October 05 - 17:10
Honor becomes the latest healthtech unicorn after raising $370m
Honor, the senior care startup, has raised $370m in new financing. The cash, which pushes its valuation beyond the $1bn mark, came from two sources: $300m from debt financing and $70m from a Series E investment round. Honor's care network and technology platform serves more than 100,000 older adults following its acquisition of Home Instead in August. Baillie Gifford led the equity financing.
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