Coachup

The platform serves athletes of all ages and skill levels, from youth to adults, who are looking for personalized training to improve their skills and confidence. For coaches, CoachUp provides tools to build their online presence, market their services, and manage their business, including scheduling and payment processing. The business generates revenue through a commission-based model, taking a percentage of the fee for each coaching session booked through the platform. This commission is structured on a sliding scale; the fee decreases as a coach completes more sessions with the same athlete. Additionally, CoachUp offers premium membership packages to athletes and charges coaches activation and monthly fees.

CoachUp's service provides a comprehensive directory of vetted coaches, complete with profiles detailing qualifications, specializations, and user reviews. All coaches undergo background checks to ensure safety and quality. The platform offers various training formats, including one-on-one sessions, group camps and clinics, and virtual training that can involve custom plans and video analysis. To enhance safety and trust, every session booked through the platform is covered by a $1 million liability insurance policy. Since its inception, the company has secured significant funding, including a $2.2 million seed round in 2012 and a $6.7 million Series A round in 2013, from investors such as General Catalyst and Point Judith Capital.