HomeBankingHoneyBook: Raises $155m

HoneyBook: Raises $155m

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  • 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
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