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.
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