Honey Insurance raises $108 million in Series A funding led by Gallatin Point Capital to expand its insurance offerings with smart home sensors.
Apr 08, 2024•over 1 year ago
Amount Raised
$108 Million
Round Type
series a
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.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech