Tech Company Financing Transactions
Hona Funding Round
Hona, based in Orem, secured $9.5 million from Costanoa Venture Capital, Ludlow Ventures and Soma Capital.
Transaction Overview
Company Name
Announced On
6/17/2024
Transaction Type
Venture Equity
Amount
$9,500,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to further enhance platform capabilities and expand its customer base.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
51 West Center Street 522
Orem, UT 84057
USA
Orem, UT 84057
USA
Phone
Undisclosed
Website
Email Address
Overview
Hona is a legal client portal that updates and educates your clients, automatically. 37% of an attorney's day is spent on communication (call it 3 hours), nearly half (48%) considered to be "redundant or unnecessary". 44% of negative Google reviews for law firms are due to communication issues. Which means you're wasting time and money.
Management Team
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