Doris Yu · · 1 min read

Hona used this pitch deck to raise its pre-seed round from Tim Draper’s fund

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ABOUT

Hona was set up in Singapore in September 2020 by George Siosi Samuels. It is a social accountability platform that leverages behavioral economics and blockchain technology.

With remote working growing due to Covid-19, many workers struggle with procrastination and online privacy. Hona aims to address these issues by helping them honor commitments and achieve goals.

In August, the company participated in Tim Draper’s pitching competition and secured its first investment from Draper University Ventures using this pitch deck.

Prior to Hona, Samuels launched his first company Faia, a community consultancy for ventures that specialize in blockchain technology.

Fundraising journey

  • 2020: An undisclosed amount of pre-seed round from Draper University Ventures.

How is the deck compelling?

  • The deck is neat, with a balance of visual and writing content.
  • It describes Hona’s business right on the cover slide.
  • The deck begins by stating the startup’s background and the problems that it wants to solve, as well as explaining how it’s going to address them.
  • It goes on to elaborate through pictures how Hona’s platform works and the advantages of using it over those of its competitors.
  • It provides details such as traction numbers, the company roadmap, and its business model.
  • It also shows Hona’s future plans and funding usage.

SOURCE

Deck: Hona

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It is a social accountability platform based on behavioral economics and blockchain.

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