Digital Disruption in Real Estate Insurance Honeycomb Insurance leverages Artificial Intelligence and computer vision to offer customized policies for apartment buildings and condominiums, presenting a unique selling point for property owners and managers looking for innovative insurance solutions.
Recent Expansion into Virginia Market With its recent expansion to Virginia and the ability to bypass property inspections using technology, Honeycomb Insurance has increased its market reach, providing a growth opportunity for sales expansion in new territories.
Significant Series B Funding and Financial Stability Securing $36 million in Series B funding showcases Honeycomb Insurance's financial health and growth potential, making the company an attractive partner for clients seeking a stable and well-funded insurance provider.
Tech-Enabled Instant Eligibility Programs The launch of instant eligibility programs like the Address Qualification (AQ) by Honeycomb Insurance demonstrates the company's commitment to using technology to streamline processes, offering a competitive edge and sales advantage in the market.
Competitive Positioning Among InsurTech Startups Being part of the InsurTech landscape, Honeycomb Insurance competes with companies like Progressive, Hippo, and Next Insurance, positioning itself as a dynamic player capable of challenging established competitors and attracting clients seeking innovative insurance solutions.
40K
$1B
560$100M$1B
735$100M$1B
615$100M$1B
175$10M$50M
501$100M$1BHoneycomb Insurance uses 8 technology products and services including HubSpot Analytics, Fastly, Cloudinary, and more. Explore Honeycomb Insurance's tech stack below.
| Honeycomb Insurance Email Formats | Percentage |
| First@honeycombinsurance.com | 47% |
| First.L@honeycombinsurance.com | 3% |
| First@honeycombinsurance.com | 47% |
| First.L@honeycombinsurance.com | 3% |
InsuranceIllinois, United States51-200 Employees
Honeycomb was built to disrupt the real estate insurance industry. Using Artificial Intelligence and computer vision, we offer apartment buildings, condominium associations and single-family rental dwellings perfectly customized policies at unbeatable rates. Our digitally-native platform makes purchasing insurance an easy and transparent process for property owners, property managers associations directors, and retail agents.
Company Overview
Media & News
Funding & FinancialsHoneycomb Insurance has raised a total of $36M of funding over 3 rounds. Their latest funding round was raised on May 07, 2024 in the amount of $36M.
Honeycomb Insurance's revenue is in the range of $10M$50M
Funding & FinancialsHoneycomb Insurance has raised a total of $36M of funding over 3 rounds. Their latest funding round was raised on May 07, 2024 in the amount of $36M.
Honeycomb Insurance's revenue is in the range of $10M$50M
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