Next Insurance Stock

next-insurance.comFinTech / InsuranceFounded: 2016Funding to Date: $3.28B

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.

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Next Insurance Stock Price

Forge Price 1
Price not yet available
Last Closed Trade 2
Close Date
xx/xx/xx
Last Closed Trade Price
$xx.xx
Last Funding Round (LFR)
Date
xx/xx/xx
Price per Share
$xx.xx

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-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
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
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-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
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
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

Next Insurance Investors Also Invested in These Private Companies

Poalim Equity
Nationwide Ventures
University Growth Fund
Munich Re Ventures
Fintlv Ventures

Leadership & Board

Leadership

Guy Goldstein
Co-Founder & Chief Executive Officer
Teodora Gouneva
Chief Financial Officer
Nissim Tapiro
Co-Founder & Chief Technology Officer
Chris Rhodes
Chief Insurance Officer
Effi Leichtag
Chief Product Officer
Alon Huri
Co-Founder & Chief Growth Research Officer
Eran Liron Ph.D
Chief Strategy Officer

Board

Eitan Bek
TLV Partners
Elliot Geidt
Redpoint Ventures
Gil Arazi
FinTLV Ventures
Matthew McElhattan
Munich Re Ventures
Michael Brown
Battery Ventures
Oren Zeev
Zeev Ventures

Next Insurance stock FAQs

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Can you buy Next Insurance stock?

As Next Insurance is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Next Insurance, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
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How to buy Next Insurance stock?

To invest in a private company like Next Insurance through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)

  1. Create a free account to access Forge’s marketplace.
  2. Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
  3. Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
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Can you sell Next Insurance stock?

Yes, you may sell the Next Insurance stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
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How to sell Next Insurance stock?

If you hold private company shares of Next Insurance – whether as an employee or an early investor – Forge can help you sell them.

  1. Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
  2. Indicate your interest to sell your Next Insurance on our platform.
  3. Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
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Is Next Insurance a public company?

No, Next Insurance is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
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What is Next Insurance’s stock price?

Next Insurance is a privately held company and therefore does not have a public stock price. However, you may access Next Insurance private market stock price with Forge Data.
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What is Next Insurance’s stock ticker symbol?

Next Insurance does not have an official ticker symbol because this company is not currently publicly traded.
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Can institutional investors buy and sell private market stocks?

Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.

Next Insurance News and Media Highlights

Next Insurance Raises $265M in Funding

Next Insurance, a Palo Alto, CA-based technology-first small business insurer, raised $265M in funding. Backers included The Allstate Corporation (NYSE: ALL) and Allianz X. Next also entered partnerships with Allstate and Allianz X. The company will provide its products to Allstate customers, expanding its footprint to even more small businesses nationwide. NEXT and Allstate will co-develop innovative and commercial auto products to target market of 33 million small businesses. The deal with Allianz Re bolsters Next’s reinsurance relationship with a multi-year commitment.

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

Next Insurance, a Palo Alto, Calif.-based digital insurtech company transforming small business insurance, raised $250m in funding

Next Insurance raises $250M, doubling its valuation to $4B in under a year – TechCrunch

Next Insurance recently announced that it has raised a $250 million round, valuing the SMB-focused insurance provider at $4 billion. The company last raised another $250 million in September 2020, at a valuation of $2 billion. This funding also comes after Next Insurance acquired Juniper Labs in De…

Next Insurance Teams Up With Amazon Business to Provide EligibleSmall Businesses With Affordable Digital Insurance Options

Click HERE to find out ⭐ Next Insurance Teams Up With Amazon Business to Provide EligibleSmall Businesses With Affordable Digital Insurance Options. | Crowdfund Insider: Global Fintech News, including Crowdfunding, Blockchain and more.
Browse Insights
Updated on: Dec 13, 2024

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