CoachHub Takes Over Competition
Berlin edtech startup Coachhub has taken over French competitor Moovone, as Handelsblatt reports. This follows a recent series B financing round for the German business coaching platform and founders Yannis and Matti Niebelschütz. Altogether they have acquired 130 million USD since 2019, and now we know what they needed it for. The intention is to merge the tech behind both platforms, and consolidate both teams.Taken together, there are now over 3000 coaches available. Coachhub benefited from the pandemic and the ensuing shift to digital and is opening offices all over the world, including Australia, China, Japan, Singapore and the middle east.