Honeycomb Insurance

Honeycomb is an AI-driven digital insurer providing commercial property insurance for landlords and condo associations in the US.

Active
Series B Chicago, United States Founded 2019
Total raised
$95.0M
Last: Series B Extension 2026-06
Stage
Series B
Founded
2019
Headcount
210
HQ
Chicago, United States
Sector

About

Honeycomb Insurance is an Israeli-founded insurtech company specializing in commercial property insurance for multi-family properties across over 20 US states. Founded in 2019 by Itai Ben-Zaken and Nimrod Sadot, the company leverages advanced AI, computer vision, and proprietary data models to offer precise risk assessment, competitive pricing, and a streamlined experience for property owners and insurance brokers. Honeycomb maintains a significant R&D presence in Israel, contributing to its technology-first approach in modernizing the real estate insurance industry.

Funding history · 3 rounds · $95.0M total

2026-06
Series B Extension $40.0M
2024-05
Series B $36.0M
2022-01
Series A $15.4M

Q&A

What is Honeycomb Insurance's primary business?
Honeycomb Insurance is an AI-driven digital insurer providing commercial property insurance for landlords and condo associations in the US.
When was Honeycomb Insurance founded and by whom?
Honeycomb Insurance was founded in 2019 by Itai Ben-Zaken and Nimrod Sadot.
What is the total amount of funding Honeycomb Insurance has raised to date?
Honeycomb Insurance has raised a total of $95 million USD.
When did Honeycomb Insurance complete its Series B funding round and who were the lead investors?
Honeycomb Insurance completed its Series B funding round in May 2024, with Zeev Ventures as the lead investor.
When did Honeycomb Insurance secure its Series B Extension funding and who led the round?
Honeycomb Insurance secured a Series B Extension in June 2026, led by Zeev Ventures.
How many employees does Honeycomb Insurance currently have?
Honeycomb Insurance has 201-500 employees.
Where is Honeycomb Insurance's headquarters located?
Honeycomb Insurance's headquarters is in Chicago, United States.
What technologies does Honeycomb Insurance leverage in its operations?
Honeycomb Insurance leverages Artificial Intelligence, Computer Vision, and AI Models.

Team · 7

Itai Ben-Zaken
Founder · Co-founder and CEO
Nimrod Sadot
Founder · Co-founder and CTO
Hillik Nissani
Management Team
Eric Micheals
Management Team
Paul Isaac
Management Team
Roy Feig
Management Team
Jon Repka
Management Team

Sectors & technology

Technologies
Target customers
Business model
B2BMGA (Managing General Agent)Direct-to-consumerBroker-enabled

Tags

insurtechreal-estate-insuranceaicomputer-visionproperty-insurancedigital-insurance