Next Insurance is a leading digital insurtech company transforming small business insurance with simple, digital and affordable coverage tailored to the self-employed.
Next Insurance offers policies that are easy to buy in 10 minutes or less and provides 24/7 access to services such as Live Certificates of Insurance, Additional Insured, and more, with no extra fees.
Next Insurance was founded in 2016 by Guy Goldstein, Alon Huri and Nissim Tapiro. The company is headquartered in Palo Alto, California.
Next Insurance is utilizing advanced technology to offer the industry's most innovative small business insurance policies. The company has over 100,000 customers in the U.S. Next Insurance is working with leading agents including BTIS, London Underwriters, First Connect Insurance and more.
Next Insurance's commitment to being the one-stop-shop for small business insurance and a customer experience leader has helped it grow to more than 100,000 customers. Its service is available to 1,300 types of businesses in 50 states and provides six insurance offerings, including General Liability, Professional Liability, Commercial Auto and Workers' Compensation coverage, all under one roof.
Next Insurance is backed by Munich Re, Redpoint Ventures, Nationwide, Markel, American Express Ventures, Ribbit Capital, TLV Partners, CapitalG. FinTLV, SGVC, Zeev Ventures and others. The company raised $250M in Series D round on Sep 23, 2020. This brings Next Insurance's total funding to $631M to date. The round values the company at over $2B post-money. Next Insurance was previously valued at over $1B after it had raised a $250M Series C round on Oct 2019.