Exclusive: Investors bet $40 million on Honeycomb's no-inspection landlord insurance AI | Fortune
Fortune
Honeycomb Insurance raised $40 million in funding to expand its AI-driven, no-inspection insurance for apartment buildings.Summary
Honeycomb Insurance, an AI-native insurer for apartment buildings and condo associations, has raised a $40 million funding round led by Zeev Ventures, bringing its total funding to $95 million. The company uses a platform that ingests hundreds of data points per property to price risks individually without physical inspections, offering coverage up to 40% cheaper for well-maintained buildings. Honeycomb ended 2025 with $275 million in gross written premium and is already profitable. The funding will help the company, founded by Itai Ben-Zaken and Nimrod Sadot, continue to grow, even as the market for commercial real estate insurance becomes more competitive.
(Source：Fortune)