{"id":14516,"date":"2019-03-21T19:46:55","date_gmt":"2019-03-21T19:46:55","guid":{"rendered":"https:\/\/rsoftsolution.com\/blog\/honeybook-a-client-management-platform-for-creative-businesses-raises-28m-series-c-led-by-citi-ventures.html"},"modified":"2019-03-21T19:46:55","modified_gmt":"2019-03-21T19:46:55","slug":"honeybook-a-client-management-platform-for-creative-businesses-raises-28m-series-c-led-by-citi-ventures","status":"publish","type":"post","link":"https:\/\/www.rbsitsoftwaresolution.in\/blog\/honeybook-a-client-management-platform-for-creative-businesses-raises-28m-series-c-led-by-citi-ventures.html","title":{"rendered":"HoneyBook, a client management platform for creative businesses, raises $28M Series C led by Citi Ventures"},"content":{"rendered":"

\"\"<\/p>\n

HoneyBook co-founders Oz and Naama Alon<\/p>\n

HoneyBook<\/a>, a customer-relationship management platform aimed at small businesses in creative fields, announced today it has raised a $28 million Series C led by Citi Ventures. All of its existing investors, including Norwest Venture Partners, Aleph, Vintage Investment Partners and Hillsven Capital, also returned for the round. Citi is a strategic partner for HoneyBook <\/a> and this will enable it to offer new financial products to freelancers, its co-founder and CEO Oz Alon told TechCrunch.<\/p>\n

This brings HoneyBook\u2019s total raised so far to $72 million. It is using the funds to grow its teams in San Francisco and Tel Aviv and build new features for its user base, including small companies, people who work by themselves (\u201csolopreneurs\u201d) and freelancers. Like other CRMs, HoneyBook helps them develop relationships with potential new clients, manage projects, send invoices and accept payments, but with tools scaled for their business\u2019 needs.<\/p>\n

Alon told TechCrunch in an email that one segment HoneyBook is focused on is millennials (he cites a survey <\/a>that found 49 percent of people under 40 plan to start their own business). HoneyBook currently claims tens of thousands of customers and has passed $1 billion in business booked using its software, along with 75,000 members in Rising Tide, the company\u2019s online community for creative entrepreneurs.<\/p>\n

Other management software platforms competing for the attention of entrepreneurs and freelancers include Tave, Dubsado and 17hats. One of the main ways HoneyBook differentiates is by enabling its users to accept online payments without integrating with a third-party service. Thanks to this, its users \u201ctransact more than 80 percent of their business online, significantly more than any other payments platform serving this audience, Alon said. It\u2019s partnership with Citi will also allow the company to develop more unique services for its target customers, he added.<\/p>\n

In a prepared statement, Citi Ventures\u2019 Israel director and venture investing lead Omit Shinar said \u201cWe are in the midst of a period of extensive changes in societal structures and economic models. The fintech ecosystem is producing more and more breakthrough innovations that serve the needs of modern consumers, and we believe, as a pioneer in its space, HoneyBook can become a market leader in the U.S.\u201d<\/p>\n

Article source: http:\/\/feedproxy.google.com\/~r\/techcrunchIt\/~3\/JzIegNj6-8U\/<\/p>","protected":false},"excerpt":{"rendered":"

HoneyBook co-founders Oz and Naama Alon HoneyBook, a customer-relationship management platform aimed at small businesses in creative fields, announced today it has raised a $28 million Series C led by <\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[19],"tags":[25],"class_list":["post-14516","post","type-post","status-publish","format-standard","hentry","category-enterprise-software","tag-enterprise"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t