Day: April 1, 2021

Subsequent Insurance coverage raises $250M, doubling its valuation to $4B in underneath a yr – TechCrunch

Subsequent Insurance coverage not too long ago introduced that it has raised a $250 million spherical, valuing the SMB-focused insurance coverage supplier at $4 billion. The corporate final raised one other $250 million in September 2020, at a valuation of $2 billion. This funding additionally comes after Subsequent Insurance coverage acquired Juniper Labs in December, and AP Intego extra not too long ago.

Subsequent sells small-business protection throughout a lot of classes (employees comp, industrial auto, normal legal responsibility, and so on.) for various courses of employees. Assume health firms, or building issues. Put collectively, Subsequent’s wager is that its capacity to cost protection throughout completely different classes and industries will enable it to scale its gross written premium (GWP) shortly by attracting myriad small companies, and upselling them to different merchandise over time.

Subsequent Insurance coverage’s new spherical and new valuation come at an attention-grabbing time for the insurtech

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Extra laptops and tablets, fewer desktops. How distant working is altering the {hardware} we use

Gartner predicts that 6.2 billion laptops, tablets and smartphones will likely be used around the globe in 2021, as organizations embrace remote- and hybrid-working kinds.

Laptop computer and tablets have grown in reputation whereas individuals have been working from dwelling.

Picture: iStock/monkeybusinessimages

Distant working and studying has modified our use of laptops, PCs and smartphones, with a brand new forecast from tech analyst Gartner predicting {that a} whole of 6.2 billion gadgets will likely be used around the globe in 2021.

The pandemic has already modified our utilization patterns on the subject of expertise, with extra individuals turning to laptops and tablets for getting work performed.

In keeping with Gartner, the variety of laptops and tablets in use will improve 8.8% and 11.7% respectively in 2021, whereas the variety of desk-based PCs in use is anticipated to say no from 522 million final 12 months, to 470 million in use

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Elon Musk hiring “a number of thousand” folks to work at SpaceX Starbase in Texas

Musk tweeted that he wants extra staff, and he’s giving $30 million to the neighborhood the place SpaceX launches its prototype Mars rockets.

Picture: iStock/Andrei Stanescu

Should you’re an engineer, technician or builder and also you’re prepared to maneuver to the Brownsville/South Padre, Texas space, Elon Musk has the job for you. 

On Tuesday, Musk tweeted that he is searching for staff at SpaceX, and in lower than 24 hours, his put up acquired over 162,000 likes and greater than 20,000 retweets. This follows on the heels of Musk saying he was donating $20 million to Cameron County colleges and $10 million to the Metropolis of Brownsville for downtown revitalization. Brownsville is the county seat for Cameron County and the standard of faculties is all the time a giant draw for anybody with youngsters. 

SEE: Elon Musk and the cult of Tesla: How a tech startup rattled the auto trade

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