BetterUp Employee Wellness Startup Valued at $1.73 Billion

  • $125 million Series D funding round led by Iconiq Growth
  • BetterUp offers coaching, counseling as well as mentorship
Photographer: Sarah Mason/Digital Vision/Getty Images
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Employee wellness startup BetterUp Inc. has raised $125 million at a $1.73 billion valuation.

The investment was led by Iconiq Growth, with participation from existing investors Lightspeed Venture Partners, Threshold Ventures and Plus Capital. New investors Salesforce Ventures, Sapphire Ventures and Mubadala Capital joined the round.