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The Honest Company Secures $27 Million in Funding

Looking to accelerate growth of eco-focused firm.

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By: TOM BRANNA

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The Honest Company, a new firm selling natural household and personal care products, has announced the completion of its $27 million Series A financing, led by General Catalyst, Lightspeed Venture Partners and Institutional Venture Partners (IVP).

The funding will allow the company to accelerate growth and deeper development of their safer and eco-friendly products, as well as to further establish its brand as “the most effective, affordable and authentic choice for today’s families,” the firm said in a press statement.



Selling wares online, The Honest Company offers monthly subscriptions of baby and family products, such as diapers, wipes and bath/skin care delivered to members’ homes.


“The overwhelmingly positive response we have received since our recent launch has shown us we need to continue dedicating time and resources to further develop our Honest brand and community,” said president of The Honest Company, Jessica Alba.”The new funding confirms our positioning and acknowledges the big need for a brand and service to deliver pure, healthy products that are delightful, effective and beautiful.”


“We are truly encouraged by the depth of knowledge the Honest team embodies for creating a brand that truly resonates with consumers everywhere.This funding will help drive brand innovation and ground-breaking research to ensure the best non-toxic products for babies and families,” said Neil Sequeira, managing director of General Catalyst.


Learn more about the Honest Company in the featured video (“Cleaning Up With Baby In Mind”)on HAPPI.com’s home page.

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