Newfront

San Francisco, United States Founded: 2017 • Age: 9 yrs Acquired By WTW
Insurance brokerage and total rewards services are offered by Newfront.
Annual revenue - Latest available
Total funding $300.0M 2 rounds
Employees 123 Tracked headcount
Investors 16 Known backers
Products 3 Services tracked
Competitors 10 Brand Intelligence

About Newfront

Newfront is a company based in San Francisco (United States) founded in 2017 by Brian Hetherington and Spike Lipkin was acquired by WTW in December 2025. Newfront has raised $300 million across 2 funding rounds from investors including Goldman Sachs, WTW and Stack Capital Group. The company has 123 employees as of December 31, 2020. Newfront has completed 1 acquisition, including Aviation. Newfront offers products and services including Business Insurance, Total Rewards, and Risk Analytics. Newfront operates in a competitive market with competitors including ReSource Pro, Socotra, FintechOS, EIS Group and Riskcovry, among others.

  • Headquarter San Francisco, United States
  • Employees 123 as on 31 Dec, 2020
  • Founders Brian Hetherington, Spike Lipkin
  • Stage Minicorn
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Newfront Insurance Services
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $300 M (USD)

    in 2 rounds

  • Latest Funding Round
    $200 M (USD), Series D

    Apr 12, 2022

  • Investors
    Goldman Sachs

    & 15 more

  • Employee Count
    123

    as on Dec 31, 2020

  • Investments & Acquisitions
  • Acquired by
    WTW

    (Dec 10, 2025)

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Products & Services of Newfront

Newfront offers a comprehensive portfolio of products and services, including Business Insurance, Total Rewards, and Risk Analytics.

Product name locked
Category locked
Primary

Provides coverage solutions for business risks and compliance needs

Product name locked
Category locked
Locked

Curates benefit packages to attract and retain talent

Product name locked
Category locked
Locked

Offers data-driven tools for risk assessment and management

People of Newfront

Headcount 200-500
Employee Profiles 237
Board Members and Advisors 1
Employee Profiles
People
Ariel Taylor
Software Engineer
People
Louisa C. Bolick
Founding Partner, Boston
People
Spike Lipkin
Co-Founder & CEO
People
Shane Sizemore
Business Operations Specialist

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Board Members and Advisors
people
Kurt de Grosz
Executive Chairman

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Funding Insights of Newfront

Newfront has successfully raised a total of $300M across 2 strategic funding rounds. The most recent funding activity was a Series D round of $200 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in Newfront

Newfront has secured backing from 16 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Goldman Sachs, WTW and Stack Capital Group.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investment banking services are delivered across multiple financial sectors.
Locked Locked Locked
Private equity investments are directed toward US-based companies.
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Venture capital investments in technology and defense sectors.
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Investor details for Newfront

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  • Investor domains
  • Investor locations
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  • Participation history

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Investments & Acquisitions by Newfront

Newfront has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Aviation.

Investments
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Investment portfolio details for Newfront

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  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Diversified insurance services are provided for aviation and marine sectors.
Locked Locked 1976 Locked
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Complete acquisition details for Newfront

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Financial Statements - Newfront

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Detailed financials for Newfront

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Newfront Comparisons

Newfront Primary company
Description
Insurance brokerage and total rewards services are offered b...
Location
San Francisco, United States
Founded Year
2017
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
123
As of 2020
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Peer comparison for Newfront

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  • Headcount comparison
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Competitors of Newfront

Newfront operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ReSource Pro, Socotra, FintechOS, EIS Group and Riskcovry, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Insurance policy and claim management solutions for the insurance industry
Locked Locked Locked
Cloud-based solutions for insurance policy management and underwriting are offered.
Locked Locked Locked
AI-based software suite is provided for banking and insurance sectors.
Locked Locked Locked
Cloud-based policy management and underwriting solutions for insurance are provided.
Locked Locked Locked
A platform for digital insurance distribution and management is provided.
Locked Locked Locked
Cloud-based software solutions for credit insurers, surety bonds & trade finance
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Detailed competitors of Newfront

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  • Domains and locations
  • Full company profiles
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Latest news on Newfront

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Complete news archive for Newfront

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  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Newfront

Newfront was founded in 2017 and raised its 1st funding round 3 years after it was founded.

Newfront is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.

Spike Lipkin is the current CEO of Newfront. They have also founded this company.

Newfront is a funded company, having raised a total of $300M across 2 funding rounds to date.

As of Dec 31, 2020, the latest employee count at Newfront is 123.

Provider of insurance brokerage and total rewards services. This company offers business insurance solutions, including asset protection, aviation, casualty, cyber risk, and workers compensation coverage. They also provide services such as alternative risk financing, claims advocacy, and mergers acquisitions support. In addition to insurance brokerage, they offer total rewards services, helping clients create competitive benefit packages to attract and retain talent. These services include retirement planning, benefits compliance, and HR support. The company utilizes technology to improve efficiency and client experience, offering online access to insurance programs and benefit plans.

Newfront's top competitors include FintechOS, Socotra and Tinubu.

Newfront offers Business Insurance, Total Rewards, and Risk Analytics.

Newfront has made 1 acquisition, including Aviation.

Newfront has 16 investors. Key investors include Goldman Sachs, WTW, Stack Capital Group, Meritech Capital, and Founders Fund.

The valuation of Newfront is $500M as of Oct 2020.

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