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Next Insurance to Acquire AP Intego, Build Integrated Digital Insurance Powerhouse Insurtech firm Next Insurance has signed a definitive agreement to acquire AP Intego, a digital insurance agency providing a suite of small commercial insurance products to some of the largest small business software ecosystems in the U.S., including Intuit, Gusto, Square and Toast. AP Intego’s platform provides an embedded insurance offering alongside its partners’ core products. With a foundation built around many of the leading payroll software providers, AP Intego delivers a digital buying experience ...
Next Insurance Funding Hits $881M After Latest $250M Round Next Insurance raised $250 million in new venture financing – a major cash infusion after a year of acquisitions and other actions to further growth. FinTLV Ventures and Battery Ventures led the Series E financing round. CapitalG, Group 11, Zeev Ventures, Founders Circle and G Squared also participated. As part of the new financing, FinTLV Ventures founder and Managing Partner Gil Arazi and Battery Ventures General Partner Michael Brown will join as board observers. Next Insurance, launched in 2016, has raised $881 million to date i...
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 - al...
News BriefsTech & Innovation Next Insurance founders Nissim Tapiro, Guy Goldstein, Alon Huri. Courtesy Israeli-founded insurtech company Next Insurance doubled its valuation to $4 billion in six months, raising another investment of $250 million, the company announced on Wednesday. The funding round was led by FinTLV Ventures and Battery Ventures, with participation from CapitalG, Group 11, Zeev Ventures, Founders Circle, and G Squared. Next Insurance last raised $250 million in September 2020 at a valuation of $2 billion. And the latest round brings its total capital raised to date to $880 m...