About Hone Capital
Hone Capital is a venture capital firm founded in 2015. It is primarily based out of Palo Alto, United States. As of Jun 2019, Hone Capital has invested in 110 companies. It primarily invests in Seed round in United States based startups. Its investments are spread across a wide range of sectors from Enterprise Applications to High Tech and Consumer. Most recently it participated in the $***** Series B round of Troops Overall, Hone Capital portfolio has seen 14 unicorns, 6 IPOs and 37 acquisitions including key companies like Wise, Flexport and Guardant Health. A lot of funds co-invest with Hone Capital, with names like Bain Capital Ventures sharing a substantial percentage of its portfolio. Hone Capital has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Sectors
Portfolio Locations
Rounds of Entry
Seed, Series A & 1 more
Portfolio IPOs
Portfolio Unicorns
Hone Capital's List of Top Investments
Hone Capital has a portfolio of 110 companies, including 14 unicorns. Their most notable investmentis in WigWagTheir portfolio spans across United States, Mexico, United Kingdom and 2 more locations. They have invested in Enterprise Applications, High Tech, Consumer and 27 other sectors, across stages such as Seed, Series A and 1 more. Here is the list of top investments by Hone Capital:1. Wise
Provider of international money transfer and multi-currency. It offers secure, transparent, and cost-efficient cross-border payment solutions. It provides personal accounts, business accounts, multi-currency cards, and platform APIs that enable individuals, companies, and financial institutions to send, receive, hold, and convert money globally.
Key facts about Wise
- Founded Year: 2011
- Location: Shoreditch (United Kingdom)
- Annual Revenue: €500M - €1B as on Mar 31, 2022
- Stage: Public
- Total Funding till date: $1.03B
- Employee Count: 10,710 as on May 31, 2026
- Investors: Glynn Capital, Fidelity Investments and 120 Others
- Latest Funding Round: Venture Debt, May 19, 2021, $*****
- Highlight: Public
2. Gusto
Cloud-based payroll, benefits, and HR software for small and medium-sized businesses. Its core offering is software delivered online, with API integrations and automation features designed to help SMBs manage back-office operations more efficiently.
Key facts about Gusto
- Founded Year: 2012
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $718M
- Employee Count: 4,426 as on May 31, 2026
- Investors: Western Technology Investment, Glynn Capital and 84 Others
- Latest Funding Round: Series E, May 13, 2022, $*****
- Highlight: Editors' Pick
3. Flexport
Provider of end-to-end supply chain logistics platform. It offers ocean and air freight, trucking, and fulfillment services. The platform provides real-time shipment tracking and management tools, including customs brokerage and trade finance options. It also includes features for order management, buyer consolidation, and carbon control. The platform integrates with various e-commerce and retail partners, facilitating seamless omnichannel selling. The company aims to streamline the entire supply chain process from origin to customer delivery.
Key facts about Flexport
- Founded Year: 2013
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $2.5B
- Employee Count: 2,867 as on May 31, 2026
- Investors: Syren Capital Advisors, Star Tech NG and 118 Others
- Latest Funding Round: Series E, Jan 19, 2024, $*****
- Highlight: Editors' Pick
4. Tala
Provider of a platform offering credit and digital financial services. Its personalized credit platform harnesses machine learning models trained on billions of proprietary data points from over a decade of customer relationships to underwrite millions of customers who have never interacted with the formal banking system. It is the first and only platform to combine the intelligence of a credit bureau, the payments execution of a fintech and the relationship expertise of a bank into one integrated solution. It has built a plug-and-play banking solution that has the potential to serve any person in any country.
Key facts about Tala
- Founded Year: 2011
- Location: Santa Monica (United States)
- Valuation: $*****
- Stage: Series E
- Total Funding till date: $346M
- Employee Count: 907 as on Mar 31, 2026
- Investors: Western Technology Investment, Founders Circle Capital and 52 Others
- Latest Funding Round: Conventional Debt, Mar 20, 2025, $*****
- Highlight: Editors' Pick
5. Airtable
Cloud and AI based low code workflow and app development platform. It offers a spreadsheet database hybrid model that allows users to develop applications using no code AI components. It enables users to collaborate and share data, monitor comments and changes on the database sheet. It offers tools to customize templates, generate product specifications, categorize user feedback, automate workflows, visualize reports, and more. It is a tool available on the subscription based pricing model.
Key facts about Airtable
- Founded Year: 2013
- Location: San Francisco (United States)
- Valuation: $*****
- Stage: Series F
- Total Funding till date: $1.35B
- Employee Count: 936 as on May 31, 2026
- Investors: TrueBridge, equitywestsecurities.com and 57 Others
- Latest Funding Round: Series F, Dec 13, 2021, $*****
- Highlight: Editors' Pick
Hone Capital's Year-on-Year Investment Trends
Hone Capital has invested in 110 companies over the last 11 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in Troops and most recent follow-on round was in Blendid.Hone Capital's Investments by Stage
Hone Capital has made 2 investments in Seed stage with an average round size of $2.14M, 1 investment in Series A stage with an average round size of $7M and 1 investment in Series B stage with an average round size of $12M.Stage of entry | No. of Investments |
|---|---|
Seed | 2 |
Series A | 1 |
Series B | 1 |
Note: We have considered here, only first round of investments
Hone Capital's Investments by Sector
Hone Capital has a diverse portfolio, with companies operating in the Consumer, Enterprise Applications, Real Estate and Construction Tech, Energy Tech and Environment Tech. Notably, it has invested in 107 Tech companies, 82 Enterprise (B2B) companies, 73 Software companies and at least 42 companies focusing on Consumer (B2C).Sector | No. of Investments |
|---|---|
Consumer | 2 |
Enterprise Applications | 2 |
Real Estate and Construction Tech | 2 |
Energy Tech | 1 |
Environment Tech | 1 |
Others | 5 |
Note: We have considered here, only first round of investments
Hone Capital's Investments by Geography
Hone Capital has made most investments in United States (4).Hone Capital's recent investments
Hone Capital has not made any investment in 2026 so far.Here are the most recent investments by Hone Capital:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jun 05, 2019 | United States | Series B | 1822 | [+6] | |
Apr 28, 2017 | United States | Seed | 3312 | [+2] | |
Feb 12, 2016 | United States | Seed | 9303 | - | |
Dec 29, 2015 | United States | Series A | 4003 | ||
- | United States | Series A | 2174 |
Unicorns in Hone Capital's Portfolio
Hone Capital has 14 unicorns in its portfolio - Juniper Square, Roofstock, Clara and others. The most recent unicorn in their portfolio is Juniper Square. It became a unicorn in 2025, 1 years before Hone Capital first invested in it.Here is a list of unicorns in Hone Capital's portfolio:
Tracxn Score | Company | Short Description | Founded year | Sector | Location | Company Stage | First Investment/ Acquisition Details |
|---|---|---|---|---|---|---|---|
72 | Platform for real estate investment management | 2014 | San Francisco | Series D | rcaqnqf | ||
60 | Online platform for real estate investments | 2015 | Oakland | Series E | eoumkzr | ||
70 | An end-to-end corporate payment solution for companies | 2014 | Cuauhtemoc | Series B | bppafra | ||
73 | Digital platform that connects senior members with caregivers | 2017 | Miami | Series D | nwpplbi | ||
71 | Provider of an agent workforce platform for enterprise artificial intelligence | 2012 | Boston | Series G | gjhible |
IPOs and Publicly Listed companies in Hone Capital's Portfolio
6 of Hone Capital's portfolio companies have become public. BioAge Labs got listed on the National Association of Securities Dealers Automated Quotations (NASDAQ), in Sep 2024 at marketcap of $615M and Weave got listed on the New York Stock Exchange (NYSE) at marketcap of $1.51B.Here are Hone Capital's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Sep 26, 2024 | - | - | 6247 | |
Nov 11, 2021 | - | - | 8698 | |
Jul 09, 2021 | - | - | 2254 | |
May 14, 2021 | - | - | 3324 | |
Oct 04, 2018 | - | - | 5111 |
Acquired companies in Hone Capital's Portfolio
37 companies from Hone Capital's portfolio have been acquired. The most recent acquisition was Scope AR in Jul 2026 by Flatirons for $*****.Here are Hone Capital's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Jul 01, 2026 | - | - | 8749 | |
May 13, 2026 | - | - | 8659 | |
Jan 08, 2026 | - | - | 1268 | |
Aug 27, 2025 | - | - | 7505 | |
Jul 01, 2025 | - | - | 1239 |
Team profile of Hone Capital
Hone Capital has a team of 2 members located in United States. Hone Capital's team does not sit on the board of any company as of now.Co-investors of Hone Capital
Over the past 11 years, 41 investors have co-invested in Hone Capital's portfolio companies. This includes funds and angels.
- Invested before Hone Capital: Khosla Ventures, QED Investors and 13 others have invested in rounds before Hone Capital. There is 1 company where Khosla Ventures has invested before Hone Capital and 1 company where QED Investors has invested before Hone Capital.
- Top Co-investors of Hone Capital: 5 investors entered a company along with Hone Capital. These include investors like Bain Capital Ventures (1 company).
- Invested after Hone Capital: A total of 21 investors have invested in Hone Capital's portfolio after their investments. Top Investors include German Ventures (1 company), SoftBank Vision Fund (1 company) and Lightspeed Venture Partners (1 company).
Recent News related to Hone Capital
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Chinese embodied AI startup Tars lands $122m fundingTech in Asia•Jul 08, 2025•Junshan, Hone Capital, CIVC Partners, SAIF Partners and 3 others
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United States FBI Investigates Silicon Valley Venture Capital Firm Hone Capital for Sharing United States Technology Secrets to China Counterparts, Hone Capital Parent is China-Headquartered CSC Group, Hone Capital Invested in More than 360 United States StartupsCaproasia•Sep 27, 2024•Federal Bureau of Investigation, Hone Capital
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Hone Capital, a Silicon Valley firm, is being probed by the FBITechCrunch+•Sep 25, 2024•Hone Capital
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CodeCombat Raises Series A and Announces Ozaria - An Immersive New Game to Teach Computer ScienceBusiness Wire•Aug 28, 2019•CodeCombat, NetEase, Tedu, Hone Capital and 4 others
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CodeCombat snags $6 mln Series APE Hub•Aug 28, 2019•CodeCombat, Hone Capital, Andreessen Horowitz, OceanOne Capital and 2 others
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Hone Investments Sells Walgreens-Occupied Property in Central Oregon for $5.7 MillionShopping Center Business•Jul 12, 2019•Hone Capital, West Plaza
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AiFi emerges from stealth with its own take on cashier-free retail, similar to Amazon GoTechCrunch+•Feb 27, 2018•AiFi, StartX, Plug and Play Tech Center, Greylock Partners and 5 others
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