ICONIQ Capital led a $125m Series D round in BetterUp.

ICONIQ Capital, a privately-held investment firm, led a $125m Series D round in BetterUp, a provider of commercial services. Additional investors include Lightspeed Venture Partners, Threshold Ventures, Plus Capital, Salesforce Ventures, Sapphire Ventures, and Mubadala Capital. “Since the very beginning, BetterUp has designed and built our products around the whole person — the vital intersection of well-being and human performance. By investing in their employees’ growth, our customers have seen measurable behavior change in their cultures and significant outcomes across their businesses. With the addition of Care, we can extend this impact to organizations who recognize mental fitness as the biggest lever in helping people thrive through change. We’re excited to partner with progressive companies to supercharge their entire workforce, from whole person to whole organization," Alexi Robichaux, BetterUp CEO and Co-Founder.