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HoneyBook: Raises $155m

May 6, 2021

HoneyBook the leading client experience and financial management platform for independent service-based business owners
Announced a $155 million Series D equity round led by Durable Capital Partners LP with participation from Tiger Global Management
In the past year, the pandemic accelerated two existing macro trends: the growth of the independent workforce and the digitization of small businesses
The way consumers interact with small businesses fundamentally changed, necessitating the increased adoption of digital tools
In 2020, sweeping corporate layoffs driven by the pandemic resulted in an even greater surge in entrepreneurship
HoneyBook also continued to expand its market as those businesses whose work unimpeded by COVID-19 restrictions