Covrzy
Simplifying business insurance for Indian startups and SMEs
16 employees · est. 2022 · Bengaluru, India
Next Insurance
Offering simple, affordable insurance coverage solutions for small businesses
717 employees · est. 2016 · Palo Alto, United States
Next Insurance is the older company (2022 vs 2016); Next Insurance is the larger of the two.
Side-by-Side Comparison
| Metric | Covrzy | Next Insurance |
|---|---|---|
| Founded | ||
| Founded | 2022 | 2016 older |
| Headquarters | ||
| Headquarters | Bengaluru, India | Palo Alto, United States |
| Employees | ||
| Employees | 16 | 717 larger |
| Industry | ||
| Industry | Insurance | Not tracked yet |
| Funding Stage | ||
| Funding Stage | Pre Seed | Acquired |
| Total Funding | ||
| Total Funding | $32.00M | $3.75B |
| Funding Rounds | ||
| Funding Rounds | 1 | 8 |
| Services | ||
| Services | Not tracked yet | Instant Online Quote, Customizable Insurance Policies, Digital-first Platform, Small Business Focus, Bundled Discounts |
| Target Customers | ||
| Target Customers | Not tracked yet | Small Business Owners, Contractors, Consultants, Retail Owners, Construction Companies, Consultants, Beauty and Personal Care Professionals, Food & Beverage Businesses, Sports & Fitness Instructors, Arts & Entertainment Professionals |
| Taxonomy | ||
| Taxonomy | Business Insurance, SMEs, Commercial Insurance, Insurance Solutions, Digital-first Approach, Insurance Distribution, Insurance Products, Underinsurance Problem, Claims Support, Startup, Indian Businesses, Insurance Comparison, Insurtech, Insurance Marketplace, Insurance Technology | Small Business Insurance, Online Insurance Services, Self-Employed Insurance, Insurance Technology, Claims Investigation, Affordable Insurance Solutions, Technology-Driven Insurance, Entrepreneur Insurance, General Contractor Insurance, Personal Trainer Insurance, Digital Insurance Platform, Construction Industry Insurance, Consultant Insurance, Restaurant Insurance, Insurtech Startups |
| Website | ||
| Website | covrzy.com | nextinsurance.com |
About Covrzy
Covrzy is a startup based in India founded in 2022. The company's slogan "Simplifying business insurance for Indian startups and SMEs" reflects its core objective of re-inventing how Indian businesses purchase and utilize commercial insurance products. Covrzy's platform offers a quick comparison and...
About Next Insurance
Next Insurance, founded in 2016, has been making significant strides in revolutionizing insurance coverage for small businesses. With the mission of offering "simple, affordable insurance coverage solutions for small businesses," the company has successfully carved out a niche market, providing spec...
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Funding, hiring, leadership and stack changes at Covrzy and Next Insurance — by email.
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Compiled from the BounceWatch company index. We last looked at Covrzy on 12 Sep 2024, and Next Insurance on 1 May 2026. Where a field is blank here, it means we have not recorded it — not that the answer is zero. How we source and date this.
