Honee

Melbourne, Australia Founded: 2016 • Age: 10 yrs Acquired By Vively Healthcare
Beauty, wellness, and fitness services are booked through Honee.
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About Honee

Honee is a company based in Melbourne (Australia) founded in 2016 was acquired by Vively Healthcare in August 2021.. Honee has raised $1.82 million across 2 funding rounds from investors including Vively Healthcare, Blackbird Ventures and Melbourne Accelerator Program. Honee has completed 1 acquisition, including Vively Healthcare. Honee operates in a competitive market with competitors including BookWell, SLIKR, Luxbubble, The Slick App and The Blow, among others.

  • Headquarter Melbourne, Australia
  • Sectors
    Business Services
    Healthcare
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Business Services → Event, Translation & Local Services
Healthcare → Health Technology & Digital Health
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $1.82 M (USD)

    in 2 rounds

  • Latest Funding Round
    $1.8 M (USD), Seed

    Feb 13, 2018

  • Investors
  • Employee Count
    Employee Count
  • Investments & Acquisitions
  • Acquired by
    Vively Healthcare

    (Aug 19, 2021)

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Funding Insights of Honee

Honee has successfully raised a total of $1.82M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $1.8 million completed in February 2018. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding
  • Total Rounds 2
  • Last Round Seed — $1.8M
  • First Round

    (24 May 2016)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2018 Amount Seed - Honee Valuation Blackbird Ventures
May, 2016 Amount Seed - Honee Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Honee

Honee has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Vively Healthcare, Blackbird Ventures and Melbourne Accelerator Program. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
Investments are made in seed, early, and later-stage tech companies.
Founded Year Domain Location
Startup founders are supported through accelerator and pre-accelerator programs.
Founded Year Domain Location
Online teleconsultations for multiple diseases are facilitated.
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Honee

Honee has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Vively Healthcare. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Online teleconsultations for multiple diseases are facilitated.
2020
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Honee

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Honee Comparisons

Employees
+
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Competitors of Honee

Honee operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as BookWell, SLIKR, Luxbubble, The Slick App and The Blow, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Online bookings for beauty salon services are enabled by BookWell.
domain founded_year HQ Location
Queue optimization software manages wait times for industries like barber and health.
domain founded_year HQ Location
Online marketplace app for on-demand hair, beauty, and massage services.
domain founded_year HQ Location
Mobile app for booking beauty and salon appointments with local providers.
domain founded_year HQ Location
Offers premium blow dry and hair styling services for effortless looks in Australia.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Honee

Frequently Asked Questions about Honee

When was Honee founded?

Honee was founded in 2016.

Where is Honee located?

Honee is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.

Is Honee a funded company?

Honee is a funded company, having raised a total of $1.82M across 2 funding rounds to date. The company's 1st funding round was a Seed of $20K, raised on May 24, 2016.

What does Honee do?

Honee was established in 2016 as a platform for discovering and booking services in beauty, wellness, and fitness sectors. Categories covered include beauty treatments such as facials, waxing, hair removal, and eyelash extensions; nail and hair care; spa and massage options; wellness practices like yoga, pilates, and acupuncture; and fitness activities including boxing and CrossFit. Operations are based in Melbourne, Australia, since July 2016.

Who are the top competitors of Honee?

Honee's top competitors include BookWell, SLIKR and Luxbubble.

How many acquisitions has Honee made?

Honee has made 1 acquisition, including Vively Healthcare.

Who are Honee's investors?

Honee has 3 investors. Key investors include Vively Healthcare, Blackbird Ventures, and Melbourne Accelerator Program.

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