Honor’s Co-Founder and CEO Recognized by Goldman Sachs for Entrepreneurship

Rhea-AI Summary

Goldman Sachs recognizes Seth Sternberg, CEO of Honor, as one of the Most Exceptional Entrepreneurs of 2023. Sternberg has grown Honor and its home care brand, Home Instead, to support over 100,000 Care Professionals and clients worldwide. Honor aims to expand the world's capacity to care using its AI-enabled Honor Care Platform.

Positive

• Goldman Sachs recognizes Seth Sternberg as one of the Most Exceptional Entrepreneurs of 2023. Honor has grown to support over 100,000 Care Professionals and clients worldwide. Honor's AI-enabled Honor Care Platform aims to expand the world's capacity to care.

Negative

• None.

Seth Sternberg, Co-Founder and CEO of Honor, Among the Most Exceptional Entrepreneurs at 2023 Builders and Innovators Summit

SAN FRANCISCO--(BUSINESS WIRE)-- Goldman Sachs (NYSE:GS) recently recognized Honor’s CEO and co-founder, Seth Sternberg, as one of the Most Exceptional Entrepreneurs of 2023 at its Builders and Innovators Summit in Healdsburg, California. Goldman Sachs selected Sternberg from leaders across multiple industries to be honored at the two-day event.

Under Sternberg’s leadership, Honor is on a mission to expand the world’s capacity to care. The company uses its AI-enabled Honor Care Platform to deliver quality care to older adults at scale and meet the demand of 93% of U.S. adults age 55 and older who agree that aging in place is an important goal for them. Sternberg has grown Honor, and its home care brand, Home Instead, since its founding in 2014 to support more than 100,000 Care Professionals and 100,000 clients around the world.

“I am honored to be recognized by Goldman Sachs for entrepreneurship alongside other visionary leaders,” said Seth Sternberg. “One of society’s biggest challenges and also biggest opportunities is caring for aging loved ones on their terms, and our dedicated team is tackling this issue head on by creating and evolving our technology to professionalize the caregiving work experience, strengthen relationships between Care Pros and older adults and streamline and scale care operations. I am grateful for the opportunity to lead this team as we remain committed to revolutionizing and scaling how we care for older adults.”

Sternberg is a veteran entrepreneur. Prior to Honor, he was the co-founder and CEO of Meebo, which brought instant messaging to the web and reached close to half the internet population in the U.S. Meebo was acquired by Google, where Seth became a Product Director working on the Google Identity Platform, and then within GoogleX.

“We’re delighted to recognize Seth Sternberg as one of the most exceptional entrepreneurs of 2023,” said David Solomon, Chairman and CEO of Goldman Sachs. “Like everyone in this year’s class, Seth has been a visionary in their field, pushing forward innovation and redefining markets. We are excited to harness Goldman’s convening power to bring together these dynamic leaders and hear their insights.”

This recognition comes on the heels of Sternberg being named an EY Entrepreneur Of The Year® 2023 Bay Area Award Winner. Honor also won Best In-Home Healthcare Platform in the 2023 MedTech Breakthrough Awards program, and Home Instead, an Honor company, was named one of Entrepreneur Magazine's Top Global Franchises for 2023 and was named a best buy in franchising by Franchise Times as part of its annual Zor Awards program.

To learn more about Honor and its award-winning technology platform and leadership team, visit https://www.honorcare.com/.

About Honor and Home Instead

Honor Technology, Inc. and Home Instead, Inc. are changing the way we care for aging adults and their families. Founded in 2014, Honor is the first company ever to bring technology solutions, operational support, and a large pool of caregivers to home care agencies across the U.S. Since 1994, Home Instead has been the world's leading provider of home care services for older adults, operating in the United States and 12 other countries. The combined company will support the work of more than 100,000 professional caregivers and meet the expanding needs of millions of older adults and their families around the world. For more information, visit HonorCare.com and HomeInstead.com.

About Goldman Sachs

Goldman Sachs is a leading global financial institution that delivers a broad range of financial services to a large and diversified client base that includes corporations, financial institutions, governments and individuals. Founded in 1869, the firm is headquartered in New York and maintains offices in all major financial centers around the world.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231024680307/en/

Maggie Crouch

Walker Sands, for Honor

honor-pr@walkersands.com

Source: Honor Technology, Inc.

FAQ

Who did Goldman Sachs recognize as one of the Most Exceptional Entrepreneurs of 2023?

Goldman Sachs recognized Seth Sternberg, CEO of Honor.

What is Honor's mission?

Honor aims to expand the world's capacity to care.

How many Care Professionals and clients does Honor support?

Honor supports over 100,000 Care Professionals and clients worldwide.

What is the Honor Care Platform?

The Honor Care Platform is an AI-enabled platform used to deliver quality care to older adults at scale.