Honeycomb Insurance

Overview
News
InsurTech: Personal Lines?
InsurTech: Commercial Lines?
Product stageSegments
Go-to-Market
?
Homeowners & Renters
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Honeycomb provides a platform that offers insurance for landlords, homeowners, and condominium owners associations. The company replaces physical inspections with alternative approaches such as satellite imagery, computer vision, artificial intelligence, and machine learning.

As of April 2024, the company operated in 16 states including Illinois, Arizona, Michigan, Wisconsin, Ohio, Pennsylvania, Connecticut, and Virginia. 

Funding and financials

In May 2024, the company raised USD 36 million in Series B funding led by Zeev Ventures. It planned to use the funds to double its workforce, improve the end-user experience, and introduce a new range of insurance services.

HQ location:
Chicago IL USA
Founded year:
2019
Employees:
101-250
IPO status:
Private
Total funding:
USD 54.7 mn
Last Funding:
USD 36.0 mn (Series B; May 2024)
Last valuation:
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Product Overview
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Company profile
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