Founded Year

2017

Stage

Series D | Alive

Total Raised

$300.03M

Valuation

$0000 

Last Raised

$200M | 1 mo ago

About Newfront Insurance

Newfront Insurance is a modern commercial insurance brokerage. It combines brokers with time-saving technology to simplify insurance. Its brokers work alongside domain experts to deliver customized services. Its online application, customer portal, benchmarking, claims management, centralized billing, and certificate automation eliminates hassle. Newfront Insurance was founded in 2017 and is based in San Francisco, California.

Newfront Insurance Headquarter Location

450 Sansome St Suite 300

San Francisco, California, 94111,

United States

415-754-3635

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Newfront Insurance's Products & Differentiation

See Newfront Insurance's products and how their products differentiate from alternatives and competitors

  • Insurance

    Insurance for businesses

    Differentiation

    It is the ease, speed, and quality of service and expert advice that characterizes Newfront's offering 

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    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

  • Subscribe to see more

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

    Differentiation

    We're on a mission to enable every organization to make smarter decisions about tech. Whether it's finding a new game-changing vendor or understanding a new market, it's easier, faster and smarter with CB Insights. All made possible by the smartest, hardest-working team in tech. Subscribe to see more.

Research containing Newfront Insurance

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Newfront Insurance in 1 CB Insights research brief, most recently on Jul 11, 2019.

Expert Collections containing Newfront Insurance

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Newfront Insurance is included in 5 Expert Collections, including Agriculture Technology (Agtech).

A

Agriculture Technology (Agtech)

1,823 items

Companies that are using technology to make farms more efficient.

U

Unicorns- Billion Dollar Startups

1,118 items

I

Insurtech

1,955 items

Companies and startups that use of technology to improve core and ancillary insurance operations. Companies in this collection are creating new product architectures, improving underwriting models, accelerating claims and creating a better customer experience

F

Fintech

7,344 items

US-based companies

F

Fintech 250

250 items

250 of the top fintech companies transforming financial services

Newfront Insurance Patents

Newfront Insurance has filed 3 patents.

patents chart

Application Date

Grant Date

Title

Related Topics

Status

3/4/2013

4/16/2019

Video signal, Broadcast engineering, Computer connectors, USB, Electronic test equipment

Grant

Application Date

3/4/2013

Grant Date

4/16/2019

Title

Related Topics

Video signal, Broadcast engineering, Computer connectors, USB, Electronic test equipment

Status

Grant

Latest Newfront Insurance News

Stack Capital Invests $8 Million USD Into InsurTech Startup ‘Newfront’

May 4, 2022

Stack Capital has invested $8 million USD into preferred shares of Newfront Insurance, Inc. (“Newfront”), a leading provider of insurance, retirement solutions, and employee benefits. Stack Capital’s investment was completed alongside other Series D investors including Goldman Sachs, B Capital, Founders Fund, and Y Combinator amongst many others. Recently recognized as the winner of the 6th Annual Fintech Breakthrough Awards program for 2022, and member of the Forbes Fintech 50 list for 2021, Newfront is modernizing the insurance and benefits business through its innovative software-driven platform. With a clear objective to build an updated platform for clients, insurance professionals, and trading partners, Newfront has focused its efforts on replacing the antiquated paperwork and legacy systems of record in the insurance industry with an integrated system of action built on continuously improving software. By choosing to partner with insurance professionals and, by extension, their valuable client relationships which account for an estimated 98% of the market, Newfront has successfully created a platform that marries the legacy insurance brokerage business with new technology to help drive efficiencies. Through the automation of workflows and processes, Newfront insurance and benefits professionals have better tools at their disposal to improve productivity, which has ultimately led to average book growth that is 2x the industry average. Newfront also drives down the cost to serve, significantly reducing operating costs as a percentage of transacted revenue. Over time, the Newfront business model offers multiple drivers for growth as new insurance professionals become part of its platform, existing professionals increase sales productivity, and profitability improves with scale. “By focusing on meeting the needs of clients and insurance professionals, Newfront has built an innovative platform that has revolutionized the industry,” said Jeff Parks, CEO of Stack Capital. Jeff added, “Given its already sizable and established client base, strong growth rate, and profitability, we believe that Newfront is poised to capitalize on a significant market opportunity and we’re extremely happy to make it the latest addition to the Stack Capital portfolio. If you are an insurance professional in the United States who is looking for a better alternative – we highly recommend you consider the various benefits offered at Newfront.”

Newfront Insurance Web Traffic

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Page Views per Million (PVPM)
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  • When was Newfront Insurance founded?

    Newfront Insurance was founded in 2017.

  • Where is Newfront Insurance's headquarters?

    Newfront Insurance's headquarters is located at 450 Sansome St, San Francisco.

  • What is Newfront Insurance's latest funding round?

    Newfront Insurance's latest funding round is Series D.

  • How much did Newfront Insurance raise?

    Newfront Insurance raised a total of $300.03M.

  • Who are Newfront Insurance's competitors?

    Competitors of Newfront Insurance include USI Insurance Services and 2 more.

  • What products does Newfront Insurance offer?

    Newfront Insurance's products include Insurance and 2 more.

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