Next Insurance Raises $250M in Funding; Valued at $4 Billion

01 Apr, 2021

Next Insurance Raises $250M in Funding; Valued at $4 Billion
Photo by Ciprian Boiciuc on Unsplash

– Next Insurance, a Palo Alto, Calif.-based digital insurtech company transforming small business insurance, raised $250m in funding.
– The round was led by FinTLV Ventures and Battery Ventures with participation from CapitalG, Group 11, Zeev Ventures, Founders Circle and G Squared.
FinTLV Ventures founder and managing partner Gil Arazi and Battery Ventures general partner Michael Brown will join as board observers.
– The company intends to use the funds to continue to expand operations and its business reach.

Commercial Insurance Finance Insurance InsurTech North America Small and Medium Businesses
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