What is Honor?
Honor represents a paradigm shift in the home care landscape, functioning as a comprehensive technology platform that integrates operational support with a vast network of professional caregivers. Since its inception in 2014, the company has redefined how home care agencies operate, particularly through its strategic combination with Home Instead. This synergy allows Honor to support over 100,000 caregivers globally, addressing the complex, expanding needs of aging populations. By digitizing the home care experience, Honor provides the necessary tools for agencies to scale efficiently while maintaining high standards of care for millions of families worldwide.
How much funding has Honor raised?
Honor has raised a total of $622M across 6 funding rounds:
Series A
$20M
Series B
$42M
Series C
$50M
Series D
$140M
Series E
$70M
Debt
$300M
Series A (2015): $20M with participation from Andreessen Horowitz
Series B (2016): $42M led by 8VC, Thrive Capital, Syno Capital, and Andreessen Horowitz
Series C (2018): $50M, investors not publicly disclosed
Series D (2020): $140M featuring Andreessen Horowitz, Prosus Ventures, 8VC, Thrive Capital, T. Rowe Price Associates, Rocks Springs, and Baillie Gifford
Series E (2021): $70M backed by T. Rowe Price, Baillie Gifford, Thrive Capital, and Andreessen Horowitz
Debt (2021): $300M with participation from Ares and Perceptive Advisors
Key Investors in Honor
Andreessen Horowitz
Founded in 2009, Andreessen Horowitz is a private American venture capital firm that invests in both early-stage start-ups and established growth companies.
Thrive Capital
Thrive Capital is an investment venture capital company that operates out of New York, primarily dealing in internet and software investments.
8VC
8VC is a venture capital firm that focuses on building and investing in technology companies that solve real-world problems.
What's next for Honor?
With this major enterprise-level funding, Honor is well-positioned to accelerate its mission of revolutionizing the global home care market. The strategic allocation of this capital will likely focus on deepening its technological integration, expanding its footprint in international markets, and enhancing the operational capabilities of its combined caregiver network. As the demand for high-quality, tech-enabled elder care continues to rise, Honor's ability to leverage its recent financing will be critical in maintaining its competitive advantage and driving long-term value for stakeholders and the aging population alike.
See full Honor company page
