- HoneyBook, CA-based client experience and financial management platform for independent service-based businesses, raised $155m in Series D equity funding at a $1B valuation
- The round was led by Durable Capital Partners with participation from Tiger Global Management, Battery Ventures, Zeev Ventures
- The company also intends to use the funds to advance product development and expand internal resources, which includes increasing hiring
- HoneyBook also provides a client experience and financial management platform for independent service-based businesses
- By combining tools like billing, contracts and client communication, the solution allows business owners toget organized and provide service at every step
- HoneyBook used by service providers across the U.S. and Canada who have booked more than $3 billion in business on its platform
