Fundz

Newfront Announces $200 Million Investment From Goldman Sachs Asset Management, B Capital, And Other Investors At A $2.2 Billion Valuation To Modernize Insurance

RECENTLY ACQUIREDApr 12, 2022

Amount Raised

$200 Million

Round Type

Venture

San FranciscoFinancial ServicesSoftwareData And AnalyticsAdministrative Services

Description

Newfront, the modern insurance brokerage platform, today announced a $200 Million investment at a $2.2bn valuation led by the Growth Equity business within Goldman Sachs Asset Management and B Capital with participation from existing investors including Founders Fund and Meritech Capital.

Quick answer

Newfront raised $200 Million in a funding round, dated April 12, 2022. Newfront is based in San Francisco, California, United States.

How much did Newfront raise?
Newfront raised $200 Million in a funding round on April 12, 2022.
What does Newfront do?
Newfront is transforming the delivery of risk management, employee experience, insurance, and retirement solutions by building the modern insurance platform.
Where is Newfront based and how big is it?
Newfront is based in San Francisco, California, United States. Fundz records about 746 employees.
Who are the decision-makers at Newfront?
Fundz holds 2 contacts at Newfront. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Financial Services and Data And Analytics around the same time

Companies in the same sectors as Newfront that raised within 45 days of this round, from Fundz verified event records.

  • Arkestro raised $40M on May 27, 2022.
  • Certn raised $50M (Funding Round) on May 10, 2022.
  • Taxfix raised $220M (Funding Round) on April 28, 2022.
  • Conjura raised $16M (Series A) on April 26, 2022.
  • Fathom raised an undisclosed amount on April 25, 2022.
  • Haystacks.Ai raised an undisclosed amount (Funding Round) on March 22, 2022.

Who to call at Newfront, and when

A new round usually means Newfront is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Newfront raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Newfront, from your own LinkedIn network

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Company Information

Company

Newfront

Location

San Francisco, California, United States

About

Newfront is transforming the delivery of risk management, employee experience, insurance, and retirement solutions by building the modern insurance platform. Transparent data delivered real-time translates into a lower total cost of risk and greater insights. Newfront makes insurance work for you. Headquartered in San Francisco, Newfront has offices throughout California, Washington, Illinois, and New York and is home to over 800 employees who serve clients across the United States and globally. To learn more, visit: newfront.com

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Fundz sees it the moment Newfront raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Predictive Intelligence
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ML-powered predictions for Newfront's next move

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Newfront raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.