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  6. Torch Acquires Praxis Labs

M&A Deal Summary

Torch Acquires Praxis Labs

On July 10, 2025, Torch acquired software company Praxis Labs

Acquisition Highlights
  • This is Torch’s 2nd transaction in the Software sector.
  • This is Torch’s 2nd transaction in the United States.
  • This is Torch’s 1st transaction in New York.

M&A Deal Summary
Date 2025-07-10
Target Praxis Labs
Sector Software
Buyer(s) Torch
Deal Type Add-on Acquisition

Target

Praxis Labs

Brooklyn, New York, United States
Praxis Labs is an AI learning platform that helps unlock critical human skills to power businesses at scale. Praxis Labs is based in Brooklyn, New York.

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Buyer(S) 1

Buyer

Torch

San Francisco, California, United States
Category Company
Founded 2017
Sector Software
DESCRIPTION

Torch is a premium leadership development software platform that integrates 1:1 coaching with world-class coaches, behavioral science, robust metrics, and agile feedback. Torch has coached over 1,500 leaders across 250 rapid-growth companies.

DEAL STATS #
Overall 2 of 2
Sector: Software M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
State: New York M&A 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-03-16 Everwise

San Francisco, California, United States

Everwise delivers enterprise software and managed services that connect employees to the experts and insights that need to be successful at every stage of the careers. Companies around the world leverage Everwise to deliver engaging, collaborative, and impactful shared learning experiences for individuals, teams and organizations.

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