_1583838022763.png?format=webp&height=120&width=120){kind=logo}
honestbee - About the company
honestbee is a series A company based in Singapore (Singapore), founded in 2015 by Joel Sng and Isaac Taylor. It operates as an Online company providing grocery and food delivery services. honestbee has raised $53M in funding from LS and FLK Holdings. The company has 56 active competitors, including 3 funded and 2 that have exited. Its top competitors include companies like RedMart, Glife and Hsin Tung Yang.
Company Details
Honestbee is an online company that provides grocery and food delivery services. It enables users to order food and groceries from local restaurants and supermarkets. Its mobile app is available on Android and iOS platforms.
- Website
- www.honestbee.com/
- Social
- Registered Address
- 117 UPPER EAST COAST ROAD #02-01 SINGAPORE 455243
Key Metrics
Founded Year
2015
Location
Singapore, Singapore
Stage
Series A
Total Funding
$53M in 3 rounds
Latest Funding Round
Ranked
1st among 56 active competitors
Employee Count
230 as on Aug 31, 2026
Legal entities associated with honestbee
honestbee is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
HONESTBEE INDIA PRIVATE LIMITED CIN: U72900KA2017FTC106359 , India, Strike off | Sep 13, 2017 | 0 - ₹10 Cr (As on Mar 31, 2018) | - | |
HONESTBEE PTE. LTD. UEN: 201217834C , Singapore, Active | Dec 31, 2014 | - | - |
Sign up to download honestbee's company profile
honestbee's funding and investors
honestbee has raised a total funding of $53M over 3 rounds. Its first funding round was on Oct 20, 2015. Its latest funding round was a Series A round on Jan 30, 2020 for $*****. 1 investor participated in its latest round. honestbee has 12 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of honestbee:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 30, 2020 | 4534314 | Series A | 7013870 | 8938298 | 3369366 | 1846462 |
Jul 2017 | 3170422 | Series A | 4903400 | 6661256 | 9701828 | 1542229 |
Oct 20, 2015 | 3833155 | Series A | 3338997 | 4961449 | 9621895 |
Access funding benchmarks and valuations. Sign up today!View details of honestbee's funding rounds and investors
honestbee's founders and board of directors
Founder? Claim ProfileThe founders of honestbee are Joel Sng and Isaac Taylor.
Here are the details of honestbee's key team members:
- Joel Sng: Co-Founder of honestbee and founder of 3 other companies, Ajourney, Honestbee and LifeOpp. They serve on the board of 1 company.
- Isaac Taylor: Co-Founder of honestbee and founder of 1 other company. They are also an angel investor in 2 startups.Contact Info: 1 email address
View details of honestbee's Founder profiles and Board Members
honestbee's employee count trend
honestbee has 230 employees as of Aug 26. Here is honestbee's employee count trend over the years:
Uncover honestbee's growth story! Sign up today!
Access Tracxn on any website
Install Tracxn ExtensionOur Google Chrome extension lets you view company details while browsing their websites
honestbee's Competitors and alternates
Top competitors of honestbee include RedMart, Glife and Hsin Tung Yang. Here is the list of Top 10 competitors of honestbee, ranked by Tracxn score:
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!
Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Online company providing grocery and food delivery services | $53M | 65/100 | ||
2nd | Online supermarket for groceries | $58.7M | 59/100 | ||
3rd | Food distributors | $15.9M | 44/100 | ||
4th |  Hsin Tung Yang 1972, Taipei (Taiwan), Public | Provider of multi-category grocery products | - | - | 34/100 |
5th | Online retailer of grocery items | - | - | 33/100 | |
6th | Online retailer of grocery products | - | - | 32/100 | |
7th | Online platform offering multi-category grocery supplies | $6M | 31/100 | ||
8th | Online retailer of grocery products | - | - | 29/100 | |
9th |  Farms2Home 2021, Singapore (Singapore), Unfunded | Online platform offering multi-category grocery supplies | - | - | 29/100 |
10th |  Ferrari Food + Wine 2001, Singapore (Singapore), Unfunded | Online retailer offering multi-category grocery products | - | - | 28/100 |
_1583838022763.png?devicePixelRatio=2&height=30&width=30){kind=logo}
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on honestbee's competitors? Click here to see the top ones
honestbee's Investments and acquisitions
honestbee has made no investments or acquisitions yet.
Reports related to honestbee
Here is the latest report on honestbee's sector:
News related to honestbee
Filter this list•
honestbee halts services in HK and Indonesia; layoffs to hit 10 per centThe Business Times•Jan 31, 2021•honestbee
•
•
•
Honestbee receives financial support from Brian Koo and associated fundsDeal Street Asia•Jan 31, 2020•honestbee, FLK Holdings
•
IT vendor for schools Learnaholic and startup honestbee among 5 firms fined S$94,000 by PDPCThe Business Times•Dec 07, 2019•honestbee
•
•
Distressed honestbee burned through US$6.3m monthly in H1 2019The Business Times•Sep 26, 2019•honestbee
•
honestbee gets 30-day debt stay extension; some creditors oppose bidThe Business Times•Aug 27, 2019•honestbee
•
•
Get curated news about company updates, funding rounds, M&A deals and others. Sign up today!Are you a Founder ?
FAQs about honestbee
Explore our recently published companies
- Genera - San Isidro based, Unfunded company
- Gladwin Area - United States based, Unfunded company
- Lindab Ireland - Ireland based, 1959 founded, Unfunded company
- Pinecrest Construction and - United States based, 1991 founded, Unfunded company
- Jaguar Asheville - Fletcher based, Unfunded company
- Jagat Singh & Sons - India based, 1978 founded, Unfunded company
