+25%)after a round1,500growingB0%
1 Aug 2021$2.0B$1.5B – $2.8B$2.4B (+21%)after a round1,500growingB0%
1 Sep 2021$2.0B$1.5B – $2.8B$2.4B (+18%)after a round1,500growingB0%
1 Oct 2021$2.1B$1.5B – $2.8B$2.4B (+15%)after a round1,500growingB0%
9 Oct 2021$4.7B$4.1B – $7.0B$6.1B (+30%)after a round1,500growingA0%
1 Nov 2021$4.8B$4.1B – $7.0B$6.1B (+28%)after a round1,500growingA0%
1 Dec 2021$4.9B$4.1B – $7.0B$6.1B (+25%)after a round1,500growingA0%
1 Jan 2022$5.0B$4.1B – $7.0B$6.1B (+22%)after a round1,500growingA0%
1 Feb 2022$5.1B$4.1B – $7.0B$6.1B (+20%)after a round1,500growingA0%
1 Mar 2022$5.2B$4.1B – $7.0B$6.1B (+17%)after a round1,500growingA0%
1 Apr 2022$5.3B$4.1B – $7.0B$6.1B (+15%)after a round1,500growingA0%
1 May 2022$5.4B$4.1B – $7.0B$6.1B (+12%)after a round1,500growingA0%
1 Jun 2022$5.6B$4.1B – $7.0B$6.1B (+10%)after a round1,500growingA0%
1 Jul 2022$5.7B$4.1B – $7.0B$6.1B (+7%)after a round1,500growingA0%
1 Aug 2022$5.8B$4.1B – $7.0B$6.1B (+5%)after a round1,500growingA0%
1 Sep 2022$5.9B$4.1B – $7.0B$6.1B (+3%)after a round1,500growingA0%
1 Oct 2022$6.1B$4.1B – $7.0B$6.1B (+1%)after a round1,500growingA0%
1 Nov 2022$6.1B$3.9B – $7.0B$6.1B (0%)after a round1,500unknownA0%
1 Dec 2022$6.1B$3.8B – $7.0B$6.1B (0%)after a round1,500unknownB0%
1 Jan 2023$6.8B$3.7B – $7.9B$6.8B (0%)after a round2,500unknownB0%
1 Feb 2023$6.8B$3.6B – $7.9B$6.8B (0%)after a round2,500unknownB0%
1 Mar 2023$6.8B$3.4B – $7.9B$6.8B (0%)after a round2,500unknownB0%
1 Apr 2023$6.8B$3.3B – $7.9B$6.8B (0%)after a round2,500unknownB0%
1 May 2023$6.8B$3.2B – $7.9B$6.8B (0%)after a round2,500unknownB0%
1 Jun 2023$6.8B$3.1B – $7.9B$6.8B (0%)after a round2,500unknownB0%
1 Jul 2023$6.8B$3.0B – $7.9B$6.8B (0%)after a round2,500unknownB0%
1 Aug 2023$6.8B$2.9B – $7.9B$6.8B (0%)after a round2,500unknownB0%
1 Sep 2023$6.8B$2.8B – $7.9B$6.8B (0%)after a round2,500unknownB0%
1 Oct 2023$7.0B$4.1B – $8.1B$7.0B (0%)after a round2,800upB0%
1 Nov 2023$7.0B$3.7B – $8.1B$7.0B (0%)after a round2,800upB0%
1 Dec 2023$7.0B$3.6B – $8.1B$6.9B (-1%)after a round2,800upB0%
1 Jan 2024$7.0B$3.6B – $8.1B$6.9B (-1%)after a round2,800upB0%
1 Feb 2024$7.0B$3.5B – $8.1B$6.9B (-2%)after a round2,800upB0%
1 Mar 2024$7.0B$3.4B – $8.1B$6.8B (-2%)after a round2,800upB0%
1 Apr 2024$7.0B$3.4B – $8.1B$6.8B (-3%)after a round2,800upB0%
1 May 2024$7.0B$3.3B – $8.1B$6.8B (-3%)after a round2,800upB0%
1 Jun 2024$7.0B$3.2B – $8.1B$6.7B (-4%)after a round2,800upB0%
1 Jul 2024$7.0B$3.2B – $8.1B$6.7B (-4%)after a round2,800upB0%
1 Aug 2024$7.0B$1.6B – $8.1B$6.5B (-8%)after a round2,800flatC0%
1 Sep 2024$7.0B$1.5B – $8.1B$6.4B (-9%)after a round2,800flatC0%
1 Oct 2024$7.0B$1.4B – $8.1B$6.4B (-9%)after a round2,800flatC0%
1 Nov 2024$7.0B$1.4B – $8.0B$6.3B (-10%)after a round2,800flatC0%
1 Dec 2024$6.9B$1.3B – $7.9B$6.2B (-10%)after a round2,800flatC0%
1 Jan 2025$6.8B$1.2B – $7.9B$6.2B (-10%)after a round2,800flatC0%
1 Feb 2025$6.8B$1.2B – $7.8B$6.1B (-10%)after a round2,800flatC0%
1 Mar 2025$6.7B$1.1B – $7.8B$6.1B (-10%)after a round2,800flatC0%
1 Apr 2025$6.7B$1.1B – $7.7B$6.0B (-10%)after a round2,800flatC0%
1 May 2025$6.6B$1.0B – $7.6B$6.0B (-10%)after a round2,800flatD0%
1 Jun 2025$6.6B$958M – $7.6B$5.9B (-10%)after a round2,800flatD0%
1 Jul 2025$6.3B$911M – $7.5B$5.7B (-10%)after a round2,786flatD2%
1 Aug 2025$6.2B$865M – $7.4B$5.5B (-11%)after a round2,779flatD3%
1 Sep 2025$6.1B$822M – $7.4B$5.5B (-11%)after a round2,779flatD4%
1 Oct 2025$6.0B$782M – $7.3B$5.3B (-11%)after a round2,776flatD5%
1 Nov 2025$5.8B$743M – $7.3B$5.2B (-11%)after a round2,763flatD6%
1 Dec 2025$5.7B$707M – $7.2B$5.1B (-11%)after a round2,763flatD6%
1 Jan 2026$5.7B$672M – $7.2B$5.1B (-10%)after a round2,763flatD6%
1 Feb 2026$5.6B$639M – $7.1B$5.1B (-10%)after a round2,763flatD6%
1 Mar 2026$5.6B$610M – $7.0B$5.0B (-10%)after a round2,763flatD6%
1 Apr 2026$4.7B$577M – $7.1B$4.2B (-10%)after a round2,704flatD16%
1 May 2026$4.7B$549M – $7.0B$4.2B (-10%)after a round2,704flatD16%
1 Jun 2026$4.7B$522M – $7.0B$4.2B (-9%)after a round2,704flatD15%
1 Jul 2026$4.6B$497M – $6.9B$4.2B (-8%)after a round2,704flatD15%
1 Aug 2026$4.6B$472M – $6.9B$4.2B (-7%)after a round2,704flatD15%
1 Sep 2026$4.5B$465M – $6.8B$4.2B (-6%)after a round2,704flatD15%
1 Oct 2026$4.5B$465M – $6.8B$4.2B (-5%)after a round2,704flatD15%
24 Oct 2026$3.8B$392M – $6.7B$3.5B (-7%)after a round2,704flatD15%

Key facts about BetterUp

Founded
2013
Headquarters
Austin, United States
Employees
about 2,760 -1% in a year
Total raised
$567M
Funding rounds
5
Last round
Series E Oct 2021

BetterUp was founded in 2013 by Alexi Robichaux and Eduardo Medina.

BetterUp funding history

BetterUp has 5 funding rounds on record, from Nov 2016 to Oct 2021, $567M in total. The latest disclosed valuation is $4.70B post-money (Series E, Oct 2021).

  1. Series E 8 Oct 2021

    Led by Wellington Management, ICONIQ Growth, Lightspeed Venture Partners; with Salesforce Ventures, Mubadala, Sapphire Ventures, Morningside Group, SV Angel, PLUS Capital.

    Sources: betterup.com, uktech.news

    $300M

    $4.70B post-money

  2. Series D 1 Mar 2021

    Led by ICONIQ Growth; with Lightspeed Venture Partners, Threshold, PLUS Capital, Salesforce Ventures, Sapphire Ventures, Mubadala Capital.

    Sources: finsmes.com, betterup.com, bhbusiness.com

    $125M

    $1.73B post-money

  3. Series C 12 Jun 2019

    Led by Lightspeed Venture Partners; with Threshold, Freestyle VC, Crosslink Capital, Tenaya Capital, Silicon Valley Bank.

    Sources: betterup.com, techcrunch.com, pulse2.com and 2 more

    $103M

  4. Series B 28 Mar 2018

    Led by Lightspeed Venture Partners; with dfj, Freestyle VC, Crosslink Capital.

    Sources: betterup.com

    $26M

    $125M post-money

  5. Series A 16 Nov 2016

    Led by dfj; with SV Angel, Freestyle VC.

    Sources: betterup.com, prnewswire.com, finsmes.com

    $13M

BetterUp investors

16 investors have backed BetterUp; Lightspeed Venture Partners, dfj and ICONIQ Growth and 1 more led at least one round.

What BetterUp does

BetterUp works in professional & management training, with 15 recorded offerings and customers in professional development, workforce development and government.

BetterUp, Inc. is an American company engaged in professional development and workforce transformation solutions. The company provides AI-powered coaching and behavioral science-driven services, including a platform that integrates coaching, AI, and organizational development. BetterUp serves organizations across various industries, including government agencies, and offers subscription-based services for career and personal development. The company is ISO certified and SOC2 Type II compliant.

Description from Veridion's company data.

Products and services

  • AI-Powered Human Transformation Solutions
  • Behavioral Science Coaching Services
  • Personalized Workforce Development Services
  • Digital Coaching Platform Development
  • Organizational Performance Enhancement Solutions
  • AI-Driven Coaching Platform Integration
  • Customizable Coaching Platform Configuration
  • Third-Party System Integration Services
  • Professional Development Services
  • Career Development Services
  • Personal Development Services
  • Subscription-Based Coaching Services
  • Workforce Engagement and Retention Solutions
  • Continuous Improvement Research and Development
  • Organizational Productivity Enhancement Solutions

Markets

  • Professional Development
  • Workforce Development
  • Government

Technology

  • AI-Powered Human Transformation
  • Encryption of Customer Data Using AES-256 Algorithms

Certifications

  • SOC2 Type II
  • ISO 27001

Business model

  • Business-to-Business
  • Business-to-Consumer
  • Service Provider
  • Software-as-a-Service
  • Subscription-Based
  • Enterprise

Industry codes (NAICS)

  • 611430 Professional and Management Development Training 70% match
  • 513210 Software Publishers 30% match

Questions about BetterUp

What is BetterUp worth?

Valuation $3.8B (range $392M to $6.7B), as of 24 Oct 2026. The last disclosed valuation was $4.70B (Series E, Oct 2021).

Has BetterUp raised money?

BetterUp has 5 funding rounds on record, from Nov 2016 to Oct 2021, $567M in total. The latest disclosed valuation is $4.70B post-money (Series E, Oct 2021).

Who has invested in BetterUp?

Lightspeed Venture Partners, dfj, ICONIQ Growth, Wellington Management, Freestyle VC and Crosslink Capital, and 10 more. Lead investors include Lightspeed Venture Partners, dfj, ICONIQ Growth and Wellington Management.

How many people work at BetterUp?

About 2,760, down 1% over the last year. Headcount grew from 1,100 in Jan 2021 to 2,704 in Apr 2026.

What does BetterUp do?

BetterUp works in professional & management training, with 15 recorded offerings and customers in professional development, workforce development and government. Its main offerings are AI-Powered human transformation solutions, behavioral science coaching services and personalized workforce development services.

When was BetterUp founded, and where is it based?

BetterUp was founded in 2013 and is based in Austin, United States. It has about 2,760 employees, down 1% over the last year.