Address
Honeycomb Programs Inc
Chicago, IL
United States
Website
Industry
KANDO id: 14397869
Corporate information
Official name
Honeycomb Programs Inc
Also known as
Honeycomb Insurance
Registration country
Company type
Provider of multi-family property insurance through its end-to-end digital platform.Overview
Honeycomb is a reinsurance-backed MGA providing simple, fair, and affordable multi-family property insurance through its end-to-end digital platform. With offices in Denver, San Francisco and Tel Aviv, Honeycomb leverages proprietary user-generated data, advanced AI, and computer-vision to automate the normally arduous and costly underwriting process. Honeycomb significantly improves the customer experience and provides tailored coverage at a competitive price point and at improved profit margins through its real-time rate/quote/bind offering and its data-driven "right-pricing" advantage.
Funding rounds
Series B USD 36,000,000
USD 36,000,000 ( )
Funding to double headcount from 90 to 180 employees over the next 18 months, introduce new products, and expand iofferings to new markets.
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Zeev Ventures | Early-stage venture fund that invests in technology, financial, e-commerce, and consumer service sectors. | Initial investment. Led the round. | |
![[current-page:title] logo](/sites/default/files/styles/icon/public/default_images/_no-logo.png?itok=AH4pbDYM){kind=icon}
|
Arkin Holdings | Initial investment. | ||
|
|
Launchbay Capital | Initial investment. | ||
|
Ibex Investors LLC | Follow-on investment. | ||
|
IT-Farm Corp | Follow-on investment. | ||
|
Phoenix Insurance Company Ltd | Follow-on investment. |
Investment activity status
Active investor