Last updated 2026-08-23
- Acquired by ERGO Group (Munich Re) for $2.6B, Mar 2025
- Raised $265M Series F led by Allstate, Nov 2023
- Raised $250M Series E led by FinTLV Ventures, Mar 2021
Total raised
$890.0M
Last: F Round 2023-11
Stage
Acquired
Founded
2016
Headcount
850
HQ
Palo Alto, United States
Sector
Insurance Technology
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 · 6 rounds · $890.0M total
6 events/rounds · $890.0M Total Funding: $890.0M in Private Equity
Nov 2023
Mar 2021
Sep 2020
Jul 2018
May 2017
Mar 2016
Headcount over time
850 employees (2026-09) · 1 point
Offices
Palo Alto, United States · HQ / main office
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 · 12
Nissim Tapiro
Founder · CTO
Alon Huri
Founder · Advisor
Effi Fuks-Leichtag
Chief Product Officer
Teodora Gouneva
Chief Financial Officer
Eran Liron
Chief Strategy Officer
Chris Rhodes
Chief Insurance Officer
Joon-Soo Kim
VP of Marketing
Sofya Pogreb
COO
Michelle Cheung
Chief Corporate Officer
Omer Deutsch
CISO
Melanie Chase
Chief Marketing Officer
Sectors & technology
Primary sector
Insurance Technology
Technologies
Target customers
Business model
B2BDirect-to-consumer
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) | 850 |
| 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 |
|---|