Honeybook Secures $155M in Series E Funding Led by Ann Azevedo of TechCrunch
Honeybook, a leading provider of business and financial management tools for creative entrepreneurs and small businesses, has just announced a $155 million Series E funding round led by Ann Azevedo of TechCrunch. This new round of financing will enable Honeybook to continue to invest in and expand their platform, allowing creative entrepreneurs to grow their businesses and manage their finances more efficiently.
Overview of Honeybook
Honeybook is a business and financial management platform designed for creative entrepreneurs and small businesses. Founded in 2013, the company provides its customers with automated tools for organization, scheduling, invoicing, bookkeeping, and payments. Honeybook‘s suite of products is designed to help creative entrepreneurs manage their business and financials in one place, so they can focus on their craft and grow their businesses.
The Series E Funding Round
Honeybook recently announced a $155 million Series E funding round. This new round of funding was led by venture capital firm TechCrunch and was joined by existing investors such as Norwest Venture Partners, Upfront Ventures, and Oren Zeev Ventures.
Details of the Funding Round
The $155 million Series E funding round consists of $85 million in equity and $70 million in debt. This new round of financing values Honeybook at over $1 billion. As part of the funding round, Ann Azevedo, a partner at TechCrunch, will join Honeybook’s board of directors.
What the Funding Will Enable Honeybook to Do
The new round of financing will enable Honeybook to continue to invest in and expand their platform. This will allow them to add more features and integrations to their platform, as well as add new services that will help creative entrepreneurs and small businesses grow their businesses and manage their finances more efficiently.
Conclusion
Honeybook’s recent Series E funding round will enable them to continue to invest in their platform and expand their services, helping creative entrepreneurs and small businesses manage their businesses and finances more efficiently. With the addition of Ann Azevedo from TechCrunch to its board of directors, Honeybook is well-positioned to continue its mission of helping creative entrepreneurs and small businesses reach their goals.
