Honeycomb raises $40 million as digital insurance model gains momentum

Honeycomb raises $40 million as digital insurance model gains momentum

Honeycomb Secures $40 Million as It Expands Digital Insurance Platform

Honeycomb, an Israeli-founded insurtech, has raised $40 million to further expand its AI-driven underwriting platform. The company is focused on enhancing its digital insurance model.

According to Honeycomb, the company is anticipating Gross Written Premium (GWP) of $275 million upon exiting 2025. This growth is attributed to the expansion of their platform.

Original Source: https://www.calcalistech.com/ctechnews/article/s1slvy1zgx

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