BetterManager
Prepares managers at every level to lead through an evidenced-based combination of Coaching, Group Skills Training, Actionable Assessments, and E-Learning that is 100% virtual, easy to implement, and proven effective.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | $16.0m | Series A | |
| Total Funding | 000k | ||
| USD | 2023 |
|---|---|
| Revenues | 0000 |
| EBITDA | 0000 |
| Profit | 0000 |
| EV | 0000 |
| EV / revenue | 00.0x |
| EV / EBITDA | 00.0x |
| R&D budget | 0000 |
Source: Dealroom estimates
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New Level Work, formerly known as BetterManager, is a leadership development platform founded in 2017 by former Google executives Stéphane Panier, Wendy Hanson, and Will Corley. Panier, the CEO, draws from a rich background that includes a Harvard MBA, roles at Google during its hyper-growth phase, and executive positions at various tech startups, providing a blend of financial acumen and people management expertise. Hanson serves as the Chief of Culture and Evangelist, bringing over two decades of executive coaching experience, while Corley holds a Doctorate in Psychology, contributing a deep understanding of transformational leadership.
The company offers a comprehensive, 100% virtual platform designed to enhance leadership skills across all management levels, from new managers to senior executives. Its business-to-business (B2B) model serves a diverse range of clients, including global enterprises like Yelp, New Balance, and NASA, as well as organizations in higher education and government sectors. Revenue is generated by providing personalized coaching, group training, and a suite of tools, including 360-degree assessments. This integrated approach aims to deliver continuous learning journeys rather than isolated training events.
The platform's key offering is a blend of one-on-one coaching with experienced, vetted professionals, collaborative group learning, and technology-enabled solutions. In early 2024, the company rebranded to New Level Work and announced a new technology platform featuring an "Impact Dashboard." This tool is designed to measure the tangible business impact of leadership development, linking training outcomes to metrics like increased revenue and decreased costs, thereby demonstrating a clear return on investment for its clients. The platform also incorporates behavioral analytics to provide a nuanced understanding of program effectiveness and recently launched Leora AI, an AI-powered tool to scale personalized leadership development.
Keywords: leadership development, manager training, virtual coaching, executive coaching, people management, corporate training, B2B learning, professional development, employee performance, leadership skills, 360-degree feedback, team performance, organizational development, employee retention, human capital management, AI coaching, learning and development, New Level Work, BetterManager, Stéphane Panier