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Next Insurance

Next Insurance is a California-based online platform that provides general liability, workers compensation and commercial auto insurance products for businesses. Read more

Guy Goldstein's photo - Co-Founder & CEO of Next Insurance

Co-Founder & CEO

Guy Goldstein

CEO Approval Rating

90/100

Founded:

2015

Status:

PrivateIndependent Company

NEXT INSURANCE TOP COMPETITORS OR ALTERNATIVES

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Embroker is the top competitor of Next Insurance. Embroker is a Private company that was founded in San Francisco, California in 2015. Embroker operates in the Fintech industry. Embroker has 380 fewer employees vs. Next Insurance.

Insureon is seen as one of Next Insurance's biggest rivals. Insureon was founded in Chicago, Illinois} in 2011. Insureon is in the Internet Software field. Compared to Next Insurance, Insureon generates $60.2M less revenue.

CoverWallet is perceived as one of Next Insurance's biggest rivals. CoverWallet was founded in 2015, and is headquartered in New York, New York. Like Next Insurance, CoverWallet also operates in the Life & Health Insurance sector. CoverWallet generates $70M less revenue vs. Next Insurance.

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Growth Score - 1/1

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Next Insurance Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
AP Intego Insurance Group, LLC

Mar 2021

Source »
undisclosed
AP Intego is a digital insurance platform that offers general liability and commercial property insurance products for small businesses.

These are all the companies that Next Insurance has acquired. Next Insurance's latest acquisition was AP Intego Insurance Group, LLC in Mar 2021. AP Intego is a digital insurance platform that offers general liability and commercial property insurance products for small businesses.

Next Insurance Funding History

Since Next Insurance was founded in 2015, it has participated in 6 rounds of funding. In total Next Insurance has raised $881.0M. Next Insurance's last funding round was on Mar 2021 for a total of $250.0M

ROUND

FUNDING DATE

AMOUNT

INVESTORS

Series E
Mar 2021
$250M

FinTLV Ventures

Series D
Mar 2020
$250M
Series C
Oct 2019
$250M
Series B
Jul 2018
$83M
Series A
May 2017
$35M

Since Next Insurance was founded in 2015, it has participated in 6 rounds of funding. In total Next Insurance has raised $881.0M. Next Insurance's last funding round was on Mar 2021 for a total of $250.0M

Next Insurance Investments

No recent investments found related to Next Insurance

These are all the companies that Next Insurance has invested in. Next Insurance's latest investment was AP Intego Insurance Group, LLC in Mar 2021. AP Intego is a digital insurance platform that offers general liability and commercial property insurance products for small businesses.

Next Insurance News

April 2, 2021Finovate

Next Insurance Raises $250 Million for Small Business Insurance

Online insurance company for the self-employed Next Insurance just closed a $250 million investment r... See more »
April 2, 2021TechCrunch

Next Insurance raises $250M, doubling its valuation to $4B in under a year

Next Insurance recently announced that it has raised a $250 million round, valuing the SMB-focused in... See more »
April 1, 2021Electronic Payments International

Next Insurance rides high on the insurtech boom and rakes in $250m

Tech startup Next Insurance has leveraged the momentum of the insurtech boom to secure $250m in a new... See more »
April 1, 2021FinTech Global

Next Insurance doubles its valuation to $4bn after fresh investment | FinTech Global

InsurTech unicorn Next Insurance has doubled its valuation to $4bn, following the close of a new $250... See more »
April 1, 2021CTech

"People called it a bubble when we raised at a $1 billion valuation too"

Next Insurance executives talk about their fresh $4 billion valuation, their aversion to SPACs, and t... See more »
March 31, 2021Built in San Francisco

Next Insurance Doubles Its Valuation in 6 Months, Plans Hiring Spree | Built In San Francisco

The Palo Alto-based insurtech unicorn announced that it raised $250 million in fresh financing. The n... See more »
March 18, 2021Insurance Journal

Next Insurance Targets Businesses That Sell and Buy on Amazon

In partnership with Amazon, digital small business insurer Next Insurance is offering insurance to bu... See more »

Next Insurance Blogs

November 8, 2020Next Insurance Blog

What is employers liability insurance?

Employers liability insurance helps protect your business from financial losses if an employee or thi... See more »
October 23, 2020Next Insurance Blog

The difference between Workers' Comp vs. disability insurance

Small business owners have an obligation to protect their employees. One of the most common ways of d... See more »
October 20, 2020Next Insurance Blog

Highest paying construction jobs working as an independent contractor

Are you thinking about pursuing a career in the construction industry, or are you an independent cont... See more »
October 15, 2020Next Insurance Blog

Starting a business in Texas: Everything you need to know

If you want to become a business owner, starting a small business in Texas has its perks. It's consis... See more »
October 14, 2020Next Insurance Blog

How to Become an Online Fitness Trainer

Learn about the benefits, best practices and risks of online fitness training   In-home workouts have... See more »
October 11, 2020Next Insurance Blog

How to get an HVAC license in Florida

To join the ranks of more than 8,000 certified air conditioning contractors in Florida, you’ll ... See more »
October 11, 2020Next Insurance Blog

Oregon contractor license and insurance requirements

Are you a contractor who installs or repairs roofing, siding, flooring, plumbing or air conditioning?... See more »

Next Insurance Press Releases

January 18, 2017PR Newswire

Markel Corporation and Next Insurance Partner to Insure Commercial Small Businesses

SAN FRANCISCO, Jan. 18, 2017 /PRNewswire/ -- Next Insurance is excited today to announce its successf... See more »

Next Insurance Videos

Social Media

Next Insurance Headquarters

409 Sherman Avenue

Palo Alto, California94306

855-222-5919

Driving Directions »

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Next Insurance Summary

ABOUT

Overview

Next Insurance is a California-based online platform that provides general liability, workers compensation and commercial auto insurance products for businesses. Next Insurance was founded in 2015. Next Insurance's headquarters is located in Palo Alto...

CEO

Next Insurance's Co-Founder & CEO, Guy Goldstein, currently has an approval rating of 90%. Next Insurance's primary competitors are Embroker, Insureon & CoverWallet.

Frequently Asked Questions about Next Insurance

  1. When was Next Insurance founded?

    Next Insurance was founded in 2015
  2. Who is Next Insurance's CEO?

    Next Insurance's CEO is Guy Goldstein
  3. How much revenue does Next Insurance generate?

    Next Insurance generates $95M in revenue
  4. How much funding does Next Insurance have?

    Next Insurance has historically raised $881M in funding
  1. Where is Next Insurance's headquarters?

    Next Insurance's headquarters is in Palo Alto California, USA
  2. How many employees does Next Insurance have?

    Next Insurance has 530 employees
  3. What sector does Next Insurance operate in?

    Next Insurance is in Life & Health Insurance, Insurance Brokers
  4. Who are Next Insurance's competitors?

    Next Insurance's top competitors are Embroker, Insureon, CoverWallet