AI leadership development platform Praxis Labs snags acquisition by Torch

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Praxis Labs, a learning development platform, has been acquired by leadership and coaching enterprise Torch. Co-founder and CEO Elise Smith expressed the need for powerful partnerships to reach more companies, like Amazon. The acquisition aligns Torch’s coaching and organizational insights with Praxis’ AI coaching and skill assessments. Praxis Labs, known for working with big names like eBay and Google, secured a $15 million Series A funding back in 2021. Smith and co-founder Heather Shen will take on key roles at Torch, emphasizing the importance of preparing for the next generation of work with humans and AI. Joining Torch presents a unique opportunity to help companies navigate this pivotal moment.

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