AceUp Raises $22.5 Million in Series A

by Kay Aloha Villamor in September 16th, 2024

AceUp, a Boston, MA-based human-centered leadership development solutions provider, has raised $22.5 million in Series A Funding 

Investors 

The round was led by PJC, with participation from Techstars Ventures, Gaingels Ventures, Water Bear Ventures, and Launchpad Venture Group. 

PJC is an early-stage venture capital firm focused on investing in and supporting entrepreneurs who are shaping the future. The firm has invested in over 100 companies across North America since its founding in 2001 and is based in Boston, MA. 

AceUp Use of Funds 

The funds will scale AceUp's AI-powered Team Transformation Engine, deploy equitable GenAI-driven coaching, and enhance data-centric analytics for optimized team and individual coaching. 

About AceUp 

AceUp is an AI-powered team transformation engine that brings human-centered leadership development solutions to individuals and teams worldwide. Developed in collaboration with the Harvard-backed Institute of Coaching, AceUp helps innovative, purpose-driven enterprises build high-performing teams at scale and upskill leaders at all levels to unleash their full potential. AceUp combines one-on-one leadership coaching, systemic team coaching, and AI-powered talent analytics to enhance team engagement, alignment, and performance. The platform supports over 50 global enterprises, including Teradyne, NTT Data, LVMH, L’Oréal, and Veolia. 

Funding Details 

Company: AceUp, Inc. 

Raised: $22.5M 

Round: Series A 

Funding Date: September 2024 

Lead Investor: PJC 

Additional Investors: Techstars Ventures, Gaingels Ventures, Water Bear Ventures, Launchpad Venture Group 

Company Website: https://aceup.com/  

Software Category: Leadership Development Solution 

Source: https://www.businesswire.com/news/home/20240912079073/en/ 

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