Here are the detailed descriptions for the top 3 Commercial Insurance unicorn startups in 2024:

  1. Next Insurance

    • Description: Next Insurance is a digital insurance provider specializing in coverage for small businesses and startups. They offer a range of tailored insurance products through their online platform.

    • Valuation: $4.00B (October 2019)

    • Location: Palo Alto, California, United States

    • Founded: 2016

    • Founders: Alon Huri, Guy Goldstein, Nissim Tapiro

    • Employees: 250-500

    • Funding: $881.00M

    • Funding Rounds: 6

    • Investors: 17

    • Website: Next Insurance

  2. PolicyBazaar

    • Description: PolicyBazaar operates as an online platform facilitating transparent comparisons of life insurance and general insurance products. It enables users to compare policies based on price and benefits.

    • Valuation: $2.40B (May 2019)

    • Location: Gurgaon, India

    • Founded: 2008

    • Founders: Alok Bansal, Avaneesh Nirjar, Manoj Sharma, Tarun Mathur, Yashish Dahiya

    • Employees: 10,000+

    • Funding: $633.78M

    • Funding Rounds: 13

    • Investors: 22

    • Website: PolicyBazaar

  3. Zego

    • Description: Zego is innovating in the self-employed insurance sector with a range of competitive products designed to serve freelancers and gig workers. Their offerings focus on flexibility and superior service.

    • Valuation: $1.10B (March 2021)

    • Location: London, England, United Kingdom

    • Founded: 2016

    • Founders: Harry Franks, Sten Saar, Stuart Kelly

    • Employees: 250-500

    • Funding: $255.50M

    • Funding Rounds: 6

    • Investors: 12

    • Website: Zego