Next Insurance
2016
FOUNDED
PRIVATE
STATUS
101-200
EMPLOYEES
Series C
LATEST DEAL TYPE
$250M
LATEST DEAL AMOUNT
11
INVESTORS
Description
Operator of an online business insurance platform designed to transform the insurance experience for small businesses. The company's platform offers general and professional liability insurance for sectors including contractors, fitness, cleaning, beauty, therapy, entertainment, and education, enabling small businesses to easily buy tailored insurance online at competitive rates.
Website
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Commercial/Professional Insurance
Primary Office
- PO Box 60787
- Palo Alto, CA 94306
- United States
+1 (855) 000-0000
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Next Insurance Valuation and Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 5. Later Stage VC (Series C) | 07-Oct-2019 | $250M | 00000 | 000 | Completed | Generating Revenue |
| 4. Later Stage VC (Series B) | 11-Jul-2018 | 0000 | 00000 | 00000 | Completed | Generating Revenue |
| 3. Early Stage VC (Series B2) | 27-Dec-2017 | 000 | 0000 | 00000 | Completed | Generating Revenue |
| 2. Early Stage VC (Series A) | 12-Jun-2017 | $35M | $48M | 00000 | Completed | Generating Revenue |
| 1. Seed Round | 15-Mar-2016 | $13M | $13M | 000.00 | Completed | Generating Revenue |
Next Insurance Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price |
% Owned |
|---|---|---|---|---|---|---|---|---|
| Series C1 | 000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series C | 00,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
| Series B2 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series B1 | 0,000,000 | 00.000000 | 00 | 00.00 | 00.00 | 00 | 00.00 | 0.000 |
| Series B | 15,481,926 | $0.001000 | 8% | $2.26 | $2.26 | 1x | $2.26 | 15.15% |
| Series A | 15,632,512 | $0.001000 | 8% | $0.83 | $0.83 | 1x | $0.83 | 15.29% |
Next Insurance Competitors (12)
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Embroker | Venture Capital-Backed | San Francisco, CA | 00 | 000.00 | 00000000000 | 000.00 |
| 00000 0000 | Venture Capital-Backed | New York, NY | 00 | 000.00 | 00000000000 | 000.00 |
| 00000000000 | Formerly VC-backed | New York, NY | 000 | 000.00 | 000000&0 | 000.00 |
| 000 | Corporation | Springfield, IL | 00 | |||
| 000000 | Formerly PE-Backed | Hamilton, Bermuda | 0000 | 00000000 |
Next Insurance Investors (11)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Board Seat |
Contact Info |
|---|---|---|---|---|---|---|
| Burst Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Global Founders Capital | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Redpoint Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | ||
| American Express Ventures | Corporate Venture Capital | Minority | 000 0000 | 000000 0 | ||
| Group 11 | Venture Capital | Minority | 000 0000 | 000000 0 |
Next Insurance Executive Team (7)
You’re viewing 5 of 7 executives. Get the full list »Next Insurance Board Members (7)
| Name | Representing | Role | Since | Contact Info |
|---|---|---|---|---|
| Eitan Bek | TLV Partners | Board Member | 000 0000 | |
| Elliot Geidt | Redpoint Ventures | Board Member | 000 0000 | |
| Guy Goldstein | Next Insurance | Co-Founder, Chief Executive Officer & Board Member | 000 0000 | |
| Matthew McElhattan | Munich Re Ventures | Board Member | 000 0000 | |
| Nick Shalek | Next Insurance | Board Member | 000 0000 |