Know You More announces £400k funding to support unprecedented growth
Edinburgh, Scotland – 21st August 2020
Know You More, one of the world’s leading digital coaching providers is pleased to announce it is raising up to £400,000 in SEIS/EIS eligible investment capital to support the unprecedented growth of its business over the past year.
The Edinburgh based company has delivered executive-level coaching to improve the leadership development and mental wellbeing of over a thousand people during a short period. Know You More’s clients include NHS Scotland, University of Edinburgh, Ocado, Siemens, and many other world-class organisations that are committing to providing executive-level coaching at scale to people at all levels of their organisation.
“The COVID-19 pandemic has accelerated the digital adoption by companies of all sizes and Know You More has been a benefactor of this adoption supporting workforces during the crisis. The impact we are making on improving the lives of employees who are now equipped with the tools and support to be more effective in their roles. It’s a win-win for the employees who feel better, do better and the organisations which benefit from higher productivity and improved company culture,” commented Tim Mart, Co-founder and CEO of Know You More.
Co-Founder and CTO, Chirag Mehta stated: “Companies that value leadership and productivity realise that coaching shouldn’t be a luxury available only to the C-suite. Our vision for Know You More was to provide unparalleled on-demand access to quality coaching by accredited coaches at a fraction of the cost of a traditional executive coach. I am proud to say we have achieved this and are now ready to scale and to support thousands of more people at hundreds of organisations worldwide.”
The funding will be used primarily to increase Know You More’s sales, marketing, and client relationship team. Suhail Ahmad, Executive Chairman of Know You More added: “Investing in people has never been more important than it is now at a time when HR departments are overwhelmed by the impact of the coronavirus pandemic. A recent report by Deloitte demonstrated that every £1 spent on the well-being of staff resulted in a £5 return for the organisation in the form of improved productivity. We are seeking strategic investors and angels with a vision to support the well-being of millions of people and help Know You More become a global leader in the multi-billion coaching marketplace.”
About Know You More
Know You More is the world’s leading digital coaching provider delivering the most cost-effective way for organisations to support the well-being and leadership development of its people with executive-level coaching at scale. With clients in the U.K. and abroad spanning both the corporate and public sector, including National Health Service (NHS), Siemens, Novartis, Ocado, St. Andrews University and many more, Know You More is on a mission to create thriving cultures within organisations and communities by combining the power of real human conversation with innovative technologies. To learn more and schedule a demo, visit https://www.knowyoumore.com
Tim Mart, CEO
Suhail Ahmad, Executive Chairman