Honcho
Company

Last deal

$4M

Amount

Series A

Stage

02.09.2020

Date

8

all rounds

$5.9M

Total amount

General

About Company
Honcho is an AI-powered software company that improves written communications to enhance company cultures.

Industry

Sector :

Subsector :

Also Known As

Fairwords, Whistler

founded date

01.05.2014

Operating Status

Closed

Number of employees

Company Type

For Profit

Last funding type

Series A

IPO status

Private

Description

Honcho's unique communications protection software assists compliance and HR professionals in fostering exceptional communication practices within their organizations. By coaching and training employees in real-time, Honcho reduces the risk of non-compliant messages. The software detects potentially problematic content, allows for archiving of official communication channels, and supports supervisory review. Investing in Honcho's solution demonstrates a commitment to an ethical and compliant workplace, avoiding costly litigation, regulatory fines, negative press, and a demoralized culture. Fairwords, the company's mission, is to promote fairness in business by encouraging ethical and compliant communications. Their compliance solutions offer proactive training, analytics, and archiving to mitigate communication risks, prevent compliance crises, and lawsuits. Upholding cultures of compliance aligns with Fairwords' belief that integrity and profit go hand in hand, leading to the greatest success.
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