Newfront Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 800

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 35

Newfront General Information

Description

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 and answer 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.

Contact Information

Website
www.newfront.com
Formerly Known As
Abe Labs
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Corporate Office
  • 550 California Street
  • Suite 302
  • San Francisco, CA 94104
  • United States
Primary Industry
Insurance Brokers
Vertical(s)
InsurTech
Corporate Office
  • 550 California Street
  • Suite 302
  • San Francisco, CA 94104
  • United States

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Newfront Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
7. Later Stage VC 01-Oct-2023 Completed Generating Revenue
6. Later Stage VC (Series D) 12-Apr-2022 Completed Generating Revenue
5. Later Stage VC (Series C) 20-Oct-2020 Completed Generating Revenue
4. Early Stage VC (Series B1) 17-Sep-2019 Completed Generating Revenue
3. Early Stage VC (Series B) 16-Jan-2019 Completed Generating Revenue
2. Accelerator/Incubator 01-Jan-2018 $120K $9.1M Completed Generating Revenue
1. Early Stage VC (Series A3) 24-Jul-2017 $9M $9M Completed Generating Revenue
To view Newfront’s complete valuation and funding history, request access »

Newfront Cap Table

Stock # of Shares
Authorized		 Par Value Dividend Rate ($) Original
Issue Price		 Liquidation Liquidation
Pref. Multiple		 Conversion Price % Owned
Series B1
Series B
Series A3
Series A2 1,633,980 $0.000001 $0 $0.06 $0.06 1x $0.06 0.52%
Series A1 32,449,600 $0.000001 $0 $0.09 $0.09 1x $0.09 10.24%
To view Newfront’s complete cap table history, request access »

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Newfront Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Developer of an insurance brokerage technology intended to assist businesses in purchasing insurance packages based on i
Insurance Brokers
San Francisco, CA
800 As of 2025

Fort Worth, TX
 

McLean, VA
 
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Newfront Competitors (20)

One of Newfront’s 20 competitors is Higginbotham, a Private Equity-Backed company based in Fort Worth, TX.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Higginbotham Private Equity-Backed Fort Worth, TX
Sahouri Insurance Corporation McLean, VA
Rogers Insurance Agency (Insurance Brokers) Corporate Backed or Acquired Rogers, AR
Alliant Insurance Services Private Equity-Backed Irvine, CA
BFL Canada Private Equity-Backed Montreal, Canada
You’re viewing 5 of 20 competitors. Get the full list »

Newfront Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

Key Data Points

Similarweb Unique Visitors

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Newfront Investors (35)

Investor Name Investor Type Holding Investor Since Participating Rounds
A* Venture Capital Minority
CE Innovation Capital Corporate Venture Capital Minority
Interplay Ventures Venture Capital Minority
Kivu Ventures Venture Capital Minority
Mischief Venture Capital Minority
You’re viewing 5 of 35 investors. Get the full list »

Newfront Acquisitions (2)

Newfront’s most recent deal was a Merger/Acquisition with ABD Insurance & Financial Services for . The deal was made on 19-Aug-2021.

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
ABD Insurance & Financial Services 19-Aug-2021 Merger/Acquisition Other Insurance
Aviation Marine Insurance Services 18-May-2021 Merger/Acquisition Insurance Brokers
To view Newfront’s complete acquisitions history, request access »

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Newfront Affiliates

Subsidiaries (1)

Name Industry Location Year Founded
Aviation Marine Insurance Services Sausalito, CA 1976

Newfront FAQs

  • When was Newfront founded?

    Newfront was founded in 2017.

  • Where is Newfront headquartered?

    Newfront is headquartered in San Francisco, CA.

  • What is the size of Newfront?

    Newfront has 800 total employees.

  • What industry is Newfront in?

    Newfront’s primary industry is Insurance Brokers.

  • Is Newfront a private or public company?

    Newfront is a Private company.

  • What is Newfront’s current revenue?

    The current revenue for Newfront is .

  • How much funding has Newfront raised over time?

    Newfront has raised $312M.

  • Who are Newfront’s investors?

    A*, CE Innovation Capital, Interplay Ventures, Kivu Ventures, and Mischief are 5 of 35 investors who have invested in Newfront.

  • Who are Newfront’s competitors?

    Higginbotham, Sahouri Insurance, Rogers Insurance Agency (Insurance Brokers), Alliant Insurance Services, and BFL Canada are some of the 20 competitors of Newfront.

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