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Announced

Completed

3L Capital led a $30m Series B round in Hone.

Financials

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Transaction Value£25m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Sources

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Friendly

Minority

Private Equity

Venture Capital

Single Bidder

Cross Border

Completed

Online and Social Platforms

Private

training platform

United States

Acquisition

Synopsis

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3L Capital, a private equity firm, led a $30m Series B round in Hone, a people skills training platform, with participation from Invus Opportunities, F-Prime Capital, Cowboy Ventures, NextGen Venture Partners, Slack Fund, Semper Virens, and Sift Ventures. "We are thrilled to partner with new and existing investors to further pursue our mission of reimagining corporate training for the modern workplace. With 41% of workers who resign indicating they did so because of lack of growth and development opportunities, investing in learning signals that the company is committed to their people's success and development, while helping the organization deliver on its goals," Tom Griffiths, Hone CEO, and Co-Founder.

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