Next Insurance

Offering simple, affordable insurance coverage solutions for small businesses.

Launch date

2016

Employees

501-1000 people

Market cap

Enterprise valuation

CAD3.7b (Public information from Nov 2023)

Palo Alto California (HQ), Kfar Saba Center District (founding location)

https://www.nextinsurance.com/

https://twitter.com/nextinsurance1 https://www.facebook.com/NextInsuranceUSA https://www.linkedin.com/company/nextinsurance/

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Date	Investors	Amount	Round
-	Burst Capital Global Founders Capital Thomas Cuvelier	N/A	-
Mar 2016	Ribbit Capital TLV Partners Zeev Ventures	$13.0m	Seed
May 2017*	Ribbit Capital American Express Ventures TLV Partners Munich Re Ventures Zeev Ventures Markel Ventures Nationwide	$35.0m	Series A
Jul 2018	Redpoint Ventures Ribbit Capital American Express Ventures TLV Partners Munich Re Ventures Nationwide Insurance Zeev Ventures Group 11	$83.0m	Series B
Oct 2019	Munich Re Ventures	$250m Valuation: $1.0b	Series C
Sep 2020	CapitalG Munich Re Ventures FinTLV	$250m Valuation: $2.0b	Series D
Mar 2021	Battery Ventures Founders Circle Capital Zeev Ventures FinTLV G Squared Group 11	$250m Valuation: $4.0b	Series E
Nov 2023*	Allstate Allianz X	$265m Valuation: $2.7b	Series G
Total Funding		CAD1.6b

Tech stackLearn more about the technologies and tools that this company uses.

AP Intego Insurance Group

ACQUISITION by Next Insurance Mar 2021

ACQUISITION by Next Insurance Dec 2020