Tech Company Financing Transactions
Next Insurance Funding Round
On 11/1/2023, Next Insurance raised $265 million in Series F funding from Allianz X and Allstate.
Transaction Overview
Company Name
Announced On
11/1/2023
Transaction Type
Venture Equity
Amount
$265,000,000
Round
Series F
Proceeds Purpose
The company intends to use the funds to accelerate its path to profitability and continue expanding its distribution efforts nationwide.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
PO Box 60787
Palo Alto, CA 94306
USA
Palo Alto, CA 94306
USA
Phone
Website
Email Address
Overview
Next Insurance's mission is to transform the insurance experience for small businesses, giving them a process that's online, transparent, fast and complete.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to document every notable VC transaction. All VC database entries reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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