Next Insurance Inc.

www.nextinsurance.com

Now Next Insurance (an ERGO Group company)

High-Tech Company

Acquired by ERGO Group

TECH VERTICALS

Insurtech Artificial Intelligence, Automation, B2B, Big Data, Business Intelligence, Data Analytics, FinTech, Machine Learning, Predictive Analytics, Risk Management, SaaS, SMB, Underwriting Technologies

General Data

Sector	Enterprise Software & Infrastructure
Company Stage:	Revenue Growth
Established	2015
Number of Employees	700
Employees in Israel	180

DESCRIPTION

Next Insurance is a digital insurance provider focused on serving small businesses and entrepreneurs. The company uses technology to simplify the process of buying, managing, and claiming business insurance policies. Its platform offers tailored coverage (e.g., general liability, workers’ compensation, professional liability) through an online, AI-driven system that automates underwriting, risk assessment, and policy management.

TECHNOLOGY

Fully digital underwriting, pricing, and policy issuance engine.

ESTIMATED ANNUAL SALES

Year	Amount
2024	500
2023	490
2022	480
2021	470
2020	460
2018	450
2017	440
2016	430

	TARGET MARKETS
	U.S.-based small and medium enterprises (SMBs).

	BUSINESS MODEL
	B2B

CONTACT INFO

Expand / Collapse All

Main Address: Palo Alto, United States

Address	975 California Ave.
POB	1027
City	Palo Alto
State/Province	CA
Country	United States
Zip	94304

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

Branch Address: Kfar Saba, Israel

Address	1 Atir Yeda St.
City	Kfar Saba
Country	Israel
Zip	4464301

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Guy Goldstein	Co-Founder
Mr. Alon Huri	Co-Founder	Check (CTO)
Mr. Nissim Tapiro	Co-Founder	Intuit Israel (Site Manager & Director of Engineering)

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Jul. 01, 2025

Revenue Growth

abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

Expand / Collapse All

Round

Date

Stage

Amount

Valuation

Seventh Round

Nov. 01, 2023

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Corporate VC	abCDe	Led the round

Sixth Round

Mar. 31, 2021

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Corporate VC	abCDe	Investment made by the Munich Re Fund.
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe	Through an SPV with TLV Partners
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe

Fifth Round

Sep. 23, 2020

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe	Led the round
abC Defghij	Corporate VC	abCDe
abC Defghij	Corporate VC	abCDe	Investment made by the Munich Re Fund.
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Institutional Investor	abCDe

Secondary Deal

Mar. 26, 2020

Revenue Growth

abCDe

Sold by Zeev Ventures.

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Other	abCDe

Fourth Round

Oct. 07, 2019

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe	Investment made by the Munich Re Fund.
abC Defghij	Institutional Investor	abCDe

Third Round

Jul. 11, 2018

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Corporate VC	abCDe	Investment made by the Munich Re Fund.
abC Defghij	Corporate VC	abCDe
abC Defghij	Venture Studio	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Private Investor	abCDe

Second Round

Dec. 27, 2017

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Venture Studio	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Investment Bank	abCDe

First Round

May. 03, 2017

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Corporate VC	abCDe
abC Defghij	Corporate VC	abCDe	Investment made by the Munich Re Fund.; Led the round
abC Defghij	Venture Studio	abCDe
abC Defghij	Institutional Investor	abCDe
abC Defghij	Private Investor	abCDe
abC Defghij	Investment Bank	abCDe

Seed

Mar. 15, 2016

Seed

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe
abC Defghij	Venture Capital Fund	abCDe	Led the round

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Jun. 01, 2020

Revenue Growth

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe

	Acquisitions made by Next Insurance

Acquired Company	Sector	Date	Amount	Remarks
abC Defghij	Enterp...	Mar. 03, 2021	abCDe
abC Defghij	N/A	Jan. 01, 2021	abCDe
abC Defghij	Enterp...	Dec. 10, 2020	abCDe

Last Updated:	abCDe
IVC Number:	abCDe