Next Insurance Raises $250 Million in Series D Financing to Lead Major Shift in Insurance for Small Business Owners Led by CapitalG new financing solidifies Next Insurance as the one-stop-shop for small business insurance and brings the company's valuation to more than $2 billion PALO ALTO, Calif., September 23, 2020-- Next Insurance, the leading digital insurtech company transforming small business insurance, today announced that it has raised $250 million in Series D financing led by CapitalG, Alphabet's independent growth fund, with participation from FinTLV, a global leading insurtech VC, and existing investor Munich RE Group.