Honeycomb Insurance

Company Overview

Snapshot

Founded in January 2019 by Itai Ben-Zaken and Nimrod Sadot, Honeycomb Insurance operates with 51–200 employees. The company has raised $94.7 million across 4 funding rounds from 11 investors. In May 2024, Honeycomb Insurance secured a B Round of funding, with Oren Zeev and Arkin Tech participating.

Business overview

Honeycomb Insurance provides a streamlined online real estate insurance-buying experience, leveraging technology and expert advice to serve homeowner association board members, property managers, building owners, and developers. The company's core offering helps these clients find optimal coverage at competitive prices. Operating within the Fintech & Insurtech sector, Honeycomb specializes in Insurtech solutions for the financial and real estate markets, specifically targeting tenants and landlords.

Strategic signal

This development signals continued investor confidence and support for the company's growth trajectory, particularly as it expands its AI-driven underwriting platform and aims for significant Gross Written Premium (GWP) growth, exiting 2025 with $275 million.

Company Intelligence Q&A

When was Honeycomb Insurance founded?

Honeycomb Insurance was founded in January 2019 by Itai Ben-Zaken and Nimrod Sadot.

What was a significant funding event for Honeycomb Insurance in 2024?

In May 2024, Honeycomb Insurance secured a B Round of funding, with Oren Zeev and Arkin Tech participating.

What is the total capital raised by Honeycomb Insurance?

Honeycomb Insurance has raised a total of $94.7 million across 4 funding rounds.