Next Insurance Next Insurance IPO
$2.53B
Series G Valuation, Nov 2023
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Company Details
Next Insurance, founded in 2016, is a developer of insurance technology designed to offer simple, digital and affordable coverage tailored to the self-employed. Striving to remove the traditional complexities of insurance, Next Insurance seeks to offer a simplified process, with the goal of making insurance coverage more accessible and affordable. Next Insurance is headquartered in Palo Alto, California, USA.
Sector
Subsector
Founded
2016
Forge Price 1
Price not yet available
Post-Money Valuation 3
$2.53B
Total Funding
$3.28B
LFR Price per Share
$xx.xx
Last Funding Share Class
Series G

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Can you invest in Next Insurance pre-IPO?

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Can you sell shares of Next Insurance before it goes public?

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To learn more about Next Insurance potential IPO

Will Next Insurance go IPO?

Next Insurance has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2025.

What is Next Insurance’s IPO price?

The Next Insurance IPO price does not exist at this time, as Next Insurance is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Next Insurance register for Forge Markets, today.

When was Next Insurance founded?

Next Insurance was founded in 2016.

What is Next Insurance funding to date?

Next Insurance has raised $3.28B to date.
Next Insurance Major Investors
Ms&Ad Ventures
Zeev Ventures
Ribbit Capital
Redpoint Ventures
Tlv Partners
Allianz X
Founders Circle Capital
Allstate
Undisclosed Investors
Hercules Capital
Group 11
Poalim Equity
Nationwide Ventures
Capitalg
Markel
Founders Circle
American Express Ventures
Burst Capital
University Growth Fund
Global Founders Capital
Munich Re
Battery Ventures
Munich Re Ventures
Fintlv
Fintlv Ventures
Fabrica Ventures
G Squared
Sgvc
Nationwide

Next Insurance Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
11/01/2023 Series G $265MM $xx.xx $2.53B Allianz X, Allstate
Price per Share
$xx.xx
Shares Outstanding
103,020,643
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Allianz X, Allstate
03/31/2021 Series F $250MM $xx.xx $4.01B Battery Ventures, Capitalg, Fintlv, Founders Circle, Group 11, G Squared, Zeev Ventures
Price per Share
$xx.xx
Shares Outstanding
10,100,193
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
5.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Battery Ventures, Capitalg, Fintlv, Founders Circle, Group 11, G Squared, Zeev Ventures
09/23/2020 Series E $250MM $xx.xx $2.26B Capitalg, Fintlv, Munich Re
Price per Share
$xx.xx
Shares Outstanding
16,553,989
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
5.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Capitalg, Fintlv, Munich Re
10/07/2019 Series D $250MM $xx.xx $1B Munich Re
Price per Share
$xx.xx
Shares Outstanding
29,164,722
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
5.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Munich Re
07/11/2018 Series C $78MM $xx.xx $334.77MM American Express Ventures, Munich Re, Nationwide, Redpoint Ventures, Ribbit Capital, Sgvc, Tlv Partners, Zeev Ventures
Price per Share
$xx.xx
Shares Outstanding
22,778,816
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
5.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
American Express Ventures, Munich Re, Nationwide, Redpoint Ventures, Ribbit Capital, Sgvc, Tlv Partners, Zeev Ventures
07/11/2018 Series C-1 $2.73MM $xx.xx $334.77MM American Express Ventures, Munich Re, Nationwide, Redpoint Ventures, Ribbit Capital, Sgvc, Tlv Partners, Zeev Ventures
Price per Share
$xx.xx
Shares Outstanding
796,551
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
5.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
American Express Ventures, Munich Re, Nationwide, Redpoint Ventures, Ribbit Capital, Sgvc, Tlv Partners, Zeev Ventures
12/27/2017 Series B-2 $5MM $xx.xx $181.42MM Undisclosed Investors
Price per Share
$xx.xx
Shares Outstanding
1,758,025
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
5.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
06/12/2017 Series B $35MM $xx.xx $150.68MM American Express Ventures, Group 11, Markel, Munich Re, Nationwide Ventures, Ribbit Capital, Tlv Partners, Zeev Ventures
Price per Share
$xx.xx
Shares Outstanding
15,481,926
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
5.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
American Express Ventures, Group 11, Markel, Munich Re, Nationwide Ventures, Ribbit Capital, Tlv Partners, Zeev Ventures
06/12/2017 Series B-1 $5MM $xx.xx $150.68MM American Express Ventures, Group 11, Markel, Munich Re, Nationwide Ventures, Ribbit Capital, Tlv Partners, Zeev Ventures
Price per Share
$xx.xx
Shares Outstanding
2,211,704
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
5.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
American Express Ventures, Group 11, Markel, Munich Re, Nationwide Ventures, Ribbit Capital, Tlv Partners, Zeev Ventures
03/15/2016 Series A $13MM $xx.xx $32.5MM Ribbit Capital, Tlv Partners, Zeev Ventures
Price per Share
$xx.xx
Shares Outstanding
15,632,512
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
5.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Ribbit Capital, Tlv Partners, Zeev Ventures
Private Companies Exploring an IPO
Last Funding Round
Company Forge Price Forge Price Change 5 Last Closed Trade Share Class Post-Money Valuation Price per Share Amount Raised
CerebrasCerebras$40.08+0.68%$xx.xxSeries F-1$2.84B$xx.xx$85MM
CoreWeaveCoreWeave$1,200.00+4.36%$xx.xxSeries C$19B$xx.xx$1.15B
ChimeChime$26.50+6.6%$xx.xxSeries G$24.93B$xx.xx$1.1B
KlarnaKlarna$370.00-1.33%$xx.xxUnknown$6.7B$xx.xx--
Liquid DeathLiquid Death$9.49+0.21%$xx.xxSeries F-1$1.4B$xx.xx$67.61MM
CircleCircle$25.50+3.2%$xx.xxSeries F$8.05B$xx.xx$401MM
NetskopeNetskope$12.03+8.67%$xx.xxSeries H$7.5B$xx.xx$300MM
CohesityCohesity$15.66-2.12%$xx.xxSeries H-1$4.69B$xx.xx$27.5MM
TuroTuro$13.00+0.31%$xx.xxSeries E$1.24B$xx.xx$240.52MM
Hinge HealthHinge Health$31.00-22.11%$xx.xxSeries E$6.2B$xx.xx$400MM

Updated on: Jan 22, 2025

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