Honeycomb Insurance

Real estate insurance reinvented. Better coverage in a fraction of the time at a fraction of the cost.

General Information
Company Name
Honeycomb Insurance
Founded Year
2019
Location (Offices)
Chicago, United States +2
Founders / Decision Makers
Number of Employees
122
Industries
Insurance, Insurtech
Funding Stage
Series B
Social Media

Honeycomb Insurance - Company Profile

Honeycomb Insurance is a disruptive force in the real estate insurance industry. Founded in 2019 in the United States, the company leverages Artificial Intelligence and computer vision to offer customized insurance policies for apartment buildings, condominium associations, and single-family rental dwellings. With a digitally-native platform, Honeycomb makes the insurance purchasing process easy and transparent for property owners, managers, associations directors, and retail agents. The company's slogan "Real estate insurance reinvented. Better coverage in a fraction of the time at a fraction of the cost" encapsulates its mission. Recently, Honeycomb secured a significant $15.40M Series A investment on 19 January 2022 from a consortium of investors including Ibex Investors, IT-Farm, NFP Ventures, SiriusPoint, Sure Ventures, and Phoenix Insurance. Honeycomb's focus on leveraging technology to revolutionize the insurance sector positions it as a promising player in the insurance and insurtech industries.

Taxonomy: Computer Vision, Condominium Associations, Single-family Rental Dwellings, Digitally-native Platform, Disruption, Simplicity, Master Policy, Online Purchasing, Cost-efficient, Innovation

Funding Rounds & Investors of Honeycomb Insurance (3)

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Funding Stage Amount No. Investors Investors Date
Series B $36.00M 6 07 May 2024
Series A $15.40M 4 19 Jan 2022
Seed Round $3.30M 4 Phoenix Financial 22 Jun 2021

Latest News of Honeycomb Insurance

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No recent news or press coverage available for Honeycomb Insurance.

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