Salesforce Ventures came back for a round which increased the professional coaching service’s valuation from $1.7bn to $4.7bn in eight months.

US-based professional coaching services provider BetterUp received $300m on Friday in a series E round featuring enterprise software provider Salesforce’s corporate venturing unit, Salesforce Ventures, at a valuation of $4.7bn.

The round was co-led by Iconiq Growth, Wellington Management and Lightspeed Ventures and included Mubadala Investment Company, Sapphire Ventures, SV Angel, Morningside Group and Plus Capital. The company’s total funding now sits at $600m.

BetterUp’s online platform lets businesses provide one-on-one and group coaching, counselling and mentorship to their employees…

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Fernando Moncada Rivera

Fernando Moncada Rivera is a reporter at Global Corporate Venturing and also host of the CVC Unplugged podcast.
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