Honeycomb Insurance

Summary active Updated Jun 3, 2026

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Location Chicago, Illinois
Founded 2019
Latest Stage Growth
Total Raised $95M
Website https://honeycombinsurance.com
Sector
insurtech fintech ai property-insurance

Founders

Itai Ben-Zaken CEO & Co-Founder
Nimrod Sadot CTO & Co-Founder

About

Honeycomb Insurance is an AI-native insurer specializing in apartment buildings and condo associations 1. The company’s platform analyzes hundreds of data points per property — including geospatial datasets, aerial imagery, and building history — to assess risk and price coverage individually without requiring physical inspections 1. Honeycomb was co-founded by CEO Itai Ben-Zaken (a Wharton MBA and Israeli military intelligence veteran) and CTO Nimrod Sadot 1.

By the end of 2025, the company had reached $275 million in gross written premium, coverage across 22 states, and over $100 billion in total insured value, while operating profitably and cash-flow positive 12.

Funding History

Date Round Amount Lead Co-investors
2026-06-04 Growth $40M Zeev Ventures Ibex Investors, Peakline, Alpha Partners, Meitar Partners, Practical VC, Harris Barton 123

This round brings Honeycomb Insurance’s total funding to $95M 12.

What Investors Say

No independently sourced investor quotes found at this time.

What Founders Say

No independently sourced founder quotes found at this time.

Sources

  1. Fortune, “Exclusive: Investors bet $40 million on Honeycomb’s no-inspection home insurance AI,” June 4, 2026. https://fortune.com/2026/06/04/honeycomb-insurance-ai-apartments-40-million/↩↩↩↩↩↩

  2. Globes, “Israeli digital insurer Honeycomb raises $40m,” June 2026. https://en.globes.co.il/en/article-israeli-digital-insurer-honeycomb-raises-40m-1001544979↩↩↩

  3. Honeycomb Insurance Newsroom, accessed June 2026. https://honeycombinsurance.com/newsroom/↩