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Total Raised

$1.146B

Investors Count

19

Deal Terms

5

Funding, Valuation & Revenue

9 Fundings

Next Insurance has raised $1.146B over 9 rounds.

Next Insurance's latest funding round was a Series F for $265M on November 1, 2023.

Next Insurance's valuation in March 2021 was $4,000M.

Next Insurance's latest post-money valuation is from March 2021.

Sign up for a free demo to see Next Insurance's valuations in September 2020, October 2019 and more.

Date

Round

Amount

Investors

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Revenue

Sources

11/1/2023

Series F

$265M

$XXM

0

FY undefined

5

7/22/2021

Corporate Minority

$XXM

0

FY undefined

10

3/31/2021

Series E

$XXM

$4,000M

0

FY undefined

10

9/23/2020

Series D

$XXM

$XXM

0

FY undefined

10

10/7/2019

Series C

$XXM

$XXM

0

FY undefined

10

Date

11/1/2023

7/22/2021

3/31/2021

9/23/2020

10/7/2019

Round

Series F

Corporate Minority

Series E

Series D

Series C

Amount

$265M

$XXM

$XXM

$XXM

Investors

Valuation

$XXM

$XXM

$4,000M

$XXM

$XXM

Revenue

0

FY undefined

0

FY undefined

0

FY undefined

0

FY undefined

0

FY undefined

Sources

5

10

10

10

10

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Next Insurance Deal Terms

5 Deal Terms

Next Insurance's deal structure is available for 5 funding rounds, including their Series E from March 31, 2021.

Round

Series E

Series D

Series C

Series B

Seed

Funding Date

$XXM

$XXM

$XXM

$XXM

$XXM

Pre-Money Valuation

$XXM

$XXM

$XXM

Post-Money Valuation

$XXM

$XXM

$XXM

Amount Raised

$XXM

$XXM

$XXM

$XXM

$XXM

Shares Authorized

Issuance Price

$XXM

Dividend Rate

$XXM

Liquidation Preferences

$XXM

Liquidation Price

Participation

Conversion Price

Anti Dilution

$XXM

General Voting

$XXM

$XXM

$XXM

$XXM

$XXM

Board Voting

$XXM

$XXM

$XXM

$XXM

$XXM

Par Value

Round

Funding Date

Pre-Money Valuation

Post-Money Valuation

Amount Raised

Shares Authorized

Issuance Price

Dividend Rate

Liquidation Preferences

Liquidation Price

Participation

Conversion Price

Anti Dilution

General Voting

Board Voting

Par Value

Series E

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

Series D

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

Series C

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

Series B

$XXM

$XXM

$XXM

$XXM

Seed

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

$XXM

Next Insurance Investors

19 Investors

Next Insurance has 19 investors. Allstate Strategic Ventures invested in Next Insurance's Series F funding round.

First funding

Last Funding

Investor

Rounds

Board Seats

Type

Location

11/1/2023

11/1/2023

1
Series F

Corporate Venture

Illinois

11/1/2023

11/1/2023

1
Series F

Corporate Venture

Germany

7/22/2021

7/22/2021

1
Corporate Minority

Corporation

Japan

00/00/0000

00/00/0000

Group 11

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Venture Capital

California

00/00/0000

00/00/0000

Zeev Ventures

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Venture Capital

California

First funding

11/1/2023

11/1/2023

7/22/2021

00/00/0000

00/00/0000

Last Funding

11/1/2023

11/1/2023

7/22/2021

00/00/0000

00/00/0000

Investor

Group 11

Zeev Ventures

Rounds

1
Series F
1
Series F
1
Corporate Minority

Subscribe to see more

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Board Seats

Type

Corporate Venture

Corporate Venture

Corporation

Venture Capital

Venture Capital

Location

Illinois

Germany

Japan

California

California

Next Insurance Acquisitions

2 Acquisitions

Next Insurance acquired 2 companies. Their latest acquisition was Ap Intego Insurance on March 03, 2021.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

3/3/2021

$XXM

Acquired

11

12/10/2020

Other

Subscribe to see more

$XXM

Subscribe to see more

10

Date

3/3/2021

12/10/2020

Investment Stage

Other

Companies

Subscribe to see more

Valuation

$XXM

$XXM

Total Funding

Note

Acquired

Subscribe to see more

Sources

11

10

CB Insights
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Trusted by the world's smartest companies to:
  • Predict emerging trends
  • See competitors' playbooks
  • Stalk the smart money
  • Identify tomorrow's challengers
  • Spot growing industries
  • Kill analyst data work
Let's see how we can help you!
MicrosoftWalmartWells Fargo

Compare Next Insurance to Competitors

L
Liberty Mutual Insurance

Liberty Mutual Insurance specializes in property and casualty insurance, providing a wide range of personal and commercial insurance products. The company offers insurance coverage for vehicles, homes, businesses, and lives, as well as protection against identity theft and for pets. Liberty Mutual Insurance primarily serves individual consumers and businesses across various industries with their insurance needs. Liberty Mutual Insurance was formerly known as Massachusetts Employees Insurance Association. It was founded in 1912 and is based in Boston, Massachusetts.

N
Nationwide Mutual Insurance Company

Nationwide Mutual Insurance Company operates as a diversified insurance and financial services organization. The company offers a range of insurance products including vehicle, property, personal, and business insurance, as well as financial services such as retirement plans, annuities, and mutual funds. Nationwide primarily serves individuals and businesses seeking insurance and financial planning solutions. Nationwide Mutual Insurance Company was formerly known as Farm Bureau Mutual Automobile Insurance Company. It was founded in 1926 and is based in Columbus, Ohio.

Frontline Insurance Logo
Frontline Insurance

Frontline Insurance focuses on providing insurance services, specifically in the home and commercial property insurance sector. The company offers a range of insurance policies to cover home, liability, and property needs, providing protection for homeowners and commercial properties. It primarily serves the insurance industry, with a focus on coastal homeowners. It was founded in 1998 and is based in Lake Mary, Florida.

Embroker Logo
Embroker

Embroker is a digital insurance brokerage firm specializing in business insurance solutions across various industries. The company offers a range of commercial insurance packages, including professional liability, cybersecurity, and directors and officers insurance, tailored to meet the specific needs of businesses. Embroker primarily serves sectors such as startups, law firms, tech companies, and financial services. It was founded in 2015 and is based in San Francisco, California.

H
Hiscox USA

Hiscox USA specializes in small business insurance across various industries, offering a range of specialty risk solutions. The company provides essential coverage such as general liability, professional liability, and business owner policies, as well as cyber security and workers' compensation insurance. Hiscox USA caters to a diverse clientele, including professions in architecture, engineering, health and wellness, consulting, and artisan subcontracting. It was founded in 1901 and is based in Atlanta, Georgia.

A
AmTrust Financial Services

AmTrust Financial Services is a multinational property and casualty insurance company with a focus on small commercial business insurance, specialty risk and extended warranty, and specialty middle-market property and casualty program insurance. The company offers a range of insurance products including workers' compensation, businessowners policy, commercial package, cyber insurance, and general liability. AmTrust serves various industries such as auto repair, contractors, financial institutions, healthcare, and retail, among others. It was founded in 1998 and is based in New York, New York.

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