Shared 8 June, 2026
Honeycomb Insurance, a digital insurer focused on apartment buildings and condominium associations, announced a $40 million funding round led by Zeev Ventures. The company plans to use the new capital to expand into additional geographic markets, enhance agent-facing technology, broaden its product portfolio, and continue developing its proprietary AI-powered underwriting platform.
The company’s underwriting model is built around proprietary artificial intelligence and risk assessment technology that evaluates properties on an individual building basis. Honeycomb analyses hundreds of structured and unstructured data points, including geospatial information, environmental data, building characteristics, historical performance metrics, and high-resolution imagery to assess risk and determine pricing.
Itai Ben-Zaken, Co-Founder And CEO, Honeycomb Insurance, said, “We are building Honeycomb to be the category leader in commercial real estate insurance. We didn’t add AI to a legacy offering. Our platform is centered on proprietary data and AI models to underwrite each property individually, with competitive and fair pricing and terms. This funding accelerates our expansion into new states and new product lines as we move toward that goal.”
oren zeev, Founding Partner, Zeev Ventures, said, “Honeycomb has built something I rarely see, an insurance company that has scaled rapidly while maintaining a lean operation. That combination is exceptionally rare in insurance, and it reflects the strength of both the team and the technology. The commercial property market is massive, underserved by legacy carriers.”
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*Offer ends on Friday, 7th February.
