Torch acquired AI learning company Praxis Labs to expand its coaching and immersive AI simulation capabilities.
SourceTorch is a learning and development company that helps employers manage and measure employee growth at scale. Customers can draw from a pool of over 6000 mentors and coaches to pair with high performers and new managers at any layer of the organization. Torch was founded by a team of executive c
Public company, workplace, funding, and market signals
Updated Jul 30, 2026
Torch is a leadership coaching and alignment platform for mid-market and enterprise teams. It combines human expert coaches with the Spark AI agent and organizational intelligence to translate strategy into leadership behaviors and measurable development outcomes.
Primary product
Leadership coaching and alignment platform with Spark AI, change coaching, and organizational intelligence
Founded
2017
Headquarters
San Francisco, California, United States
Team size
150-200
Work style
Remote
Industry
Professional Training and Coaching
Sub-industry
Leadership development and coaching software / people development SaaS
0 jobs at Torch
Check back later for new openings
Offices
Business model
Stage
Series C
Total raised
$84M
Latest round
Series C · May 2022
Latest amount
$40M
May 2022 · 137 Ventures
Jan 2022
Nov 2021
Feb 2021 · Obvious Ventures
Sep 2019
Apr 2019 · Norwest Venture Partners
Mar 2018
Jan 2018 · Initialized Capital
Leadership
Chief Executive Officer
Executive Chair; Co-Founder
Keegan Walden, Ph.D.
Co-Founder & COO
Cher Braden
VP of People & Culture
Colin Schiller
Chief Business Officer
Investors
Mission-driven, coaching-oriented culture that emphasizes contextual coaching, collaboration, adaptability, and employees practicing the company’s own leadership principles through universal access to coaching.
Work style
Remote
Compensation
No public salary bands were found in the provided evidence. Public compensation signals include equity/vesting, 401(k) match, paid leave, and benefits; employee-reported software engineer compensation appears around $141K median total compensation in the U.S. on Levels.fyi (last updated 2026-07-10).
Benefits
Pricing
Custom enterprise pricing / request a demo
Differentiators
Technology
Customers
Competitors
Estimated revenue
$20M-$30M
Torch · Jul 2025
Torch announced the acquisition of Praxis Labs, an AI learning company, to deepen its product around coaching, learning, and immersive AI simulations.
Torch · Jan 2025
Torch newsroom lists the company’s major funding and leadership updates, including the Series B, Series C, and CEO transition.
Torch · Aug 2024
Torch named Heather Conklin CEO and moved co-founder Cameron Yarbrough to executive chair as part of a planned succession.
Torch · May 2022
Torch announced a $40 million Series C led by 137 Ventures with follow-on from Initialized Capital and participation from Norwest Venture Partners and Obvious Ventures.
Torch · Feb 2021
Torch announced a $25 million Series B led by Obvious Ventures.