# Torch

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/torch-2

- Industry: Software
- Headquarters: San Francisco, US
- Website: www.torch.io
- Total disclosed funding: $80M
- Latest round: Series C (May 22, 2022)
- Investors on record: 9

## About

Torch is a US-based company specializing in leadership development and coaching solutions that adapt to the evolving needs of organizations, helping leaders navigate complex business challenges through tailored coaching experiences.Torch, founded in 2017 in San Francisco, US, focuses on leadership development through personalized coaching solutions. The company has successfully completed a total of 8 deals and raised USD 40.00 mn in its Series C funding round on May 22, 2022, led by 137 Ventures and participated by notable investors such as Initialized Capital and Norwest Venture Partners. Cameron Yarbrough is the CEO and one of the co-founders, alongside Collin Kerrigan, Jeff Baldwin, Jeremy O'Briant, Jonathan Correia, Keegan Walden, and Wayne Fullam.Torch provides comprehensive leadership development and coaching solutions designed to meet the evolving needs of organizations in a rapidly changing business landscape. Their core offerings include tailored one-on-one coaching sessions and collaborative group sessions that address the unique challenges faced by leaders across various functions, from executives to sales and marketing teams. The coaching programs leverage a contextual coaching approach that aligns individual growth with broader organizational objectives, fostering adaptability, innovation, and effective change management. Torch's solutions are applicable across diverse industries, serving enterprise clients in markets such as North America, Europe, and Asia-Pacific. Their technology platform enhances the coaching experience by delivering actionable insights into leadership trends and organizational impact, ultimately enabling companies to cultivate resilient, future-ready leaders.Torch's revenue model is primarily based on subscription-based coaching services, offering clients access to a range of customizable coaching programs that align with their specific business goals. The company engages in B2B transactions, partnering with enterprise clients to provide tailored coaching solutions that empower leaders at all organizational levels. Clients pay for these services through structured contracts that may include provisions for both individual coaching engagements and larger cohort programs. While specific pricing details for individual services are not disclosed, the structure is designed to accommodate the diverse needs of organizations, ensuring that clients receive the necessary support to foster leadership growth and drive measurable results.In May 2022, Torch raised USD 40.00 mn in Series C funding to expand its product offering and scale its operations. The company plans to introduce new coaching programs tailored to emerging leadership challenges in the coming year. Additionally, Torch aims to expand its services into new geographic regions including Asia-Pacific and Europe by the end of 2023, leveraging the recent funding to support these initiatives.

## Funding rounds

- Series C, May 22, 2022, $40M — Norwest Venture Partners, Initialized Capital, 137 ventures, Obvious
- Series B, Feb 25, 2021, $25M — Obvious
- Series B, Feb 1, 2021 — Norwest Venture Partners
- Series A, Mar 8, 2019, $12M — Norwest Venture Partners, Y Combinator, Initialized Capital, West Venture Partners, Pioneer Fund
- Seed, Oct 4, 2017, $2.4M — Y Combinator, Initialized Capital, NewDo Venture, Refinery Ventures, Pioneer Fund

## Investors

- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series A
- Initialized Capital (https://capitalatlas.ai/funds/initialized-capital) — Seed, Series A, Series C
- NewDo Venture (https://capitalatlas.ai/funds/newdo-venture) — Seed
- Refinery Ventures (https://capitalatlas.ai/funds/refinery-ventures) — Seed
- Pioneer Fund (https://capitalatlas.ai/funds/pioneer-fund) — Seed, Series A
- Norwest Venture Partners (https://capitalatlas.ai/funds/norwest-venture-partners) — Series A, Series B, Series C
- West Venture Partners (https://capitalatlas.ai/funds/west-venture-partners) — Series A
- Obvious (https://capitalatlas.ai/funds/obvious) — Series B, Series C
- 137 ventures (https://capitalatlas.ai/funds/137-ventures) — Series C