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Honey Insurance launches with $15.5m AUD, the largest seed round ever for an Australian tech startup

Australia based next generation, digitally-enabled home insurer raised $11.3m in seed financing led by RACQ.

“I found the sign-up process painful, the fine print was confusing and the insurance company was totally reactive, not proactive. They never contacted me aside from my renewal,” said Richard Joffe, founder and CEO.

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australia, insuretech