Prosus Ventures has returned to back an equity and debt round for the homecare management platform developer secured at a $1.25bn valuation.

US-based care management software provider Honor Technology closed a $370m series E round on Tuesday that included Prosus Ventures, a corporate venturing vehicle for internet group Prosus.

Investment manager Baillie Gifford led the $70m equity portion of the round, which included Andreessen Horowitz, FMZ Ventures, Lighthouse Capital Markets, Rock Springs Capital, Thrive Capital, TriplePoint Capital, funds and accounts advised by T Rowe Price, and private investors Paul and Lori Hogan.

The $300m debt portion was led by Perceptive Advisors and…

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Edison Fu

Edison Fu is a reporter and Asia liaison at Global Corporate Venturing.
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