Why can the BAL book a $ 140 million Arrator finally justifies the ruler-era evaluation of the $ 2.4b

Honeybook, the last time started in late 2021, $ 2.4 billion worth $ 2.4 billion, techcrunch, annual recurrent revenue (ARR) with $ 140 million.

This is one of the few beginnings with peak-VC-VC-period estimates to express their finances after the market’s book is cooled.

Many beginners removed in 2021 and have not been lifted from that time remain under pressure to obtain the income needed to confirm previously inflated estimates, And many can not live longer.

However, Honeybook is doing well, it also sees no reason to keep the secrets of revenue, no reason to keep the honey book and co-founder Oz Alon.

Honeybook offers a work management program for entrepreneurs based on independent service such as photographers, event planners and interior designers. Last lift was a $ 155 million series Three and a half years before Tiger Global management.

Given that Honey’s book is still worth $ 2.4 billion, the latest AR figure provides for more than 17 times.

In the absence of harsh and fast rules evaluating private companies, investors say that the late AI period program companies are generally different from their public market market. The Meritech Saas index shows that companies grow 25% or more per year They are now taking their ARR 13 times in a media.

So can he substantiate the one slightly higher than a bit high for the book of points? One word: AI. This week, the company has introduced a new AI function that helps users decide to evaluate services and serve their customers better.

The company is unparalleled to help entrepreneurs decide to work with the EU, because similar small business owners have information about how they value their services and cultivate customer lists.

Honeybook is included in the presentation that allows you to receive a CRM, shipping, payments, payments and access to the appropriate users for the increase in business growth.

The Norwegian high-level management partner and a score book investor believes that the company can charge a Turbo with the company’s AI.

“Like photographers, like photographers, lack of time or business power,”, thinking about how to grow crowe’s work

Hope, new functionality, the existing users of the book will help train their businesses, and as a result, the beginning will earn more money than the larger the volume of these processes.