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Next Jump has raised $20.0M across 1 funding round.
Key people at Next Jump.
Next Jump has raised $20.0M in total across 1 funding round.
Next Jump develops leadership coaching programs and a proprietary AI-powered platform, AiCoach, designed to enhance decision-making and performance for leaders and teams within organizations. Their approach integrates weekly live classes, group coaching, and performance tracking technology, focusing on practical application over theoretical knowledge. This system aims to democratize elite-level performance coaching, equipping individuals with the skills to adapt and excel in dynamic environments.
The company was founded by Meghan Messenger and Charlie Kim, who embarked on their mission over two decades ago, driven by the insight that robust leadership is critical for organizational success. Their extensive experience in observing and training numerous leaders informed the development of their structured coaching methodology and platform, which they continuously refine through real-time lessons and practical implementation.
Next Jump serves a diverse clientele of organizations seeking to cultivate stronger leaders and more effective teams. Their programs are utilized by various professionals, from senior HR partners to chief operating officers, all aiming for significant improvements in leadership effectiveness and team performance. The company's vision is centered on a philosophy of continuous self and collective improvement, empowering individuals to foster a culture of better outcomes for themselves and their organizations.
Next Jump is a technology company founded in 1994 that provides employee discount and rewards platforms, partnering with over 30,000 merchants to deliver special pricing and perks to employees of major corporations, including over 70% of the Fortune 1000.[1][2][6] Its core products include employee savings programs for Fortune 500 clients like Dell, Hilton, and Mastercard, as well as performance management tools and apps; the company has grown to around 200 employees across offices in New York (headquarters), Boston, San Francisco, and London, achieving $2.5 billion in sales by emphasizing a unique culture of personal development over traditional metrics.[2][4][6] What sets Next Jump apart is its "Better Me + Better You = Better Us" philosophy, prioritizing employee growth, lifetime employment, and community impact, which has driven fivefold sales growth since 2012 alongside high retention and profitability.[2][4]
Next Jump was started in 1994 by Charlie Kim from his Tufts University dorm room as a print coupon book business called The Collegiate Web, targeting college campuses and later corporate employees through HR partnerships to provide local merchant discounts.[1][3][5] Financially strained and on aid, Kim shifted to an online model by 1997 to cut print costs and enable real-time offer updates, evolving into digital discount programs for corporations, powering platforms like Yahoo’s Daily Deals and apps such as Overwhelming Offers.[1] Pivotal moments include raising $45 million stealthily over eight angel rounds (backers like Ram Shriram and Kevin Parker joined the board), emerging publicly around 2010 due to scale, and in 2012 adopting a "No Firing Policy" as culture became the core strategy, leading to recognition as a Deliberately Developmental Organization by Harvard Business Review in 2016.[1][2]
Next Jump rides the trend of purpose-driven workplaces amid rising demands for employee well-being, mental health, and retention in tech, where turnover often exceeds 20-40%; its model proves high performance (e.g., outsized growth) without firings, influencing HR tech by prioritizing development over hierarchy.[2][4][6] Timing aligns with post-2010 remote/hybrid shifts and 2020s Great Resignation, where firms seek sticky perks like discounts (reaching millions via Fortune 1000) to boost loyalty amid talent wars.[1][2] Market forces favoring it include e-commerce affiliate booms and corporate wellness mandates, positioning Next Jump as an ecosystem shaper—its open-source training inspires other firms, while client scale amplifies savings/rewards trends, humanizing tech giants.[1][4]
Next Jump's influence will likely expand through scaling its open development resources (e.g., YouTube programs) and global offices, potentially licensing culture tools or entering AI-driven personalization for discounts amid e-commerce growth.[2][4] Trends like AI-enhanced employee engagement, hybrid work perks, and ESG-focused investing will propel it, evolving from stealth coupon startup to a blueprint for profitable, human-centric tech firms. As Charlie Kim envisioned, this "elephant under the haystack" now leads by example, redefining success beyond exits or firings.[1][4]
Key people at Next Jump.
Next Jump has raised $20.0M in total across 1 funding round.
Next Jump's investors include Sherpalo Ventures.
Next Jump has raised $20.0M across 1 funding round. Most recently, it raised $20.0M Series U in December 2005.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Dec 1, 2005 | $20M Series U | — | Sherpalo Ventures | Announced |
