Funding round
Honor Series A
Honor, which works in home care services in Omaha, raised $20M in a Series A round announced on 2 Apr 2015, at a $55M post-money valuation. 2 firms took part. It is Honor's first venture round on record.
$20M
Amount raised
$55M
Post-money valuation
$35M pre-money
2
Investors
no lead named
36%
Stake sold
new money over the post-money
Valuation
What this round says about the price
This round priced Honor at $55M after the new money. The $20M bought investors about 36% of the company. It is Honor's first venture round on record, 21 years after it was founded in 1994. It is 6.2% of the $322M Honor has raised in the venture rounds on record. Honor raised again 16 months later: a Series B round of $42M in Aug 2016. Its next priced round, a Series E in Oct 2021, valued it at $1.25B.
Honor's funding rounds
Honor has 5 venture rounds on record and 1 other deal. This one is highlighted.
- Series A this round 2 Apr 2015 $20M$55M post-money
- Series B 8 Aug 2016, led by Thrive Capital $42M
- Series C 22 May 2018, led by Prosus $50M
- Series D 27 Oct 2020, led by Baillie Gifford and T. Rowe Price Associates, Inc. $140M
- Debt not a venture round 5 Oct 2021, led by Perceptive Advisors $300M
- Series E 5 Oct 2021, led by Baillie Gifford $70M$1.25B post-money
Investors
Who put money in
2 firms took part; no lead investor was named.
Investors
- Andreessen Horowitz backs 722 venture-backed companies new investor
- backs 40 venture-backed companies new investor
Comparable rounds
How it compares
The closest in time, other companies' Series A rounds in Home Health Care:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Home Health Care | 3 Dec 2015 | $3.5M | not disclosed | not named |
| Home Health Care | 28 Dec 2015 | undisclosed | not disclosed | Sopris Capital |
| Home Health Care | 13 Jan 2016 | $4.0M | not disclosed | SAIF Partners |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Honor raise in its Series A round?
Honor raised $20M in its Series A round, announced in Apr 2015.
Which investors took part in Honor's Series A round?
Andreessen Horowitz and BAM Ventures.
What was Honor's valuation at the Series A round?
$55M post-money ($35M pre-money).
Did Honor raise again after this round?
Yes: a Series B round in Aug 2016 of $42M.