Blossom.team, a San Francisco, CA-based tech startup developing a science-backed and analytics-driven coaching platform, raised $1.5 million in seed funding.
The round was led by Kevin Carter (General Partner and Founder of Night Capital), with participation from Caffeinated Capital, Brian Pokorny, Niche Capital, and Gold House Ventures.
Strategic industry insiders also supported the raise, including chief product officers, executive coaches, and professional development specialists.
The funding will boost the company’s mission to democratize access to career coaching through a science-backed and analytics-driven platform.
Blossom will allocate the capital to further product development, expand its team, and continue to refine and improve the algorithms that form the backbone of its platform. Their iOS app is set to reach the App Store in late September.
Company: Blossom.team Inc.
Raised: $1.5M
Round: Seed Round
Funding Month: September 2022
Lead Investors: Kevin Carter
Additional Investors: Caffeinated Capital, Brian Pokorny, Niche Capital, and Gold House Ventures
Company Website: https://www.blossom.team/
Software Category: Professional Growth Platform
About the Company: Blossom is the first professional growth platform that utilizes science-backed techniques and advanced analytics to make professional coaching a more scalable, measurable, and scientific service for all employees of an organization. Blossom is redefining professional development through a science-backed and analytics-driven coaching app. Its novel solution is upending existing coaching paradigms – combining medical-grade science, advanced analytics, and proprietary tech. Blossom users currently report a 42% uplift in stress and well-being for their first 8 weeks of usage, along with an 80% engagement rate within the first month of signing up. Blossom objectively and measurably helps individuals and organizations grow across all professional dimensions (e.g., productivity, communication, leadership development, etc.).
Source: https://www.businesswire.com/news/home/20220901005706/en/Tech-Startup-Blossom.team-Closes-1.5-Million-in-Funding