The Israeli InsurTech Unicorn secures half of a billion dollars in 6 months, almost doubling its valuation Oshry Alkeslasi / 4 Apr 2021 • 2 min read InsurTech startup Next Insurance continues its roar on the insurance scene, closing a $250 million Series E round. The investment was led by FinTLV and Battery Ventures, while Founders Circle, Zeev Ventures, Group 11, CapitalG, and G Squared also got in on the action. Next lands its Series E at a valuation of $4 billion - almost doubling the startup’s valuation from a September 2020 round. Six months later: Valuation doubled The Series E comes just 6 months following the company’s last round, when it raised $250 million from CapitalG at a $2.2 billion valuation. Since then, Next has acquired American startup Juniper Labs, which experts in ML and Big Data focused on the insurance sector. Earlier this month, Next also announced that Amazon will start marketing its insurance products to small businesses in the U.S.