Baillie Gifford and Perceptive Advisors led a $370m Series E funding round in Honor.

Baillie Gifford, an investment management firm, and Perceptive Advisors, a private equity investment firm, led a $370m Series E funding round in Honor, a senior care network. Other investors include T. Rowe Price Associates, Prosus Ventures, Andreessen Horowitz, Thrive Capital and Ares Management. “This helps us with the opportunities around the acquisition of Home Instead. Honor’s technology and operations platform will be offered and diffused throughout the full Home Instead network. This will create new capabilities for the entire Home Instead network and increase more capacity to provide care. This also drives new product development — new R&D," Seth Sternberg, Honor CEO and Co-Founder.