Next Insurance
Latest round
- Series G
Last raised
- Oct 2023
Total raised
- $1B
Investors
- 20
About Next Insurance
Founded in 2016 and based in Palo Alto, CA, Next Insurance, Inc. is an insurtech company focused on providing tailored insurance solutions for small businesses across various industries, aiming to simplify the insurance process and enhance accessibility for its clients. The company was co-founded by Alon Huri and Nissim Tapiro, with Guy Goldstein who serves as the current CEO. Next Insurance, Inc.28 billion across 10 deals.6 billion. Next Insurance offers a range of comprehensive insurance products tailored for small businesses, including General Liability Insurance, Workers’ Compensation Insurance, Business Owner's Policies (BOP), and Professional Liability Insurance.S. Next Insurance generates revenue primarily through insurance premiums collected from small business clients for their insurance products. The company operates on a subscription-based model, allowing clients to pay annual premiums tailored to their specific coverage needs, thereby facilitating a streamlined transaction process via their online platform. In March 2025, Munich Re Ventures acquired a 71% majority stake in Next Insurance, Inc.S. small business insurance market. Future growth strategies include the launch of new products aimed at addressing emerging needs in the market and plans to expand service offerings into additional geographic regions, although specific markets and dates have not been disclosed.
Who invested in Next Insurance
20 investors across 8 rounds
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Funding rounds
Series G
Oct 2, 2023
Amount
$225M
Investors
Series F
Mar 26, 2021
Amount
$180M
Investors
Series E
Sep 22, 2020
Amount
$247M
Investors
Series D
Mar 12, 2020
Amount
$250M
Investors
Series C
Jun 22, 2018
Amount
$62M
Investors
Series B
Jun 12, 2017
Amount
$9.9M
Investors
Series B
Mar 24, 2017
Amount
$25M
Investors
Series A
Feb 23, 2016
Amount
$13M
Investors
Questions about Next Insurance
Who invested in Next Insurance?
Next Insurance has 20 investors on record across 8 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Next Insurance raised?
Next Insurance has raised 8 venture rounds. Sign up free to see how much each round raised and the total.
When did Next Insurance last raise money?
Next Insurance's most recent round on record is a Series G, in Oct 2023.
What does Next Insurance do?
Founded in 2016 and based in Palo Alto, CA, Next Insurance, Inc.
Where is Next Insurance headquartered?
Next Insurance is headquartered in Palo Alto, US.
Which VCs invest in companies like Next Insurance?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back insurance companies at Next Insurance's stage. Their profiles are linked below.
VCs backing insurance startups at Series G
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