TaskHuman Lands $20 Million Series B

<p style&equals;"margin&colon; 0in&semi;"><b><span style&equals;"font-family&colon; 'Arial'&comma;sans-serif&semi; color&colon; black&semi;">PALO ALTO &&num;8212&semi; <&sol;span><&sol;b><span style&equals;"font-family&colon; 'Arial'&comma;sans-serif&semi;"><span style&equals;"font-variant-numeric&colon; normal&semi; font-variant-east-asian&colon; normal&semi; text-decoration-line&colon; underline&semi; white-space&colon; pre-wrap&semi;">TaskHuman<&sol;span><span style&equals;"color&colon; black&semi;"><span style&equals;"font-variant-numeric&colon; normal&semi; font-variant-east-asian&colon; normal&semi; white-space&colon; pre-wrap&semi;">&comma; which operates a digital coaching platform&comma; has raised &dollar;20 million in Series B funding to help improve human well-being and productivity in a digital world&period; Madrona led the round&comma; with participation from Impact Venture Capital&comma; RingCentral Ventures&comma; Sure Ventures&comma; and USVP&comma; alongside new investors Gaingels&comma; PeopleTech Angels&comma; Propel&lpar;x&rpar;&comma; and Zoom Ventures&period; Participating angel investors also include Hemant Thapar and Margo Georgiades&period; <&sol;span><&sol;span><&sol;span><&sol;p>&NewLine;<p style&equals;"margin&colon; 0in&semi;"><span style&equals;"font-variant-numeric&colon; normal&semi; font-variant-east-asian&colon; normal&semi; white-space&colon; pre-wrap&semi;"><span style&equals;"font-family&colon; 'Arial'&comma;sans-serif&semi; color&colon; black&semi;"> <&sol;span><&sol;span><&sol;p>&NewLine;<p style&equals;"margin&colon; 0in&semi;"><span style&equals;"font-variant-numeric&colon; normal&semi; font-variant-east-asian&colon; normal&semi; white-space&colon; pre-wrap&semi;"><span style&equals;"font-family&colon; 'Arial'&comma;sans-serif&semi; color&colon; black&semi;">The latest funding brings TaskHuman’s total raised to-date to &dollar;35 million&comma; and will be used to supercharge product development&comma; marketing&comma; and sales efforts&period; The company is laser focused on global expansion and scaling its network of over 1&comma;000 coaches across nearly 50 countries&comma; by recruiting world-class experts and specialists&period; Topics covered within well-being and work-life integration include over 1&comma;000 topics where employees seek guidance&comma; spanning everything from physical fitness&comma; family dynamics&comma; and emotional well-being&comma; to financial planning&comma; career coaching&comma; and leadership coaching&period; <&sol;span><&sol;span><&sol;p>&NewLine;<p style&equals;"margin&colon; 0in&semi;"><span style&equals;"font-variant-numeric&colon; normal&semi; font-variant-east-asian&colon; normal&semi; white-space&colon; pre-wrap&semi;"><span style&equals;"font-family&colon; 'Arial'&comma;sans-serif&semi; color&colon; black&semi;"> <&sol;span><&sol;span><&sol;p>&NewLine;<p style&equals;"margin&colon; 0in&semi;"><span style&equals;"font-variant-numeric&colon; normal&semi; font-variant-east-asian&colon; normal&semi; white-space&colon; pre-wrap&semi;"><span style&equals;"font-family&colon; 'Arial'&comma;sans-serif&semi; color&colon; black&semi;">&OpenCurlyDoubleQuote;This round of funding allows us to continue expanding our coaching offerings to support individuals personal and professional needs&comma; while continuing to bring on a global network of specialists&period; Employees can then build out their own dream team of personal coaches that are accessible via video call at any time&comma; with just the click of a button&comma;” said Ravi Swaminathan&comma; co-founder and CEO of TaskHuman&period; &OpenCurlyDoubleQuote;This also allows us to change the lives of thousands of specialists throughout the world&period; As the rise of the gig economy has opened up a world of possibilities for flexible work options&comma; we take it one step further&semi; TaskHuman coaches are able to make money by utilizing their passion and expertise to help others&comma; and work from anywhere&comma; whenever they want&period;” <&sol;span><&sol;span><&sol;p>&NewLine;<p style&equals;"margin&colon; 0in&semi;"><span style&equals;"font-variant-numeric&colon; normal&semi; font-variant-east-asian&colon; normal&semi; white-space&colon; pre-wrap&semi;"><span style&equals;"font-family&colon; 'Arial'&comma;sans-serif&semi; color&colon; black&semi;"> <&sol;span><&sol;span><&sol;p>&NewLine;<p style&equals;"margin&colon; 0in&semi;"><span style&equals;"font-variant-numeric&colon; normal&semi; font-variant-east-asian&colon; normal&semi; white-space&colon; pre-wrap&semi;"><span style&equals;"font-family&colon; 'Arial'&comma;sans-serif&semi; color&colon; black&semi;">Organizations can deploy TaskHuman as a coaching solution to their global workforce&comma; allowing employees to amplify their daily work and personal lives&period; With TaskHuman’s unlimited pricing model&comma; every employee can engage in limitless ways to address their goals privately with unlimited in-app content&comma; live 1&colon;1 video calls&comma; and group sessions&period; Notable customers taking advantage of the TaskHuman platform include Zoom Video Communications&comma; Inc&period;&comma; Dr&period; Scholl’s&comma; Finastra&comma; Medidata&comma; Purdue University&comma; RingCentral&comma; and many more companies around the world&period; <&sol;span><&sol;span><&sol;p>&NewLine;<p style&equals;"margin&colon; 0in&semi;"><span style&equals;"font-variant-numeric&colon; normal&semi; font-variant-east-asian&colon; normal&semi; white-space&colon; pre-wrap&semi;"><span style&equals;"font-family&colon; 'Arial'&comma;sans-serif&semi; color&colon; black&semi;"> <&sol;span><&sol;span><&sol;p>&NewLine;<p style&equals;"margin&colon; 0in&semi;"><span style&equals;"font-variant-numeric&colon; normal&semi; font-variant-east-asian&colon; normal&semi; white-space&colon; pre-wrap&semi;"><span style&equals;"font-family&colon; 'Arial'&comma;sans-serif&semi; color&colon; black&semi;">&OpenCurlyDoubleQuote;Businesses are rushing to find new ways to better serve employees&comma; particularly as workforces become increasingly distributed&period; As the Future of Work emerges&comma; organizations are looking to offer more unique benefits to attract and retain top talent&comma;” said John Torrey&comma; venture partner at Madrona&period; &OpenCurlyDoubleQuote;TaskHuman is a standout compared to other platforms in the space because it allows organizations to offer a truly comprehensive coaching solution — with both a wide range of personal coaching topics and real-time video on demand&comma; connecting people with an expert instantly when they need it most&period; We’re thrilled to continue our support of TaskHuman through its next stage of growth&period;” <&sol;span><&sol;span><&sol;p>&NewLine;

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