# Honeycomb Insurance Services

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/honeycomb-insurance-services

- Industry: Insurance
- Headquarters: Chicago, US
- Website: www.honeycombinsurance.com
- Total disclosed funding: $91M
- Latest round: Series B (Jun 4, 2026)
- Investors on record: 13

## About

Based in Colorado, US, and founded in 2019, Honeycomb Programs Inc., doing business as Honeycomb Insurance Services, operates as a real estate insurance firm. The company was founded by its CEO Itai Ben-Zaken, CTO Nimrod Sadot, and CRO Adam Cherubini. In June 2026, Honeycomb Insurance Services raised USD 40 million in venture funding led by Zeev Venture, with participation from Ibex Investors, Practical Venture Capital, Alpha Partners, and Peakline Partners. The company will use the funding to expand its underwriting platform and support growth of its insurance operations and coverage.

Honeycomb operates as a managing general agent (MGA) for commercial real estate insurance. The company offers data-driven (artificial intelligence) AI-based underwriting to provide customized insurance policies for condo and homeowner associations, landlords, and condo owners. It also offers various insurance coverage options, such as HOA (homeowner association insurance), which includes property coverage and liability coverage; COA (condo association insurance); and landlord and rental property insurance.

## Funding rounds

- Series B, Jun 4, 2026, $40M — Ibex Investors, Alpha Partners, Zeev Ventures, Peakline Partners, Practical Venture Capital, Meitar Partners
- Series B, May 7, 2024, $36M — Phoenix Insurance Company, IT-Farm Corporation, Ibex Investors, Zeev Ventures, Arkin Capital, Launchbay Capital
- Series A, Jan 20, 2022, $15M — Phoenix Insurance Company, IT-Farm Corporation, Ibex Investors, Sure Ventures, NFP Ventures, SiriusPoint Limited

## Investors

- Phoenix Insurance Company — Series A, Series B
- IT-Farm Corporation (https://capitalatlas.ai/funds/it-farm-corporation) — Series A, Series B
- Ibex Investors (https://capitalatlas.ai/funds/ibex-investors) — Series A, Series B
- Sure Ventures (https://capitalatlas.ai/funds/sure-ventures) — Series A
- NFP Ventures (https://capitalatlas.ai/funds/nfp-ventures) — Series A
- SiriusPoint Limited — Series A
- Zeev Ventures (https://capitalatlas.ai/funds/zeev-ventures) — Series B
- Arkin Capital (https://capitalatlas.ai/funds/arkin-capital) — Series B
- Launchbay Capital (https://capitalatlas.ai/funds/launchbay-capital) — Series B
- Alpha Partners (https://capitalatlas.ai/funds/alpha-partners) — Series B
- Peakline Partners (https://capitalatlas.ai/funds/peakline-partners) — Series B
- Practical Venture Capital (https://capitalatlas.ai/funds/practical-venture-capital) — Series B
- Meitar Partners — Series B