Honey builds a reinvented corporate intranet product the founder describes as fast, inexpensive and fun to use. The company’s co-founders launched Honey 2.0 while the founder was on maternity leave. Honey was actively raising a $1 million seed round during that period and secured a term sheet from Point Nine Capital in under two weeks. The team continued to generate revenue during the founder’s leave—the founder closed $60,000 of new sales from the hospital bed and December was one of the company’s biggest months. Product and cohort analysis were central topics in investor conversations. The company relied on a small founding team and external support (including Work-Bench providing dedicated nursing-room office space) to maintain operations. Fundraising occurred under runway pressure, motivating rapid investor outreach and meetings.

Total raised

$1M

Funding rounds

1

Latest round

Seed

Latest activity

Jan 2016