# Hone Group

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/hone-group

- Industry: Education/Training
- Headquarters: Encinitas, US
- Website: www.honehq.com
- Total disclosed funding: $52M
- Latest round: Series B (Aug 5, 2022)
- Investors on record: 16

## About

Hone Group Inc., based in the US, provides live and interactive learning solutions aimed at enhancing leadership and essential workplace skills within organizations, focusing on employee engagement and professional growth.Hone Group Inc. was founded in 2018 and operates out of Encinitas, US. The company specializes in offering a comprehensive learning platform that promotes interactive education. The firm was co-founded by Savina Perez, Tom Griffiths, and Vincent Cullane, with Tom Griffiths currently serving as the CEO. Hone has raised a total of USD 29.3 mn through its funding rounds, with its latest funding being a Series B round in August 2022, led by 3L Capital, and including investors like F-Prime Capital and Cowboy Ventures. The company's valuation currently stands at USD 109.21 mn.Hone provides an all-in-one learning platform featuring over 100 science-backed classes and tailored learning experiences for various employee levels. Its offerings include group coaching, cohort-based learning programs exclusive to organizations, and personalized development journeys to enhance managerial effectiveness. Clients range from Fortune 500 companies to varied organizations seeking to enhance employee engagement and retention, with services accessible globally across North America, Europe, and Asia.Hone generates revenue primarily through a subscription-based model, offering unlimited access to its learning catalog. Clients typically enter into annual or multi-year subscription agreements, which include live classes and on-demand materials. The company also provides customizable learning tracks and premium add-ons, such as executive coaching and assessments, to enhance its offerings. Specific pricing information is not disclosed, but Hone focuses on delivering comprehensive learning experiences that positively impact employee performance and satisfaction.Hone plans to utilize the USD 29.3 mn raised in its Series B funding round to expand its platform and enhance its course catalog. The company aims to improve its core programming across various verticals. With an emphasis on creating new products, Hone will focus on expanding its offerings to meet growing market needs. Additionally, there are plans to target new geographic regions for expansion, although specific regions and timelines have not been disclosed.

## Funding rounds

- Series B, Aug 5, 2022, $29M — Invus [DUP], F-Prime Capital, Cowboy Ventures, Slack Fund, Gaingels, NextGen Venture Partners, 3L Capital, SemperVirens, Swift Ventures
- Series A, Nov 2, 2021, $16M — F-Prime Capital, Cowboy Ventures, Slack Fund, Gaingels, NextGen Venture Partners, SemperVirens, Swift Ventures
- Seed, Nov 19, 2020 — 10X Capital
- Seed, Apr 6, 2020, $2.8M — Harrison Metal, Cowboy Ventures, Reach Capital, Slack Fund, NextGen Venture Partners, Firework Ventures
- Seed, Dec 21, 2018, $3.6M — Harrison Metal, Rethink Capital Partners, Cowboy Ventures, Reach Capital, Slack Fund, Day One Ventures, Entangled Ventures

## Investors

- Harrison Metal (https://capitalatlas.ai/funds/harrison-metal) — Seed
- Rethink Capital Partners (https://capitalatlas.ai/funds/rethink-capital-partners) — Seed
- Cowboy Ventures (https://capitalatlas.ai/funds/cowboy-ventures) — Seed, Series A, Series B
- Reach Capital — Seed
- Slack Fund (https://capitalatlas.ai/funds/slack-fund) — Seed, Series A, Series B
- Day One Ventures (https://capitalatlas.ai/funds/day-one-ventures) — Seed
- Entangled Ventures — Seed
- NextGen Venture Partners (https://capitalatlas.ai/funds/nextgen-venture-partners) — Seed, Series A, Series B
- Firework Ventures (https://capitalatlas.ai/funds/firework-ventures) — Seed
- 10X Capital (https://capitalatlas.ai/funds/10x-capital) — Seed
- F-Prime Capital (https://capitalatlas.ai/funds/f-prime-capital) — Series A, Series B
- Gaingels (https://capitalatlas.ai/funds/gaingels) — Series A, Series B
- SemperVirens (https://capitalatlas.ai/funds/sempervirens) — Series A, Series B
- Swift Ventures (https://capitalatlas.ai/funds/swift-ventures) — Series A, Series B
- Invus [DUP] — Series B
- 3L Capital (https://capitalatlas.ai/funds/3l-capital) — Series B