Next Insurance has been acquired by Munich Re. The final valuation stands at $600M. No standalone ticker exists for the company.
1 valuation. The latest, $600M post-money, was set by the Series C in Sep 2020.
Battery VenturesLEADMMunich ReLEADAAllstateLEAD
Allianz XLEAD
Sapphire VenturesLEADFFelicis VenturesAAmity VenturesBattery VenturesMunich ReAllstateNEXT Insurance, now branded ERGO NEXT Insurance, is an online insurance agency founded in 2015 that sells small business insurance. Fast quotes and instant coverage with competitive rates are totally tailored for 1,300-plus professions, spanning general liability, product liability, and workers' compensation coverage, and the brand now unites digital-first innovation with Munich Re's global financial strength.
ERGO NEXT has earned an A+ (Superior) financial strength rating. Its product liability insurance, a part of a general liability insurance policy, could help protect a retail store, online seller or manufacturer if a customer claims a product defect caused injury or property damage, and it starts at $19 a month.
Listed funds carry late-stage private names. A fund's latest schedule of investments shows whether it holds Next Insurance.
Often trade at a premium or discount to NAV.
Platforms match existing holders with buyers. Next Insurance availability at any moment is set by the holders.
High minimums, transfer approval, company right-of-first-refusal.
Valuations, rounds and IPO status for every company in the directory — Next Insurance included.
The closest insurance/insurtech peers are on the competitors page.
The routes section explains what is realistically available for a company at this stage.
No. Next Insurance was acquired by Munich Re; its shares do not trade independently.
The last valuation is $600M.
Lead investors for each round are in the funding timeline.
Perpetual markets for stocks, gold, indices and pre-IPO names — settled on-chain, no wallet-to-exchange transfers.
