May 4, 2017 | Israeli insurtech company Next Insurance has raised $29 million in a Series A funding round led by Munich Re/HSB Ventures along with Markel, Nationwide, and other existing investors. The announcement follows their recent release of the first ever Facebook chatbot for small business insurance. With offices in Palo Alto, California and Kfar Saba near Tel Aviv, Next Insurance is a digital insurance company for small to medium businesses. The company was founded in 2015 by CEO Guy Goldstein, Nissim Tapiro, and Alon Huri. All three were executives at mobile payments company Check, which was acquired by Intuit in 2014 for nearly $400 million. Next insurance has raised $42 million to date and has 25 employees, 13 of them in Israel.