Last updated 2026-06-18
- Acquired by Munich Re for $2.6B, Mar 2025
- Raised $265M Series F led by Allstate Strategic Ventures, Nov 2023
- Raised $250M Series E led by FinTLV Ventures, Mar 2021
Total raised
$1.1B
Last: F Round 2023-11
Stage
Acquired
Founded
2016
Headcount
500+
HQ
Kefar Sava, Israel
Sector
Fintech & Insurtech
About
Next Insurance develops insurance solutions for small businesses, offering simple, affordable coverage tailored to the needs of each class of business. Next Insurance offers policies that are easy to buy, with online access to services such as certificates of insurance and additional insured coverage with no extra fees.
Funding history · 7 rounds · $1.1B total
2023-11
F Round
$265.0M
2021-03
2020-09
2019-10
C Round
$250.0M
2018-07
2017-06
2016-03
Seed
$13.0M
Q&A
- What is the current status of Next Insurance?
- Next Insurance was acquired by Munich Re in March 2025 for $2.6 billion.
- When was Next Insurance founded and where is its headquarters located?
- Next Insurance was founded in January 2016 and is headquartered in Kefar Sava, Israel.
- What is Next Insurance's primary business?
- Next Insurance develops insurance solutions specifically for small businesses, offering tailored and affordable coverage.
- How much total funding has Next Insurance raised?
- Next Insurance has raised a total of $1.146 billion across multiple funding rounds.
- Who were the lead investors in Next Insurance's latest funding round?
- The F Round, which closed in November 2023 for $265 million, was led by Allstate Strategic Ventures and Allianz X.
- Which companies has Next Insurance acquired?
- Next Insurance acquired Juniper Labs in December 2020 and AP Intego in March 2021.
- What is the employee count for Next Insurance?
- Next Insurance has an employee count in the 500+ range.
- Who are the co-founders of Next Insurance?
- The co-founders of Next Insurance are Alon Huri and Nissim Tapiro.
Team · 4
Sectors & technology
Primary sector
Fintech & Insurtech
Sub-sectors
Fintech & InsurtechInsurtech
Technologies
Platforms & InterfacesWebArtificial Intelligence
Target customers
Financial ServicesFinancial ProductsInsuranceEnterprise & Professional ServicesSMBs & SMEs
Business model
B2B
Highlights
Verified
Tags
unicorn-2019underwritingfintech
Full data — links, identifiers, deals & radar signals (jobs, patents, research, more)
External links
| Website | nextinsurance.com/ |
|---|---|
| linkedin.com/company/7805032 | |
| X / Twitter | twitter.com/nextinsurance1 |
| facebook.com/NextInsuranceUSA | |
| YouTube | youtube.com/channel/UCXKL3pilHs2KJPLaICWskmQ |
| instagram.com/nextinsurance | |
| Wikipedia | he.wikipedia.org/wiki/Next_Insurance |
| Wikidata | wikidata.org/wiki/Q105724944 |
Identifiers & details
| Founded | 2016-1 |
|---|---|
| Employees (exact) | 711 |
| Offices | Palo Alto |
| Status reason | Acquired by Munich Re on Mar, 2025 |
| Wikidata QID | Q105724944 |
Acquisitions & public offerings
Acquired by Munich Re 2025-03 $2.6B
| Acquired | Date | Amount |
|---|---|---|
| 2021-03 | ||
| 2020-12 |
Radar intelligence
Web history (Wayback)
| Domain | nextinsurance.com |
|---|
Wikidata
| QID | Q105724944 |
|---|
Certificate / subdomain footprint
| Subdomains | 78 |
|---|