# Honey Insurance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/honey-insurance-pty

- Industry: Insurance
- Headquarters: Sydney, Australia
- Website: www.honeyinsurance.com/
- Total disclosed funding: $83M
- Latest round: Series A (Apr 8, 2024)
- Investors on record: 9

## About

Based in Sydney, Australia, and founded in 2020, Honey Insurance Pty Limited operates as an insurance company that provides home insurance. The company was founded by CEO Mr. Richard Joffe. In April 2024, Honey Insurance Pty Ltd raised USD 108 million in series A funding from Gallatin Point Capital.

Honey Insurance Pty Limited offers Home Insurance, Contents Insurance, and Home and Contents Insurance using smart sensors to monitor the risks to homes flooding, fire, and theft.

The company will use the series A funding to support its industry growth.

## Funding rounds

- Series A, Apr 8, 2024, $71M — Gallatin Point Capital
- Seed, Jun 16, 2021, $12M — Apex Capital Partners, AGL Energy Ltd., Property Exchange Australia Limited, Shadforth Financial Group Limited, Royal Automobile Club of Queensland Ltd., Mirvac Group, Metricon Homes Pty Ltd, ABN Group

## Investors

- Apex Capital Partners (https://capitalatlas.ai/funds/apex-capital-partners) — Seed
- AGL Energy Ltd. — Seed
- Property Exchange Australia Limited — Seed
- Shadforth Financial Group Limited — Seed
- Royal Automobile Club of Queensland Ltd. — Seed
- Mirvac Group — Seed
- Metricon Homes Pty Ltd — Seed
- ABN Group — Seed
- Gallatin Point Capital (https://capitalatlas.ai/funds/gallatin-point-capital) — Series A