BetterUp was founded in 2013 by Alexi Robichaux and Eddie Medina. CEO Robichaux has stated that he hopes to take the company public through an IPO, but has not disclosed specific plans or timing details. These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
BetterUp is a mental health coaching platform that offers businesses the tools to take "a proactive approach to the health and resilience of their employees." The platform uses AI to match users with a coach to help them maximize their psychological performance. BetterUp has acquired the technology and personnel management companies, Mobile and Impraise. BetterUp has raised $600 million in venture capital funding from investors including Wellington Management, ICONIQ, Lightspeed Venture Partners, Threshold Ventures, Salesforce Ventures, Crosslink Capital, and Tenaya Capital. A $300 million Series E round increased the company's valuation to $4.7 billion, which according to the company, makes BetterUp the largest mental health coaching startup in the world.
BetterUp does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.
The stock price for BetterUp will be known as it becomes public. Here are similar public companies: HealthStream (NAS: HSTM), Doximity (NYS: DOCS), Zymergen (NAS: ZY), Sight Sciences (NAS: SGHT).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 10/8/2021 | Series E | $4.75B | $XXX.XX | $XXX.XX |
| 2/25/2021 | Series D | $1.73B | $XXX.XX | $XXX.XX |
| 6/12/2019 | Series C | $704.35MM | $XXX.XX | $XXX.XX |
| 3/28/2018 | Series B | $121.47MM | $XXX.XX | $XXX.XX |
| 11/16/2016 | Series A, Seed, and Seed-1 | $34.64MM | $XXX.XX | $XXX.XX |
BetterUp is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.
If you own BetterUp pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.
Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.
BetterUp is a private company and not publicly traded.
If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.
