CoachHub Secures €40m Backing from HSBC Innovation Banking UK

Deal News | Dec 03, 2024 | Business Cloud

HSBC Innovation Banking UK has announced a significant financial commitment to CoachHub, a German digital coaching platform, with an investment of €40 million aimed at driving growth in artificial intelligence and expanding product offerings. This strategic investment is intended to not only bolster CoachHub's AI capabilities but also ensure employee equity protection and promote long-term value creation. The CEO of CoachHub, Matti Niebelschtz, noted that AI is central to their strategy for delivering personalized coaching experiences. Jean-Laurent Pelissier from HSBC emphasized the impact of CoachHub's unique proposition on talent development and expressed enthusiasm for supporting the company's continued growth and innovation.

Sectors

Financial Services
Technology

Geography

United Kingdom – HSBC Innovation Banking UK is headquartered and operates from the United Kingdom.
Germany – CoachHub is based in Germany, making this location significant to the transaction.

Industry

Financial Services – HSBC Innovation Banking UK, as a financial services entity, provides growth capital to businesses like CoachHub.
Technology – CoachHub operates in the technology sector by offering digital coaching services, particularly leveraging artificial intelligence.

Financials

€40 million – The amount of growth financing provided to CoachHub by HSBC Innovation Banking UK.

Participants

Name	Role	Type	Description
CoachHub	Target Company	Company	A digital coaching platform based in Germany, focusing on AI-driven personalized coaching experiences.
HSBC Innovation Banking UK	Investor	Company	A UK-based financial institution providing growth capital to innovative companies.
Matti Niebelschtz	CEO	Person	CEO of CoachHub, overseeing the company's growth strategy.
Jean-Laurent Pelissier	Managing Director & Head of Enterprise Software	Person	Manages enterprise software investments at HSBC Innovation Banking UK.