About Honor
Honor is a company based in Omaha (United States) founded in 2014 by Seth Sternberg, Monica Lo, Cameron Ring, and Sandy Jen. Honor has raised $210 million across 3 funding rounds from investors including Ares Management, Prosus and Baillie Gifford. The company has 2,258 employees as of December 31, 2023. Honor offers products and services including Home Care Services, Honor Technology Platform, and Honor App. Honor operates in a competitive market with competitors including Care.com, Walgreens, Papa, The Helper Bees and Brookdale, among others.
- Headquarter Omaha, United States
- Employees 2258 as on 31 Dec, 2023
- Founders Seth Sternberg, Monica Lo, Cameron Ring, Sandy Jen
- Stage Unicorn
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Sectors
HealthcareBusiness Services
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Phone
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Website
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Social
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- Legal Name Honor Technology Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$210 M (USD)
in 3 rounds
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Latest Funding Round
$70 M (USD), Series E
Oct 05, 2021
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Investors
Ares Management
& 10 more
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Employee Count
2258
as on Dec 31, 2023
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Products & Services of Honor
Honor offers a comprehensive portfolio of products and services, including Home Care Services, Honor Technology Platform, and Honor App.
Platform for arranging personalized care for aging adults at home
System that enhances care delivery and coordination for elders
App for managing and scheduling home care services
People of Honor
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Operations Team
15 people
Human Resources and Administration
12 people
Software Development Team
11 people
Leadership Team
9 people
Product Management Team
9 people
Finance and Accounting
7 people
Board Team
5 people
Senior Team
4 people
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Funding Insights of Honor
Honor has successfully raised a total of $210M across 3 strategic funding rounds. The most recent funding activity was a Series E round of $70 million completed in October 2021. 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.
Investors in Honor
Honor has secured backing from 11 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Ares Management, Prosus and Baillie Gifford.
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Health-tech companies are targeted for venture capital investments.
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Alternative asset investment management firm
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Early-stage technology startups are invested in by Thrive Capital.
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Investor details for Honor
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Investments & Acquisitions by Honor
Investment portfolio details for Honor
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- Transaction dates
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Financial Statements - Honor
Detailed financials for Honor
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- Profit trends
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Honor Comparisons
Peer comparison for Honor
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
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Competitors of Honor
Honor 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 Care.com, Walgreens, Papa, The Helper Bees and Brookdale, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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An app-based marketplace for caregivers is operated.
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Prescriptions are filled and health and wellness products are provided.
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Senior members are connected with caregivers through a digital platform.
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Seniors are matched with caregivers through an online platform.
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Nursing and senior living center services are provided nationwide.
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Detailed competitors of Honor
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Latest news on Honor
Complete news archive for Honor
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Frequently Asked Questions about Honor
Honor was founded in 2014 and raised its 1st funding round 6 years after it was founded.
Honor is headquartered in Omaha, United States. It is registered at Omaha, Nebraska, United States.
Seth Sternberg is the current CEO of Honor. They have also founded this company.
Honor is a funded company, having raised a total of $210M across 3 funding rounds to date.
As of Dec 31, 2023, the latest employee count at Honor is 2,258.
Honor was founded in 2014 in Omaha, United States, as a provider in the home care and senior care sector. Services are offered to enhance health and wellness, including support for Medicaid recipients and case management to address medical or mental health needs. Transportation to and from appointments is also facilitated, with operations focused on accessible care delivery across the region.
Honor offers Home Care Services, Honor Technology Platform, and Honor App.
Honor has 11 investors. Key investors include Ares Management, Prosus, Baillie Gifford, Perceptive Advisors, and Lighthouse Investment Partners.
The valuation of Honor is $1.25B as of Oct 2021.