# Newfront Insurance

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/newfront-insurance

- Industry: Insurance
- Headquarters: San Francisco, US
- Website: www.newfront.com
- Total disclosed funding: $310M
- Latest round: Series D (Apr 12, 2022)
- Investors on record: 15

## About

Newfront Insurance, Inc. is a modern insurance brokerage that combines technology and expertise to provide innovative solutions for businesses, focusing on insurance and employee benefits management.Founded in 2017 in San Francisco, US, Newfront Insurance, Inc. specializes in business insurance and employee benefits brokerage. The firm was co-founded by AIF® Jake Daly, Chastity Wilson, Gordon Wintrob, and Spike Lipkin, who serves as the CEO. Newfront has not been noted as a subsidiary or as having subsidiaries.Newfront Insurance Services specializes in modern business insurance and employee benefits brokerage, integrating elite expertise with advanced technology to provide a comprehensive suite of solutions. Their offerings include employee benefits packages, risk management, and retirement solutions tailored to various industries. The platform allows clients to access insurance programs and compliance documents through a connected dashboard, serving clients in sectors such as technology, healthcare, and finance across the US, Canada, and select European and Asian countries.Newfront operates on a B2B revenue model emphasizing partnerships and subscription-based services. Clients typically engage through annual contracts for tailored insurance and benefits management solutions. The firm earns revenue from brokerage service fees, which include data-driven placement and claims advocacy. Their technology-driven solutions streamline processes and enhance efficiency, fostering long-term client relationships across different service sectors. In December 2025, WTW agreed to acquire Newfront Insurance, Inc. from Susa Ventures, SV Angel, Bloomberg Beta, Index Ventures, Y Combinator, Founders Fund, West Venture Partners, Meritech Capital Partners, Altai Ventures, B Capital, Goldman Sachs Merchant Banking Division, Propel(x) Inc., PruVen Capital, Stack Capital Group, Vetamer Capital Management, XYZ Ventures, and Y Combinator for an upfront payment of 1.05 billion in cash and stocks and will receive additional payment of USD 250 million upon achievement of specified performance targets..

## Funding rounds

- Series D, Apr 12, 2022, $200M — Index Ventures, Meritech Capital Partners, Founders Fund, Goldman Sachs Asset Management, Y Combinator, Bloomberg Beta, Susa Ventures, Propel(x) Inc., B Capital, XYZ Ventures, Vetamer Capital Management, PruVen Capital, Altai Ventures, Stack Capital Group
- Series C, Oct 20, 2020, $68M — Meritech Capital Partners, Founders Fund
- Series B, Dec 1, 2018, $30M — Founders Fund, West Venture Partners
- Series A, Sep 1, 2018, $9M — Founders Fund
- Seed, Jul 21, 2017, $3M — Index Ventures, Y Combinator, Bloomberg Beta, Susa Ventures

## Investors

- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed, Series D
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed, Series D
- Bloomberg Beta (https://capitalatlas.ai/funds/bloomberg-beta) — Seed, Series D
- Susa Ventures (https://capitalatlas.ai/funds/susa-ventures) — Seed, Series D
- Founders Fund (https://capitalatlas.ai/funds/founders-fund) — Series A, Series B, Series C, Series D
- West Venture Partners (https://capitalatlas.ai/funds/west-venture-partners) — Series B
- Meritech Capital Partners (https://capitalatlas.ai/funds/meritech-capital-partners) — Series C, Series D
- Goldman Sachs Asset Management (https://capitalatlas.ai/funds/goldman-sachs-asset-management) — Series D
- Propel(x) Inc. — Series D
- B Capital (https://capitalatlas.ai/funds/b-capital) — Series D
- XYZ Ventures (https://capitalatlas.ai/funds/xyz-ventures) — Series D
- Vetamer Capital Management — Series D
- PruVen Capital (https://capitalatlas.ai/funds/pruven-capital) — Series D
- Altai Ventures (https://capitalatlas.ai/funds/altai-ventures) — Series D
- Stack Capital Group (https://capitalatlas.ai/funds/stack-capital-group) — Series D