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October 27, 2020

Honor raises $140M to fuel national expansion

Honor is gearing up for a major expansion. The company announced it has raised $140 million in Series D funding, led by Baillie Gifford, plus funds and accounts advised by T. Rowe Price Associates Inc. Originally founded as an on-demand home care company, Honor has since pivoted its business strategy to one based on partnerships with independently owned and operated home care agencies. Honor has also teamed up with other aging services entities, including senior living communities.

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