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Honor Technology: Who are the new owners of Home Instead?

Honor Home Instead

Earlier this month, Honor Technology announced the acquisition of Home Instead in a move to revolutionise the care experience for older adults across the world.

The company said its technology and operations platform, paired with Home Instead’s global network, training and relationship-based care, will serve as a foundation for a “dramatic increase in innovation” to benefit caregivers and clients. Together, the partners represent more than $2.1 billion in home care services revenue.

So who are the people behind Honor Technology and what do they do? HCI provides an introduction to the new owners of Home Instead.

Company background
Founded in 2014, Honor is now one of the fastest-growing, non-medical home care companies in the US, currently providing care to families across the country.

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Honor is based in San Francisco and is backed by $255 million in venture capital funding.

The founders
Honor Technology was founded by Cameron Ring, Monica Lo, Sandy Jen, and Seth Sternberg, the company’s CEO.

Prior to establishing Honor, Sternberg was a product management director for the Google+ Platform. There, he helped launched the Google+ Sign-in.

The mission
Since establishing Honor, the founders have been working to re-invent home care for their own parents, and for all older adults. The team is on a mission to enable people to live independently in their own homes for as long as possible.

Care Network
Through its Care Network, Honor supports locally-owned agencies so they can help more families get the care they need.

Its partners stay independent and in control of their brand and client relationships, while Honor shares its large pool of caregivers; manages recruiting, scheduling and payroll; and takes over other back office hassles so agencies can provide better care to more clients.

Technology
Honor’s care coordination technology makes it easier for clients to schedule care and stay informed, while its workforce management technology helps carers arrive on time, be more prepared and better able people to do their job.

Working with families and carers
Honor also works with families to find care in their local area and offers training tools for professional carers.

Tags : Home InsteadHonor Technology
Sarah Clarke

The author Sarah Clarke