Company News, Financial News

The Honest Co. Closes Financing Round

Round of $70 million is firm's second since 2012 launch.

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By: Christine Esposito

Editor-in-Chief

The Honest Company, Inc. has closed a $70 million financing round. Funds affiliated with Wellington Management Company LLP led the round and were joined by Dragoneer Investment Group and one other leading public market institutional investor. Existing investors Lightspeed Venture Partners, Institutional Venture Partners, General Catalyst Partners and ICONIQ Capital also participated.   The new round of financing adds to the $52 million raised since the company’s launch in 2012.   “The Honest Com...

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