HoneyBook, last valued in late 2021 at $2.4 billion, hit $140 million in annualized recurring revenue (ARR).

Portfolio CompaniesLIP Fund I
Written By Federico de Mateo

This makes HoneyBook one of the few startups with peak-VC-era valuations to report their financials after the market cooled. 

Many startups that raised in 2021 and have not raised since then remain under pressure to generate the revenue needed to validate their previously inflated valuations, and many may not survive much longer.

But HoneyBook is doing so well, it sees no reason to still keep its revenue metrics secret.

Given that HoneyBook is still valued at $2.4 billion, the latest ARR figure implies a valuation multiple of about 17 times ARR.

Federico de Mateo
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