TaskHuman Lands $20 Million Series B

PALO ALTO &&num;8212&semi; TaskHuman, which operates a digital coaching platform, 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, with participation from Impact Venture Capital, RingCentral Ventures, Sure Ventures, and USVP, alongside new investors Gaingels, PeopleTech Angels, Propel(x), and Zoom Ventures&period; Participating angel investors also include Hemant Thapar and Margo Georgiades&period; &NewLine; &NewLine;The latest funding brings TaskHuman’s total raised to-date to &dollar;35 million, and will be used to supercharge product development, marketing, and sales efforts&period; The company is laser focused on global expansion and scaling its network of over 1,000 coaches across nearly 50 countries, by recruiting world-class experts and specialists&period; Topics covered within well-being and work-life integration include over 1,000 topics where employees seek guidance, spanning everything from physical fitness, family dynamics, and emotional well-being, to financial planning, career coaching, and leadership coaching&period; &NewLine; &NewLine;&OpenCurlyDoubleQuote;This round of funding allows us to continue expanding our coaching offerings to support individuals personal and professional needs, 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, with just the click of a button,” said Ravi Swaminathan, 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, we take it one step further&semi; TaskHuman coaches are able to make money by utilizing their passion and expertise to help others, and work from anywhere, whenever they want&period;” &NewLine; &NewLine;Organizations can deploy TaskHuman as a coaching solution to their global workforce, allowing employees to amplify their daily work and personal lives&period; With TaskHuman’s unlimited pricing model, every employee can engage in limitless ways to address their goals privately with unlimited in-app content, live 1&colon;1 video calls, and group sessions&period; Notable customers taking advantage of the TaskHuman platform include Zoom Video Communications, Inc&period;, Dr&period; Scholl’s, Finastra, Medidata, Purdue University, RingCentral, and many more companies around the world&period; &NewLine; &NewLine;&OpenCurlyDoubleQuote;Businesses are rushing to find new ways to better serve employees, particularly as workforces become increasingly distributed&period; As the Future of Work emerges, organizations are looking to offer more unique benefits to attract and retain top talent,” said John Torrey, 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, 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;” &NewLine;

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