Palo Alto based small business insurance provider raised $250m in new funding led by FinTLV Ventures and Battery Ventures.
Guy Goldstein, Next’s cofounder and chief executive, says 2021 is already poised to be a better year for business than last year. That holds true not just for Next, but for the more than 200,000 customers and counting across the U.S., to whom the company’s fortunes are tied. “We absolutely see a rebound,” says Goldstein of the COVID-19 bounce-back. He cites increased activity across the restaurant and retail sector as leading indicators of a recovery in the making.
https://fortune.com/2021/03/31/next-insurance-startup-doubles-valuation/?utm_content=2021033114pm