Honeycomb Insurance Services

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Honeycomb Insurance Services - overview

Established

2019

Location

-, CO, US

Primary Industry

Insurance

About

Based in Colorado, US, and founded in 2019, Honeycomb Programs Inc. , doing business as Honeycomb Insurance Services, operates as a real estate insurance firm. The company was founded by its CEO Itai Ben-Zaken, CTO Nimrod Sadot, and CRO Adam Cherubini. In January 2022, Honeycomb Programs Inc.


raised USD 15. 4 million in Series A funding led by Ibex Investors, Sure Ventures, IT-Farm, and Phoenix Insurance Company. Series A funding values Honeycomb Programs Inc. at USD 41 million post-money.


Honeycomb operates as a managing general agent (MGA) for commercial real estate insurance. The company offers data-driven (artificial intelligence) AI-based underwriting to provide customized insurance policies for condo and homeowner associations, landlords, and condo owners. It also offers various insurance coverage options, such as HOA (homeowner association insurance), which includes property coverage and liability coverage; COA (condo association insurance); and landlord and rental property insurance.


Current Investors

Phoenix Insurance Company, IT-Farm Corporation, New Era Capital Partners

Primary Industry

Insurance

Sub Industries

Commercial Insurance, Insurance Intermediaries

Website

www.honeycombinsurance.com

Verticals

Artificial Intelligence, InsureTech

Company Stage

Series B

Total Amount Raised

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