Itai Ben-Zaken might be one of the only insurance tech founders who doesn’t need investors’ money—but he’ll still take it.
He’s the CEO of Honeycomb Insurance, an AI-native insurer specializing in apartment buildings and condo associations. The company raised a $40 million funding round led by Zeev Ventures, Fortune learned exclusively. Ibex Investors, Peakline, Alpha Partners, Meitar Partners, Practical VC, and NFL Super Bowl champion, former 49ers player Harris Barton also joined. The raise brings total funding to $95 million—a figure that is deliberately modest, according to Ben-Zaken.
