CoachHub Achieves 56M Revenue Despite Challenges

CoachHub, a Berlin-based EdTech company, has demonstrated remarkable growth by increasing its revenue from 35 million to 56 million euros in 2023. The company specializes in connecting corporate leaders with professional coaches across different markets: 25% DACH region, 40% other European countries, and 35% worldwide.

Despite this success, CoachHub faced financial challenges that led to a 25% workforce reduction in early 2024 to improve profitability. The company has invested over 300 million euros since its founding.

Meanwhile, the startup ecosystem shows interesting trends, particularly in blood testing services with companies like Aware and Lykon gaining traction. Football champion Mario Götze has become an active investor with over 70 investments, while Sono Motors rebranded to SonoSolar, shifting focus to solar vehicle technology.