Last updated 2026-07-26
- Acquired by ERGO Group (Munich Re) for $2.6B, Mar 2025
- Raised $265M Series F led by Allstate Strategic Ventures, Oct 2023
- Raised $250M Series E led by FinTLV Ventures, Feb 2021
Total raised
$1.1B
Last: F Round 2023-11
Stage
Acquired
Founded
2016
Headcount
500+
HQ
Palo Alto, United States
Sector
Fintech & Insurtech
About
Next Insurance is a digital insurer transforming small business insurance with simple, digital coverage tailored to entrepreneurs. The company utilizes AI and machine learning to simplify the purchasing process for coverage with 24/7 access to servicing, including Certificates of Insurance, additional insured, and more. Next Insurance offers a broad range of small business insurance including General Liability, Business Owners Policy (BOP), Workers' Compensation, Professional Liability, Commercial Auto, Commercial Property, and Tools and Equipment insurance. The company is headquartered in Palo Alto, California, with an R&D center in Kfar Saba, Israel.
Funding history · 7 rounds · $1.1B total
2023-10
F Round
$265.0M
★ Allstate Strategic VenturesAllianz X
2021-02
E Round
$250.0M
★ FinTLV VenturesCapitalGGroup 11G SquaredOren ZeevBattery VenturesFounders Circle Capital
2020-08
D Round
$250.0M
★ CapitalGGroup 11FinTLV VenturesMunich Re VenturesMITSUI SUMITOMO INSURANCE Venture Capital
2019-09
C Round
$250.0M
★ Munich Re VenturesGroup 11
2018-06
B Round
$83.0M
★ Group 11★ Oren Zeev★ TLV Partners★ Ribbit Capital★ Redpoint Ventures★ Munich Re Ventures★ Nationwide Insurance★ American Express Ventures
2017-05
A Round
$35.0M
★ Group 11★ Markel Corporation★ Munich Re Ventures★ Nationwide Insurance★ American Express Ventures
2016-02
Seed
$13.0M
★ Oren Zeev★ TLV Partners★ Ribbit Capital
Headcount over time
From 106 (2018-11) to 722 (2026-03) · +616 (+581%) · 44 points · source: Finder history + radar grounding
Q&A
- What is the most recent funding round Next Insurance secured?
- In October 2023, Next Insurance raised $265 million in an E Round. Key investors included Allstate and Allianz X.
- When was Next Insurance acquired and by whom?
- Next Insurance was acquired by ERGO Group (Munich Re) in March 2025 for $2.6 billion.
- What is Next Insurance's primary business sector?
- Next Insurance operates primarily in the Fintech & Insurtech sector, focusing on digital insurance solutions for small businesses.
- How many employees does Next Insurance currently have?
- Next Insurance has an employee count in the 500+ range.
- What was a significant partnership announced by Next Insurance in March 2021?
- In March 2021, Next Insurance partnered with Amazon Business Prime to offer affordable digital insurance options to small businesses.
- What was a notable acquisition made by Next Insurance in 2021?
- In March 2021, Next Insurance acquired AP Intego, which reportedly doubled its revenue.
- What was the impact of the July 2022 workforce reduction at Next Insurance?
- In July 2022, Next Insurance reduced its workforce by 17%.
- Who are the founders of Next Insurance?
- The founders of Next Insurance are Guy Goldstein, Alon Huri, and Nissim Tapiro.
Team · 5
Guy Goldstein
Founder · CEO
Alon Huri
Founder · Co-Founder
Nissim Tapiro
Founder · CTO
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
| Legal name | NEXT INSURANCE, INC. |
|---|---|
| Founded | 2016 |
| Employees (exact) | 700 |
| Offices | Palo Alto |
| Status reason | Acquired by Munich Re on Mar, 2025 |
| Wikidata QID | Q105724944 |
Acquisitions & public offerings
Acquired by ERGO Group (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 | 79 |
|---|