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Overview
Honor Technology Inc. runs the largest home care network, supporting older adults by combining local in-home care with centralized operations and a proprietary technology platform. Its services are delivered through independently owned Home Instead franchise businesses and the Honor Care Platform, which streamlines scheduling, workflows, and care quality across the network. The platform enables care teams to coordinate more efficiently, track outcomes, and maintain high standards while expanding to more households. What sets Honor apart is its blend of human touch and technology, using a centralized system to scale personalized in-home care across many locations while maintaining consistent quality. The company’s goal is to improve the aging experience by making high-quality, reliable home care available at scale for families and Care Professionals.
About Honor
Industries
Enterprise Software
Healthcare
Company Size
1,001-5,000
Company Stage
Series E
Total Funding
$622M
Headquarters
San Francisco, California
Founded
2014
Simplify's Take
What believers are saying
- Ian Clarkson appointed President, accelerating scaling with operations expertise.
- Tamar Rosati elevated to CPO, driving product enhancements amid rapid growth.
- Series E raised $70M plus $300M debt in 2021 for engineering team tripling.
What critics are saying
- Caregiver shortages cause 30% vacancy rates, forcing service delays and churn.
- Amedisys' UnitedHealth acquisition consolidates 15% market share by March 2025.
- CMS cuts non-medical reimbursements 12-15% effective January 2026, eroding margins.
What makes Honor unique
- Honor integrates Home Instead's franchise network with proprietary Care Platform technology.
- Centralized operations enable scalable high-quality care for 100,000 older adults monthly.
- Acquired Home Instead in 2021, creating world's largest senior care network.
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Funding
Total Funding
$622M
Above
Industry Average
Funded Over
6 Rounds
Andreessen HorowitzIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Life Insurance
Disability Insurance
401(k) Retirement Plan
401(k) Company Match
Paid Vacation
Mental Health Support
Wellness Program
Remote Work Options
Flexible Work Hours
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 1%2 year growth
↑ 1%Collaboration kicks off with a NYC event focused on how caregivers help older adults age well at home by assisting with meal prep and nutrition.SAN MATEO, Calif., April 16, 2025 /PRNewswire/ -- Home Instead, Inc., an Honor company, the world's leading provider of in-home care for older adults, has teamed up with renowned nutrition expert and TV personality, Joy Bauer, to spotlight the powerful connection between nutritious food, longevity, and meaningful aging in helping older adults age at home
SAN FRANCISCO, Jan. 8, 2025 /PRNewswire/ -- Honor Technology, the innovative parent company powering home care through its advanced technology platform, along with its global in-home care subsidiary, Home Instead, proudly announce a successful year marked by several prestigious national awards and recognitions. These accolades reflect Honor's unwavering commitment to reshaping the future of aging care.Built In's 2025 Best Places to Work Awards: To kick off the new year, Honor was recognized by Built In in its 2025 Best Places to Work Awards. Specifically, Honor earned a national place on the 100 Best Remote Midsize Places to Work in 2025 list, as well as local list recognitions for San Francisco, CA and Austin, TX. Built In's annual awards program includes companies of all sizes and recognizes both remote-first employers and companies in large tech markets across the U.S.Inc. 5000: In 2024, Honor was recognized for the first time on the Inc
Chinese smartphone maker Honor announced it received an undisclosed investment from China Mobile’s parent company as it prepares for an IPO. Honor has been receiving significant support from Shenzhen’s government, including R&D funding and tax breaks. The investment aims to leverage synergies in innovation across personal and home device markets. Honor emphasized its commitment to open and transparent development and plans to diversify its shareholding structure.
Chinese smartphone maker Honor is receiving significant support from local government backers, including R&D funding, tax breaks, and overseas expansion aid, as it prepares for an IPO. Honor, valued at around ¥100 billion ($13.8 billion) when bought from Huawei in 2020, aims to list on China’s A-share market, potentially this year or early next. The company plans to ship 100 million handsets annually by 2026 and become a top three global vendor by 2028. Honor denies receiving special support since Jan. 1, 2021.
SAN FRANCISCO--(BUSINESS WIRE)--Honor Technology, Inc., the world's largest home care network for older adults with the most-advanced care platform technology, today announced the appointment of Ian Clarkson to president. Clarkson brings deep experiences across all major functional areas including technology, operations, finance, and services. “Bringing Ian will supercharge our ability to scale to the massive societal need to provide high-quality care to older adults,” said Seth Sternberg, CEO of Honor. “His energy, focus and extensive background working in technology and operations will make him a great leader and a huge asset to our organization as we continue on our mission to expand the world’s capacity to care.”
Honor is Hiring for 7 Jobs on Simplify!
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About Honor
Industries
Enterprise Software
Healthcare
Company Size
1,001-5,000
Company Stage
Series E
Total Funding
$622M
Headquarters
San Francisco, California
Founded
2014
Honor is Hiring for 7 Jobs on Simplify!
Find jobs on Simplify and start your career today