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Honey Insurance raises $108 million in Series A funding led by Gallatin Point Capital to expand its insurance offerings with smart home sensors.

PRIVATEApr 08, 2024

Amount Raised

$108 Million

Round Type

Series A

AustraliaInsurance

Investors

Gallatin Point Capital

Description

Australian home insurance startup Honey Insurance has raised $108 million in a Series A funding round to expand its offerings with smart home sensors.

Quick answer

Honey Insurance raised $108 Million in a Series A round, dated April 8, 2024. Investors: Gallatin Point Capital. Honey Insurance is based in Australia.

How much did Honey Insurance raise?
Honey Insurance raised $108 Million in a Series A round on April 8, 2024.
Who invested in Honey Insurance?
Gallatin Point Capital is named as investors in this round.
What does Honey Insurance do?
Australian home insurance startup Honey Insurance offers home, renters, and landlord insurance through an underwriting relationship with Australian insurer RACQ.
Where is Honey Insurance based and how big is it?
Honey Insurance is based in Australia.

Source: Fundz verified event record.

Who else raised in Insurance around the same time

Companies in the same sectors as Honey Insurance that raised within 45 days of this round, from Fundz verified event records.

  • Wanderwell Ventures PBC raised $50K (Pre-Seed) on May 23, 2024.
  • Cover Whale raised $28M (Series A) on May 22, 2024.
  • Lassie raised $25M (Series B) on May 21, 2024.
  • Green Shield Holdings raised $6M on May 20, 2024.
  • Bamboo raised $15M (Series A) on May 18, 2024.
  • Cover Whale raised $12M on May 17, 2024.

Who to call at Honey Insurance, and when

A new round usually means Honey Insurance is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Honey Insurance raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Honey Insurance, from your own LinkedIn network

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Company Information

Company

Honey Insurance

Location

Australia

About

Australian home insurance startup Honey Insurance offers home, renters, and landlord insurance through an underwriting relationship with Australian insurer RACQ. Customers receive three smart home sensors that they can use to monitor different aspects of the home.

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Funding Insights

What this usually means
Typical timeline to Series B
Series A companies typically raise their next round in 10-18 months

Honey Insurance raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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