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Next Insurance

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Offering simple, affordable insurance coverage solutions for small businesses

Palo Alto, United StatesFounded 2016Fintech
Valuation $2.5–5B Last recorded · 2025
Revenue $500M–1B Latest reported FY
Headcount 500–1k Current team size
Total funding $1–2.5B Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Next Insurance and the history behind them.

About Next Insurance

Next Insurance is a digital insurance company focused on providing coverage for small businesses, sole proprietors, and self-employed professionals. The company offers a range of insurance products, including general liability, professional liability, workers' compensation, commercial auto, and business owner's policies.

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Next Insurance operates on a direct-to-consumer model, utilizing an online platform and mobile app to deliver its services. This allows customers to obtain quotes, purchase policies, and manage their coverage digitally, often in a matter of minutes. The company leverages artificial intelligence and machine learning to tailor insurance policies to the specific needs of different industries, aiming to provide more accurate and affordable coverage. By removing the need for traditional insurance agents, Next Insurance streamlines the purchasing process and reduces overhead costs, passing those savings on to its customers. The company's target market includes a wide array of small businesses, from contractors and retailers to fitness instructors and consultants.

Source: Dealroom company data

At a glance

Founded
2016
Headquarters
Palo Alto, United States
Sector
Fintech
Power Law
Unicorn$1–10B valuation tierThoroughbred$100M+ revenue

Latest news

Press, funding announcements and product moves mentioning Next Insurance.

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Investors

18 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed3 investors entered at this stage

Series A8 investors entered at this stage

Series B and later7 investors entered at this stage

Employees mapped 568 incl. 31 AI specialists
Founders Hidden — book a demo/100 quality score
Key operators 11 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
8 countries with
team presence
🇺🇸 United States70.4%
🇮🇱 Israel28.5%
🇨🇦 Canada0.2%
🇧🇪 Belgium0.2%
🇨🇭 Switzerland0.2%
Top 5 of 8 shown
Web traffic by country
720K monthly visits
across markets
🇺🇸 United States93.8%
🇨🇦 Canada0.5%
🇵🇭 Philippines0.5%
🇳🇬 Nigeria0.5%
🇦🇺 Australia0.4%
Top 5 markets shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Next Insurance on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.