Backend Developer, Honeycomb

Honeycomb Insurance aims to remedy these real estate coverage issues using AI and computer vision to quantify insurance claim costs. It analyses aerial photographs of building roofs and street-level shots to analyse quality and risk, thus removing the need for expensive physical inspections. This means the company can accurately underwrite risks in a fraction of the time, and deliver a better service to more consumers.

The value of this offering is showcased by Honeycomb's expansion to operate across 16 states. It now covers around 60% of the US market and has over $20 billion in assets under its belt. A substantial Series B round in 2024 will help it grow into new insurance markets and accelerate its AI-powered tech, as it aims to triple this asset value by 2025.