Honeycomb Credit raised $6 million in Seed+ funding co-led by SustainVC, Muditā Venture Partners, and the American Family Insurance Institute for Corporate and Social Impact.
Jun 18, 2024•over 1 year ago
Amount Raised
$6 Million
Round Type
seed
Investors
American Family Insurance Institute For Corporate And Social ImpactMuditā Venture PartnersSustain Vc
Description
Honeycomb Credit, a bank replacement platform that provides loans to smaller businesses, has raised $6 million in Seed+ funding to boost their mobile experience for in-store investing and expand their reach to support even more small businesses nationwide.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers