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Newfront

Insurance Brokers · San Francisco, CA · Founded 2009 · Privately Held (backing)

Developer of an insurance brokerage technology intended to assist businesses in purchasing insurance packages based on insight-based recommendations. Newfront is based in San Francisco, CA and was founded in 2009. Its last known valuation is $1.3 billion. It has raised $312 million across 2 recorded rounds; the latest was a $200 million Series D in Apr 2022.

Last price · $/share
—
Implied valuation
$1.3B
Total raised
$312.1M
Last round
Later Stage VC (Series D)
Apr 2022

Newfront key facts

  • Developer of an insurance brokerage technology intended to assist businesses in purchasing insurance packages based on insight-based recommendations.
  • Newfront’s last known valuation is $1.3B.
  • It has raised $312.1M across 2 recorded rounds; the latest was Later Stage VC (Series D) ($200.0M) in Apr 2022.
  • Notable investors include Y Combinator, Bessemer Venture Partners, Liquid 2 Ventures, SV Angel, Founders Fund — 35 tracked in total.
  • Status: Privately Held (backing).
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Newfront funding rounds

2 rounds
Apr 2022Later Stage VC (Series D)$200.0M▮
Sep 2019Later Stage VC (Series B1)$45.0M▮
Full funding history →

Newfront valuation

Newfront's last known valuation is $1.3 billion. The figure stands until a priced round, a secondary trade or an institutional fund mark prices the stock again.

How much has Newfront raised?

Newfront has raised $312 million in total; 2 of its rounds are on record. The largest on record was a $45 million Series B1 in Sep 2019; the most recent was a $200 million Series D in Apr 2022.

Newfront investors

35 investors are on record for Newfront, including Y Combinator, Bessemer Venture Partners, Liquid 2 Ventures and SV Angel. By type, the record holds 21 venture capital firms and 3 angel investors. The Series D in Apr 2022 drew 19 investors.

About Newfront

Developer of an insurance brokerage technology intended to assist businesses in purchasing insurance packages based on insight-based recommendations. The company's technology includes monitoring and organizing leases, contracts, and related private information, assigning brokers to review quotes and coverage options, answering questions on insurance-related issues, handling renewals, claims, and certs, and recommending insurance packages, enabling clients to find policies from top insurance companies while avoiding confusing policy terms or painful renewal cycles.

Industry
Insurance Brokers
Sector
Financial Services
HQ
San Francisco, CA, United States
Founded
2009
Employees
706
Ownership
Privately Held (backing)

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Valuation on record
$1.3B

Newfront’s last known valuation. A PrivateMarketView mark is published once fund marks, secondary prints or a priced round let us confirm it.