The Honest Company Secures $25,000,000 New Funding Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=c2fb072f-cb52-434f-88b7-786aa591b5ff
Date
11/11/2013
Company Name
The Honest Company
Mailing Address
1550 17th Street Santa Monica, CA 90404
Company Description
A dad named Christopher and a mom named Jessica found themselves utterly frustrated trying to find the perfect products for their babies and homes. We both wanted an ideal: not only effective, but unquestionably safe, eco-friendly, beautiful, convenient, and affordable – everyone should have it.
Website
http://www.honest.com
Transaction Type
Venture Equity
Transaction Amount
$25,000,000
Transaction Round
Undisclosed
Proceeds Purposes
This new round of funding will provide essential resources for us to continuously expand our suite of products and bring them to households around the world.
M&A Terms
Venture Investor
Institutional Venture Partners
Venture Investor
Iconiq Capital
Venture Investor
Lightspeed Venture Partners
Venture Investor
General Catalyst Partners