Honeycomb Raises $40M Series C

Honeycomb, a Tel Aviv-based AI-native insurance company, has raised $40 million in a new funding round, bringing its total capital raised to $95 million. The company specializes in providing insurance products for multi-unit residential properties such as apartment buildings and condo associations.

Investors

The round was led by Zeev Ventures. Additional participating investors included Ibex Investors, Peakline, Alpha Partners, Meitar Partners, Practical VC, and Harris Barton.

Honeycomb Use of Funds

Honeycomb plans to use the capital to continue scaling its operations and further develop its AI-driven platform which assesses property risk without physical inspections.

About Honeycomb

Founded in 2019 by Itai Ben-Zaken and Nimrod Sadot, Honeycomb is an insurance technology company that leverages AI, geospatial data, and aerial imagery to price property risk for landlords, condo associations, and HOA boards.

Funding Details

Company: Honeycomb
Raised: $40M
Round: Series C
Funding Date: June 4, 2026
Lead Investor: Zeev Ventures
Additional Investors: Ibex Investors, Peakline, Alpha Partners, Meitar Partners, Practical VC, Harris Barton
Software Category: Insurtech
Company Website: https://honeycombinsurance.com
Source: https://fortune.com/2026/06/04/honeycomb-insurance-ai-apartments-40-million/