Newfront Overview

  • Year Founded
  • 2017

Year Founded

  • Status
  • Private

  • Employees
  • 733

Employees

  • Latest Deal Type
  • Later Stage VC

  • Investors
  • 30

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 the best policies from top insurance companies while avoiding confusing policy terms or painful renewal cycles.

Contact Information

Formerly Known As
Abe Labs
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Insurance Brokers
Corporate Office
  • 450 Sansome Street
  • Suite 300
  • San Francisco, CA 94111
  • United States
+1 (415) 000-0000

Newfront Timeline

2021202220232024
Financing RoundCaptured Employee CountEstimated Employee Growth

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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 00000 Completed Generating Revenue
6. Later Stage VC (Series D) 12-Apr-2022 00000 00000 00.00 Completed Generating Revenue
5. Later Stage VC (Series C) 20-Oct-2020 0000 00000 00000 Completed Generating Revenue
4. Early Stage VC (Series B1) 17-Sep-2019 0000 000.00 00000 Completed Generating Revenue
3. Early Stage VC (Series B) 16-Jan-2019 0000 000.00 00000 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 0000 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 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series B 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series A3 00,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
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 »

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
733 As of 2024
00000
0000000000 0 00000

000000

Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu
000000000 0000000
Fort Worth, TX
0000 As of 0000
00.000
0000000 0000 00.000

000000

consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolo
000000000 0000000
McLean, VA
00 As of 0000
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Newfront Competitors (16)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Higginbotham Private Equity-Backed Fort Worth, TX 0000 00.000 0000000 0000 00.000
Sahouri Insurance Corporation McLean, VA 00
EverQuote Formerly VC-backed Cambridge, MA 000 00000 000000000 00000
Alliant Insurance Services Private Equity-Backed Irvine, CA 00000 00.000 000000000000 00.000
Bolton & Company Private Equity-Backed Pasadena, CA 000 000000000000
You’re viewing 5 of 16 competitors. Get the full list »

Newfront Executive Team (22)

Name Title Board Seat Contact Info
Spike Lipkin Co-Founder & Co-Chief Executive Officer
Debby Letourneau Co-Chief Executive Officer
Kurt de Grosz Executive Chairman & President
Brian Hetherington President & Chairman
Alex Ip Co-Chief Financial Officer
You’re viewing 5 of 22 executive team members. Get the full list »

Newfront Board Members (6)

Name Representing Role Since
Brian Hetherington Newfront President & Chairman 000 0000
Courtney Leimkuhler Self Board Member 000 0000
Katherine August-deWilde Self Board Member 000 0000
Kevin Hartz Founders Fund Board Member 000 0000
Kurt de Grosz Newfront Executive Chairman & President 000 0000
You’re viewing 5 of 6 board members. Get the full list »

Newfront Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Newfront Investors (30)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
CE Innovation Capital Venture Capital Minority 000 0000 000000 0
Altai Ventures Venture Capital Minority 000 0000 000000 0
B Capital Group Venture Capital Minority 000 0000 000000 0
Fifth Down Capital Venture Capital Minority 000 0000 000000 0
Friends & Family Capital Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 30 investors. Get the full list »

Newfront Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
ABD Insurance & Financial Services 19-Aug-2021 0000000000 00.000 Other Insurance 00000 000
Aviation Marine Insurance Services 18-May-2021 Merger/Acquisition Insurance Brokers 00000 000
To view Newfront’s complete acquisitions history, request access »

Newfront Subsidiaries (1)

Company Name Industry Location Founded
Aviation Marine Insurance Services Insurance Brokers Sausalito, CA 0000
To view Newfront’s complete subsidiaries history, request access »

Newfront FAQs

  • When was Newfront founded?

    Newfront was founded in 2017.

  • Who is the founder of Newfront?

    Spike Lipkin, Gordon Wintrob, and Forrest Wittenmeier are the founders of Newfront.

  • Who is the CEO of Newfront?

    Spike Lipkin and Debby Letourneau are the CEOs of Newfront.

  • Where is Newfront headquartered?

    Newfront is headquartered in San Francisco, CA.

  • What is the size of Newfront?

    Newfront has 733 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 00000.

  • How much funding has Newfront raised over time?

    Newfront has raised $312M.

  • Who are Newfront’s investors?

    CE Innovation Capital, Altai Ventures, B Capital Group, Fifth Down Capital, and Friends & Family Capital are 5 of 30 investors who have invested in Newfront.

  • Who are Newfront’s competitors?

    Higginbotham, Sahouri Insurance, EverQuote, Alliant Insurance Services, and Bolton & Company are some of the 16 competitors of Newfront.

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