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.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 01/20/22 | $15,400,000 | Series A |
Distributed Ventures Ibex Investors  IT-Farm Phoenix Insurance Company SiriusPoint Sure Ventures | undisclosed |
