Honeycomb Programs Inc.

honeycombinsurance.com

Formerly Agilius

High-Tech Company

TECH VERTICALS

Insurtech Artificial Intelligence, Computer Vision, e-Commerce, FinTech, PropTech, Real Estate

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Revenue Growth
Established	2019
Number of Employees	181
Employees in Israel	54
Reg. Number:	abCDe

DESCRIPTION

Honeycomb offers digital insurance for condominium owners in the US. The company is a developer of an insurance technology platform, designed to provide real estate insurance services. Honeycomb's technology eliminates the need for on-site physical inspections to assess risk, utilizing instead aerial photography, computer vision, artificial intelligence and machine learning, enabling homeowner associations, property managers, developers and building owners to purchase and manage the various real estate insurance policies at one place.

TECHNOLOGY

Honeycomb was built to disrupt the real estate insurance industry. By using AI and computer vision, the company offers apartment buildings, condominium associations and single-family rental dwellings customized policies at fair rates. Honeycomb's digitally-native platform makes purchasing insurance an easy and transparent process for property owners, property managers, associations directors and retail agents.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Condominium & Homeowner associations, Multifamily property landlords, Property managers and owners, Developers, Building owners, Association directors, Retail agents.

	BUSINESS MODEL
	B2B

CONTACT INFO

Expand / Collapse All

Main Address: Chicago, United States

Address	222 S Riverside Plaza
City	Chicago
State/Province	IL
Country	United States
Zip	60606

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Denver, United States

Address	250 Fillmore St.
City	Denver
State/Province	CO
Country	United States
Zip	80206

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Herzliya, Israel

Address	10 Hamenofim St.
City	Herzliya
State/Province	OH
Country	Israel
Zip	4672561

Contact Person	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Itai Ben-Zaken	CEO & Co-Founder
Dr. Nimrod Sadot	CTO & Co-Founder	Service Technologies Inc. (VP, R&D GM Israel)
Mr. Ben Piening	CUO
Mr. Paul Isaac	CFO
Mr. Hillik Nissani	COO	Reblaze (COO)
Mr. Roy Feig	SVP, Product
Mr. Jon Repka	SVP, Sales & BizOps
Mr. Guy Shalev	VP, Engineering
Mr. Adam Cherubini	Co-Founder
Mr. Manny Rios	Co-Founder

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	General Partner, IT Farm
abC Defghij	Board Member	Managing Director, Ibex Investors
abC Defghij	Observer	EVP, The Phoenix Investments

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Second Round

May. 07, 2024

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Institutional Investor	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Insurance	abCDe

First Round

Jan. 19, 2022

R&D

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Insurance	abCDe

Seed - Extended

Jun. 22, 2021

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Private Investor	abCDe

Seed

Jun. 01, 2019

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Private Investor	abCDe

	Non-Equity Assistance

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Date

Stage

Remarks

Non-Equity Assistance

Aug. 01, 2020

R&D

Contributor	Type	Amount	Remarks
abC Defghij	Corporate Accelerator	abCDe

Non-Equity Assistance

Oct. 01, 2019

R&D

Contributor	Type	Amount	Remarks
abC Defghij	General Accelerator	abCDe

Last Updated:	abCDe
IVC Number:	abCDe