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Why HoneyBook’s $140M in ARR may finally justify its $2.4B ZIRP-era valuation
HoneyBook, a startup last valued in late 2021 at $2.4 billion, told TechCrunch that it hit $140 million annualized recurring revenue (ARR). This makes
HoneyBook, a startup last valued in late 2021 at $2.4 billion, told TechCrunch that it hit $140 million annualized recurring revenue (ARR). HoneBook’s AI is embedded into its current offering that includes a CRM, handles billing, payments, and gives eligible users access to the funds for business growth. The hope is that the new functionality will help HoneyBook’s existing users grow their own businesses, and as a result, the startup will make more money from the larger volume of transactions it processes.
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