New-age leadership development platform PeakPerformer secures early-seed funding from Antler India
The startup is taking a massive market online with a full stack solution for organisations to develop leaders at all levels.
We are excited to announce that Antler India has invested at a pre-seed stage in PeakPerformer, a new-age coaching platform for modern managers.
PeakPerformer is a tech-enabled leadership development platform that helps companies upskill leaders at all levels. A full-stack solution, PeakPerformer uses 360 degree data to design a unique coaching journey for each manager, tying outcomes to both organizational and individual goals.
PeakPerformer’s pre-seed round was led by Antler India. Co-investors in the round include Gaurav Munjal (Co-Founder & CEO, Unacademy Group) and Saket Agarwal (Angel Investor & Founder, Onnivation).
Since the launch of the platform 9 months back, PeakPerformer has delivered metric-moving outcomes to high-growth companies like Mobile Premier League, Wingify, Urban Ladder, Bizongo, Groww and Societe Generale among others. On average, users see a 32% increase in goal attainment and a 15–20% increase in scores on communication, shared vision and strategic thinking. This strong validation is helping PeakPerformer grow revenue at more than 50% month-over-month.
Unlike traditional training platforms, PeakPerformer customizes each manager’s learning journey by factoring in their skills, career paths, and goals. It then matches managers with the right leadership coaches to deliver highly personalized training. It also tracks a user’s performance across a range of demographic and psychographic parameters, using a 360-degree feedback process to help them become better leaders.
PeakPerformer was founded by second-time founders Aishwarya Goel and Gaurav Jhunjhnuwala, who have earlier built and scaled consumer products at PhonePe, WeWork, Trupay and S Chand. Both co-founders have benefited tremendously from executive coaching in their professional journeys. They are currently strengthening their product and engineering teams, to help build and scale their AI platform.
Aishwarya Goel, Co-Founder & CEO, PeakPerformer, said, “There are 90 Mn+ managers globally but only a handful of CXOs are getting coached for their jobs. I think it’s high time that this should change. With Peakperformer, we are reskilling employees and helping companies promote home-grown managers to leadership roles instead of depending on lateral hires. The initial response has been very motivating. In Antler, we have found a great partner who shares our mission. With this investment, we plan to scale our platform and expand our pool of Indian and global customers.”
Gaurav Jhunjhnuwala, Co-Founder, PeakPerformer, added, “Most leadership programs focus only on content and ignore the learner’s context. We have productized our programs in a way that allows coaches to offer customized modules that matter most to the organization and the learner, instead of bombarding them with everything that looks like leadership.”
PeakPerformer bridges the large gap between extensive leadership grooming available at the CXO-level versus the relatively meagre training prospects for other people managers, leaving the line of execution weak in many organisations.
Nitin Sharma, Partner at Antler India, said, “PeakPerformer is helping organisations scale their most important asset — their people. Every organisation today is grappling with the need to continuously develop their people, and to turn managers into leaders, amidst constant innovation and disruption. With remote work, Covid has only accelerated the urgency of taking this massive, fragmented market online. PeakPerformer has developed a game-changing approach to create a workforce that is more entrepreneurial, motivated, and emotionally intelligent.”
Read more about PeakPerformer on YourStory and Entreprenuer.com
If you are an early-stage founder in India, tackling deep, ambitious problems — we want to hear from you. Check out Antler India and apply now for our upcoming Founders Program and funding opportunities.
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