[ Next Insurance raises $29M in Series B ]
Next Insurance has raised $29 million in Series B funding.
Founded in 2016, Next Insurance is an online insurance platform that targets small to medium-sized businesses. Next Insurance partners with existing insurance providers to actually issue the policies, with Next focusing on packaging the policies within its technology platform.
With the new funds the company will double down on building out its insurance products and expanding into new sectors.
|City||Palo Alto, California|
|Founder / CEO||Guy Goldstein|
|Investors||Nationwide Building Society|
|Munich Re / HSB Ventures|
|Previous Investors||Ribbit Capital|