Next Insurance Raises $250M in Series E Financing Round

// March 31, 2021

(Image credit: Mohamed Hassan.)

Next Insurance (Palo Alto), a startup direct seller of small business insurance announced today that it has raised $250 million in a Series E financing round led by led by FinTLV Ventures and Battery Ventures with participation from CapitalG, Group 11, Zeev Ventures, Founders Circle and G Squared bringing the company’s valuation to $4 billion and total funding raised to more than $880 million. Next Insurance contextualizes the round as following a “momentous” six months during which the company announced two acquisitions, added new strategic partners, and doubled its gross

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