# BetterUp funding: rounds and investors

> BetterUp has raised $142M across 4 rounds since 2016. Investors include Lightspeed Venture Partners, Crosslink Capital and Y Combinator.

Source: https://millionrounds.com/company/betterup (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *BetterUp*

4 rounds we have observed, with the 14 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

AI Internet

Valuation: $4.7B, Mar 2026

Funding summary Updated 26 Oct 2026

**$142M** raised across 4 rounds since 2016, from 4 sources

**$13M** Series A **$26M** Series B **$103M** Series C **$215K** Venture

- **Latest round:** Venture, $215K Feb 2024
- **Biggest round:** $103M Series C · Jun 2019
- **Investors:** 14 (1 led)

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2020 2022 2024

**$13M** Series A

**$26M** Series B

**$103M** Series C

**$215K** Venture

- **First round:** Series A, $13M
- **Biggest round:** $103M
- **Usual gap between rounds:** 16 months

## The rounds

- **Feb 2024** Venture **$215K** *5 new* *1 returning* [Y Combinator](https://millionrounds.com/fund/y-combinator) [SV Angel](https://millionrounds.com/fund/sv-angel) [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) Source recorded SEC filing: $215K sold, first sale Feb 2024
- **Jun 2019** Series C **$103M** *5 new* *1 returning* [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) Lead [SVB Capital](https://millionrounds.com/fund/svb-capital) [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Freestyle Capital](https://millionrounds.com/fund/freestyle) [Tenaya Capital](https://millionrounds.com/fund/tenaya-capital) [Threshold](https://millionrounds.com/fund/threshold) Reported by FinSMEs
- **Mar 2018** Series B **$26M** *3 new* [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) Freetyle Lightspeed Venture Partners/ DFJ Reported by FinSMEs
- **Nov 2016** Series A **$13M** *1 new* [DFJ](https://millionrounds.com/fund/dfj) Reported by FinSMEs

## Founders and team

From BetterUp's own website: 2 founders, 11 on the team.

**Alexi Robichaux** Co-founder & CEO

**Eduardo Medina** Co-founder & COO

- **John Eldh** President, Global Field Operations
- **Chanel Fanaberia** Chief Customer Officer
- **Jolen Anderson** Chief People & Community Officer
- **Kristian Talvitie** Chief Financial Officer
- **Ryan Weber** Chief Talent Officer
- **Brian O'Hagan** VP, Product
- **Dan Stanton Jr.** VP, Enterprise Sales - EMEA
- **David Garver** VP, Product Management (Platform)
- **Samiur Rahman** VP, AI Product
- **Serge Vasil** VP, Product Design
- **Sarah Binder** General Counsel and Corporate Secretary

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2016 **Series B** 2018 **Series C** 2019 **Venture** 2024 [Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) L [Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) [Y Combinator](https://millionrounds.com/fund/y-combinator) [SV Angel](https://millionrounds.com/fund/sv-angel) [Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) [SVB Capital](https://millionrounds.com/fund/svb-capital) [DFJ](https://millionrounds.com/fund/dfj) [Wellington Management](https://millionrounds.com/fund/wellington-management) [Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) [Freestyle Capital](https://millionrounds.com/fund/freestyle)

## Everyone who backed them

[Lightspeed Venture Partners](https://millionrounds.com/fund/lightspeed-venture-partners) VC firm **2** rounds, led 1

[Crosslink Capital](https://millionrounds.com/fund/crosslink-capital) VC firm **2** rounds

[Y Combinator](https://millionrounds.com/fund/y-combinator) Accelerator **1** round

[SV Angel](https://millionrounds.com/fund/sv-angel) VC firm **1** round

[Salesforce Ventures](https://millionrounds.com/fund/salesforce-ventures) Corporate VC **1** round

[SVB Capital](https://millionrounds.com/fund/svb-capital) VC firm **1** round

[DFJ](https://millionrounds.com/fund/dfj) VC firm **1** round

[Wellington Management](https://millionrounds.com/fund/wellington-management) VC firm **1** round

[Sapphire Ventures](https://millionrounds.com/fund/sapphire-ventures) VC firm **1** round

[Freestyle Capital](https://millionrounds.com/fund/freestyle) VC firm **1** round

[Tenaya Capital](https://millionrounds.com/fund/tenaya-capital) VC firm **1** round

[Threshold](https://millionrounds.com/fund/threshold) VC firm **1** round

Freetyle no record of our own yet **1** round

Lightspeed Venture Partners/ DFJ no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=betterup).

## Also claim to have backed them

These 12 firms list BetterUp as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Ulu Ventures](https://millionrounds.com/fund/ulu-ventures) VC firm Per its own site

[Afore Capital](https://millionrounds.com/fund/afore-capital) VC firm Per its own site

[Graph Ventures](https://millionrounds.com/fund/graph-ventures) VC firm Per its own site

[Iconiq Capital](https://millionrounds.com/fund/iconiq-capital-3) Growth equity Per its own site

[ICONIQ Capital](https://millionrounds.com/fund/iconiq-capital) Family office Per its own site

[Keen Venture Partners](https://millionrounds.com/fund/keen-venture-partners) VC firm Per its own site

[Plus Capital](https://millionrounds.com/fund/plus-capital) VC firm Per its own site

[Garage Capital](https://millionrounds.com/fund/garage-capital) VC firm Per its own site

[Carnrite Ventures](https://millionrounds.com/fund/carnrite-ventures-2) VC firm Per its own site

[Lemonade Capital](https://millionrounds.com/fund/lemonade-capital) VC firm Per its own site

[Very Serious Ventures](https://millionrounds.com/fund/very-serious-ventures) Angel network Per its own site

[evio.vc](https://millionrounds.com/fund/evio) VC firm Per its own site

## Quick answers about BetterUp

### Who invested in BetterUp?

BetterUp's investors include Lightspeed Venture Partners, Crosslink Capital, Y Combinator, SV Angel and Salesforce Ventures, and 9 more on record.

### How much has BetterUp raised?

BetterUp has raised $142M across 4 rounds since 2016.

### When did BetterUp last raise?

BetterUp's most recent round was a Venture of $215K in Feb 2024.

### What was BetterUp's biggest round?

BetterUp's largest round on record is $103M (Series C), in Jun 2019, led by Lightspeed Venture Partners.

### Who backed BetterUp first?

BetterUp's first round on record, in Nov 2016, was backed by DFJ.

### What stage is BetterUp at?

BetterUp's latest named round is a Venture, in Feb 2024.

### Where is BetterUp based?

BetterUp is based in the United States.

### Who led BetterUp's rounds?

Lightspeed Venture Partners led the Series C in 2019.

## Companies like BetterUp

In the same sector, and raised in the last eighteen months.

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