About HONK Technologies
HONK Technologies is a company based in Los Angeles (United States) founded in 2014.. HONK Technologies has raised $32.92 million across 3 funding rounds from investors including Angel List, Altpoint Capital Partners and Hinge Capital. HONK Technologies offers products and services including Roadside Assistance Platform, Specialized Vehicles Services, Accident Management, Vehicle Logistics Management, and Reimbursement Solutions. HONK Technologies operates in a competitive market with competitors including Urgently, INFINITI USA, Guardian Fleet Services, Curbside SOS and Mach1 Services, among others.
- Headquarter Los Angeles, United States
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Sectors
Transportation, Automotive & LogisticsBusiness Services
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Email
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Phone
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Website
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Social
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- Legal Name Honk Technologies, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$32.92 M (USD)
in 3 rounds
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Latest Funding Round
$18 M (USD), Series B
Jun 26, 2018
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Investors
Angel List
& 9 more
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Employee Count
Employee Count
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Products & Services of HONK Technologies
HONK Technologies offers a comprehensive portfolio of products and services, including Roadside Assistance Platform, Specialized Vehicles Services, Accident Management, Vehicle Logistics Management, and Reimbursement Solutions. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform for quick roadside help and vehicle issue resolution.
Services tailored for motorcycles, EVs, and RVs with digital integrations.
Tools for rapid accident response and vehicle release processes.
System for efficient towing and bulk vehicle coordination.
Digital interfaces for quick payments and fraud prevention.
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Funding Insights of HONK Technologies
HONK Technologies has successfully raised a total of $32.92M across 3 strategic funding rounds. The most recent funding activity was a Series B round of $18 million completed in June 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 Funding
- Total Rounds 3
- Last Round Series B — $18.0M
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First Round
First Round
(19 Nov 2014)
- Investors Count 10
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Series B - HONK Technologies | Valuation | Altpoint Capital Partners | |
| Apr, 2015 | Amount | Series A - HONK Technologies | Valuation | Altpoint Capital Partners | |
| Nov, 2014 | Amount | Seed - HONK Technologies | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in HONK Technologies
HONK Technologies has secured backing from 10 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Angel List, Altpoint Capital Partners and Hinge Capital. 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.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are directed toward fintech and technology sectors.
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Founded Year | Domain | Location | |
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Early-stage investments are made in technology-driven startups by Hinge Capital.
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Founded Year | Domain | Location | |
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Seed and early-stage tech investments in the US are targeted.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by HONK Technologies
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - HONK Technologies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Honk Technologies Comparisons
Competitors of HONK Technologies
HONK Technologies 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 Urgently, INFINITI USA, Guardian Fleet Services, Curbside SOS and Mach1 Services, 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 platform to book on demand car repair and roadside assistance services
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| domain | founded_year | HQ Location |
Tire maintenance, roadside assistance, and oil exchange services are provided.
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| domain | founded_year | HQ Location |
Towing, recovery, and transportation services are provided for vehicles.
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| domain | founded_year | HQ Location |
App-based platform that connects local law enforcement to towing companies
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| domain | founded_year | HQ Location |
On-demand roadside assistance is booked through an app-based platform.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Honk Technologies
Frequently Asked Questions about HONK Technologies
When was HONK Technologies founded?
HONK Technologies was founded in 2014.
Where is HONK Technologies located?
HONK Technologies is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is HONK Technologies a funded company?
HONK Technologies is a funded company, having raised a total of $32.92M across 3 funding rounds to date. The company's 1st funding round was a Seed of $1.8M, raised on Nov 19, 2014.
What does HONK Technologies do?
HONK Technologies was founded in 2014 in Los Angeles, United States, as an app-based platform in the roadside assistance sector. Vehicle issues are reported by users through the app, after which service professionals are dispatched for resolution. Services encompass towing, flat tire repairs, refueling, lockouts, and similar needs. The platform operates on iOS and Android devices, serving users across the region.
Who are the top competitors of HONK Technologies?
HONK Technologies's top competitors include Urgently, INFINITI USA and Curbside SOS.
What products or services does HONK Technologies offer?
HONK Technologies offers Roadside Assistance Platform, Specialized Vehicles Services, Accident Management, Vehicle Logistics Management, and Reimbursement Solutions.
Who are HONK Technologies's investors?
HONK Technologies has 10 investors. Key investors include Angel List, Altpoint Capital Partners, Hinge Capital, Structure Capital, and Expansion Venture Capital.
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