HoneyBook, which has built out a client experience and financial management platform for service-based small businesses and freelancers, announced today that it has raised $155 million in a Series D round led by Durable Capital Partners LP. Tiger Global Management, Battery Ventures, Zeev Ventures, 01 Advisors as well as existing backers Norwest Venture Partners and […]
Small business platform HoneyBook raises $155m
The new financing round gives the Israeli company a valuation of $1.1 billion.
Israeli financial management platform for small businesses and self-employed platform developer HoneyBook today announced the completion of a $155 million Series D financing round led by Durable Capital Partners with participation from Tiger Global Management, Battery Ventures, Zeev Ventures, 01 Advisors as well as existing investors Norwest Venture Partners, OurCrowd and Citi Ventures. The new financing round gives HoneyBook a valuation of $1.1 billion, post money. Only a very small amount of the funds raised are part of a secondary offering with some employees exercising options.
Announcing the TechCrunch Early Stage Marketing & Fundraising agenda
In April, we brought you over a dozen breakout sessions on fundraising and operations at the TC Early Stage event. Calendly’s Tope Awotona explained how to bootstrap effectively, Marlon Nichols shared how to get an investor’s attention, Zoom CRO Ryan Azus talked about how to build and lead a sales team, and Fuel Capital’s Leah Solivan told us about the worst startup habits and how to kick them.
But that was just the tip of the iceberg.
On July 8 and 9, we’re bringing even more of that goodness to the table with TC Early Stage Marketing & Fundraising. Our speakers will give brief presentations around a variety of startup core competencies, like product-market fit, paid marketing strategies, and of course, fundraising. Each session is specifically designed to allow for loads of audience Q&A so you can ask your own questions to these experts.
UPDATE 1-VAST valuation triples to $3.7 bln after Tiger Global-led investment Reuters 5/4/2021
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May 4 (Reuters) - Software storage company VAST Data said on Tuesday it had tripled its valuation in a year to $3.7 billion after raising $83 million in a funding round led by investment giant Tiger Global Management.
This is the latest in a flurry of funding deals that Tiger has led in recent months, amid sky-high demand for fast-growing tech startups. The investment company has also recently backed cloud firm Redis Labs and e-commerce platform Kajabi.
Squarespace, one of Tiger Global s portfolio companies which was valued at $10 billion in March, is going public through a direct listing later this month.