# Honeycommb

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/honeycommb

- Industry: Internet
- Headquarters: Boston, US
- Website: www.honeycommb.com
- Latest round: Seed (May 1, 2016)
- Investors on record: 1

## About

Honeycommb is a white-label community platform that empowers diverse groups by enhancing engagement and monetization through customizable solutions for community management.Founded in 2016, Honeycommb is based in Boston, US, and specializes in creating community engagement platforms. The firm was established by Ryan Fung and Sean Duhame, who were previously involved in other ventures. In May 2016, Honeycommb raised seed funding from Rubicon Venture Capital.Honeycommb offers a comprehensive, white-label community platform designed to facilitate engagement and monetization for various communities, including fans, organizations, and niche groups. The core product features a fully customizable interface, enabling users to brand their community through personalized graphics, web domains, and mobile applications available on both iOS and Android platforms. Key functionalities include membership subscription systems, event hosting capabilities, interactive livestreaming, and community management tools that allow the creation of diverse group structures, such as open, gated, or premium groups. The platform serves a wide range of clients, from content creators and coaches seeking to scale their businesses to organizations looking to enhance team collaboration. Honeycommb’s reach extends to multiple international markets, providing services tailored for diverse community needs across various sectors.Honeycommb generates revenue primarily through a subscription-based model, allowing clients to establish and maintain their own branded social networks. Clients can choose from different pricing tiers, starting with a base subscription that includes access to essential platform features, with additional costs associated with premium services such as branded mobile apps. A typical transaction structure involves clients subscribing to the platform, which may include a monthly fee starting from USD 24.99, with the option to enhance their service with branded mobile applications at an additional cost of USD 299 per month. This pricing model is designed to support a wide range of users, from small creators to larger organizations, allowing them to charge membership fees to their community members for exclusive content and features. The platform’s ability to integrate various services, such as e-commerce and learning management systems, further positions it as a comprehensive solution for client engagement and revenue generation.Honeycommb plans to leverage the funding raised in May 2016 to enhance its product offerings and expand into new markets. The company is currently developing new features to improve user engagement and is targeting expansion in Europe and Asia by 2023. The recent funding will be utilized to support these product developments and market entry strategies.

## Funding rounds

- Seed, May 1, 2016 — Rubicon Venture Capital

## Investors

- Rubicon Venture Capital (https://capitalatlas.ai/funds/rubicon-venture-capital) — Seed