Newfront

Newfront is a modern insurance brokerage that leverages technology to vastly simplify the buying process for clients and the selling process for brokers.

Newfront is transforming the delivery of risk management, employee experience, insurance, and retirement solutions by building the modern insurance platform. 

Newfront was founded in 2017 by Spike ‍Lipkin and Gordon ‍Wintrob. The company is headquartered in San Francisco, California, with offices in Washington, Illinois, and New York.

 

Newfront's platform provides comprehensive risk management powered by advanced technology and a client-obsessed culture. Transparent data delivered real-time translates into a lower total cost of risk and greater insights.

 

Newfront's unique approach recognizes both the vast potential of technology and the fundamental role of insurance experts. They are a technology-driven company with DE&I in our DNA.

 

Newfront serves over 10,000+clients across 20+ industry & service groups. The company's 120+ brokers have handled insurance for Uber, Zenefits, Segment, Optimizely, and many others.

 

Newfront is backed by Goldman Sachs Asset Management, B Capital, Founders Fund, Meritech Capital, Argo Ventures, Index Ventures, Bloomberg Beta, XYZ,Y Combinator, and others. The company raised $200M in new financing on Apr 12, 2022. This brings Newfront's total funding to $310M to date. The latest round mint Newfront a unicorn with a valuation of $2.2B post-money.

 

 

  • Year founded: 2017
  • Funding Info: $310M over 5 Rounds (Latest Funding Type: Series D)
  • Yearly Revenue: NA
  • Employee Size: 201-500
  • Business Valuation: Valued at $2.2B as of Apr 12, 2022
  • City/Town: San Francisco
  • State: California
  • Country: United States
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