TLDR:
- Costanoa Ventures invested in Hona, an application that helps law firms communicate better with their clients.
- Hona’s founders experienced poor legal communication firsthand and sought to improve the process.
Costanoa Ventures, based in California, recently announced their investment in Hona, a Utah-based application aimed at enhancing communication between law firms and their clients. The decision to invest in Hona was driven by the founders’ personal experience with the frustrations of poor legal communication, as well as the significant impact on client satisfaction and firm efficiency.
The number one reason for attorney bar complaints in the United States is lack of communication, a statistic that resonated with Costanoa Ventures during their due diligence process. Hona’s co-founder and CEO, Manny Griffiths, was inspired to create the application after his wife was involved in a car crash and they experienced firsthand the challenges of navigating the legal process.
Efficient communication is crucial for law firms to manage client expectations and progress cases effectively. Hona’s innovative solution has already streamlined communication for over 240,000 legal matters in just under two years, showcasing the impact of their platform.
The founding team’s unique blend of skills and deep understanding of the legal landscape impressed Costanoa Ventures, making them an ideal partner for Hona’s journey to revolutionize communication in the legal sector. With their dedication to continuous learning and commitment to making a difference, Hona is poised for continued success with the support of Costanoa Ventures.
