Torch Leadership Labs is a leadership development platform founded by coaches, psychologists, entrepreneurs, and people managers. Torch conducts 360-degree interviews with executives, their direct reports, and peers, and scores them on empathy, visionary thinking, communication, conflict resolution, management, and collaboration. Torch lays out improvement goals and timelines, and arranges video chat sessions with specialized coaches. Sessions remain confidential and only performance goals and metrics are shared with the HR team through a dashboard on the platform. As of April 2020, Torch had worked with more than 10,000 leaders across more than 200 organizations.
In April 2020, Torch launched Small Group Coaching, a month-long course that provides personalized coaching to small groups and individuals that also incorporates peer-to-peer learning.
Funding and financials
In May 2022, the company raised USD 40 million in a Series C funding round led by 137 Ventures. It planned to use the funds for product development and to scale operations. The round follows its USD 25 million Series B fundraise in February 2021.
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