Honcho Overview

  • Year Founded
  • 2014

Year Founded

  • Status
  • Out of Business

  • Employees
  • 8

Employees

  • Latest Deal Type
  • Liquidation

Honcho General Information

Description

Developer of insurance platform designed to offer van and car-related insurance. The company's platform allows users to search for, and buy insurance products and combines transparency with unique technology and a disruptive commercial model to help consumers easily get the cover that is right for them, enabling the consumers to quickly get the cover for their cars and vans that match their needs via low-cost distribution.

Contact Information

Website
www.gethoncho.com
Formerly Known As
Yuco
Ownership Status
Out of Business
Financing Status
Formerly VC-backed
Corporate Office
  • Sandgate House
  • 102 Quayside
  • Newcastle upon Tyne NE1 3DX
  • England, United Kingdom
Primary Industry
Other Insurance
Vertical(s)
InsurTech, FinTech, Mobile
Corporate Office
  • Sandgate House
  • 102 Quayside
  • Newcastle upon Tyne NE1 3DX
  • England, United Kingdom

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Honcho Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
12. Bankruptcy: Liquidation Completed Bankruptcy: Liquidation
11. Secondary Transaction - Private 01-Oct-2022 Completed Generating Revenue
10. Angel (individual) 08-Oct-2021 Completed Generating Revenue
9. Angel (individual) 30-Sep-2020 Completed Generating Revenue
8. Later Stage VC 08-Apr-2020 Completed Generating Revenue
7. Accelerator/Incubator 01-Jan-2020 Completed Generating Revenue
6. Early Stage VC 29-Aug-2019 Completed Generating Revenue
5. Accelerator/Incubator 31-Jul-2019 Completed Generating Revenue
4. Early Stage VC 28-Feb-2019 $260K $2.04M Completed Generating Revenue
3. Early Stage VC 26-Feb-2018 $1.16M $1.78M Completed Product Development
To view Honcho’s complete valuation and funding history, request access »

Honcho Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate (%) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
A Ordinary
Ordinary
Ordinary
A Ordinary
Ordinary
Ordinary
Ordinary
Ordinary 92,600 $0.000137 $1.85 $1.85 1x $1.85 1.61%
A Ordinary 55,560 $0.000137 $1.85 $1.85 1x $1.85 0.96%
To view Honcho’s complete cap table history, request access »

Honcho Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of insurance platform designed to offer van and car-related insurance. The company's platform allows users to
Other Insurance
Newcastle upon Tyne, United Kingdom
8 As of 2022

Shrewsbury, MA

Dublin, Ireland
 
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Honcho Competitors (7)

One of Honcho’s 7 competitors is Thomas E Sears Insurance, a Corporation company based in Shrewsbury, MA.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Thomas E Sears Insurance Corporation Shrewsbury, MA
Aig Ireland Corporation Dublin, Ireland
MetLife Česká republika Corporation Prague, Czech Republic
Insureon Private Equity-Backed Chicago, IL
Seopa Venture Capital-Backed Belfast, United Kingdom
You’re viewing 5 of 7 competitors. Get the full list »

Honcho Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

Majestic Referring Domains

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Honcho FAQs

  • When was Honcho founded?

    Honcho was founded in 2014.

  • Where is Honcho headquartered?

    Honcho is headquartered in Newcastle upon Tyne, United Kingdom.

  • What is the size of Honcho?

    Honcho has 8 total employees.

  • What industry is Honcho in?

    Honcho’s primary industry is Other Insurance.

  • Is Honcho a private or public company?

    Honcho is a Private company.

  • What is Honcho’s current revenue?

    The current revenue for Honcho is .

  • How much funding has Honcho raised over time?

    Honcho has raised $5.5M.

  • Who are Honcho’s competitors?

    Thomas E Sears Insurance, Aig Ireland, MetLife Česká republika, Insureon, and Seopa are some of the 7 competitors of Honcho.

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