Full-Time
Posted on 7/7/2024
Real estate insurance for property owners
$110k - $140k/yr
Senior
Union City, NJ, USA
Honeycomb Insurance simplifies real estate insurance for condo associations, homeowners associations (HOAs), building owners, property managers, and developers. The company provides instant quotes and cost savings of up to 40% by leveraging advanced technology and industry expertise. Unlike competitors, Honeycomb focuses on a people-oriented, tech-driven approach that streamlines the insurance process. Its goal is to make real estate insurance more efficient and accessible for a diverse range of clients.
Company Size
51-200
Company Stage
Series B
Total Funding
$54.7M
Headquarters
Chicago, Illinois
Founded
2019
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Health Insurance
Stock Options
401(k) Retirement Plan
Unlimited Paid Time Off
Paid Holidays
Honeycomb Insurance launches instant eligibility program AQ.
Honeycomb, a digital insurer based in Chicago, has secured $36M in a Series B funding round led by Zeev Ventures. Participants included Arkin Holdings, Launchbay Capital, and existing investors. The funds will be used to expand into new insurance markets and enhance AI-driven insurance solutions. Honeycomb, currently operating in 16 U.S. states and insuring over $21 billion in real estate assets, plans to triple this figure in the next year.
Honeycomb Insurance, an Israeli insurance startup founded in 2019 and headquartered in San Francisco, has raised $36 million in a Series B funding round. The round was led by Zeev Ventures, with participation from Arkin Holdings, Launchbay Capital, Ibex Investors, Phoenix Insurance, and IT-Farm. This brings Honeycomb's total funding to $55 million. The company, which offers coverage for landlords and various housing associations, operates in sixteen states in partnership with Accredited Surety and Casualty Company.
Backed by Zeev Ventures, the fast-growing digital landlord insurance provider will use funding to expand into additional insurance markets and accelerate innovation of AI-powered insurance solutions
Honeycomb Insurance grabs $36M Series B from solo vc-led Zeev Ventures.