When was Newfront founded?

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

Where is Newfront located?

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

Who is the current CEO of Newfront?

Spike Lipkin of Newfront. They have also founded 1 company and are angel investors in 3 startups.

How many employees does Newfront have?

As of May 31, 2026, the latest employee count at Newfront is 625.

Is Newfront a funded company?

Newfront is a funded company, having raised a total of $300M across 2 funding rounds to date. The company's 1st funding round was a $***** Series C round, raised on Oct 20, 2020.

How much is Newfront worth?

The last known valuation of Newfront was $***** as of Apr 12, 2022.

When was the latest funding round of Newfront?

Newfront's latest funding was a $***** Series D round on Apr 12, 2022, with participation from 15 investors.

Where does Newfront rank among its competitors?

Newfront ranks 8th amongst 268 active competitors, of which 46 are funded. It stands 2nd in terms of total funding among its competitors. The most recent competitor to raise funding was OneShield, which secured an undisclosed amount in Feb, 2025.

Who are the top competitors of Newfront?

Newfront's top competitors include Guidewire, Duck Creek and iPipeline. Among them, OneShield secured the most recent funding round in February, 2025.

Newfront - 2026 Company Profile, Team, Funding & Competitors

Q: Is Newfront an acquired company?

Newfront got acquired by WTW on Dec 10, 2025.

Newfront is an acquired company based in San Francisco (United States), founded in 2017 by Spike Lipkin, Gordon Wintrob and Brian Hetherington. It operates as a Provider of insurance brokerage and total rewards services. Newfront has raised $300M in funding from investors like Y Combinator, Index Ventures and Goldman Sachs, with last known valuation of $*****. The company has 268 active competitors, including 46 funded and 55 that have exited. Its top competitors include companies like Guidewire, Duck Creek and iPipeline.

Company Details

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.

Website: www.newfront.com/
Social
Email ID: *****@newfront.com
Phone Number: +1 **********
Registered Address: San Francisco, California

Key Metrics

Founded Year

2017

Location

San Francisco, United States

Stage

Acquired

Total Funding

$300M in 2 rounds

Latest Funding Round

Series D, Apr 12, 2022, $*****

Last Known Valuation

$***** as on Apr 12, 2022

Investors

Y Combinator & 26 more

Ranked

8^th among 268 active competitors

Employee Count

625 as on May 31, 2026

Investment & Acquisitions

Savvy Wealth & 1 more

Similar Companies

FintechOS & 695 more

Exit Details

Acquired by WTW (Dec 10, 2025)

View Newfront's full profile

Newfront is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
NEWFRONT INSURANCE SERVICES LLC CIN: 821556135 , United States, Active	Dec 26, 999	-	123 (As on Dec 31, 2020)	-
ABD INSURANCE AND FINANCIAL SERVICES, INC. CIN: 27-0673528 , United States, Active	Dec 31, 2016	-	-	-

Newfront got acquired by WTW on Dec 10, 2025 at an acquisition amount of $*****.

Click here to take a look at Newfront's acquisition in detail

Newfront has raised a total funding of $300M over 2 rounds. Its first funding round was on Oct 20, 2020. Its latest funding round was a Series D round on Apr 12, 2022 for $*****. 15 investors participated in its latest round. Newfront has 25 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Newfront:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Apr 12, 2022	3900510	Series D	5382466	3281932	4610380	7105742
Oct 20, 2020	6363613	Series C	6268299	4716352	Founders Fund & 1 more	9396370

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View details of Newfront's funding rounds and investors

The founders of Newfront are Spike Lipkin, Gordon Wintrob and Brian Hetherington. Spike Lipkin is the CEO of Newfront.

Here are the details of Newfront's key team members:

Spike Lipkin: Co-founder & CEO of Newfront. They are also an angel investor in 3 startups.
Gordon Wintrob: Co-founder & CTO of Newfront and founder of 1 other company.
Brian Hetherington: Co-Founder of Newfront.
Contact Info: 1 email address

View details of Newfront's Founder profiles and Board Members

Newfront's employee count trend

Newfront has 625 employees as of May 26. Here is Newfront's employee count trend over the years:

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Top competitors of Newfront include Guidewire, Duck Creek and iPipeline. Here is the list of Top 10 competitors of Newfront, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Guidewire 2001, San Mateo (United States), Public	Cloud-based platform for property and casualty insurance	-	Battery Ventures, NISA & 6 others	77/100
2nd	Duck Creek 2000, Boston (United States), Acquired	Provider of cloud-based solutions for property and casualty and general insurance	$350M	Temasek, Kayne Anderson Rudnick & 8 others	71/100
3rd	iPipeline 1995, Exton (United States), Acquired	Cloud-based software suite for life insurance and financial services industry	$104M	TCV, Volition Capital & 3 others	70/100
4th	FintechOS 2017, London (United Kingdom), Series B	Provider of AI-based software suite for the banking and insurance industry	$146M	Gapminder, BlackRock & 12 others	68/100
5th	Insurity 1985, Hartford (United States), Acquired	AI and cloud-based policy management and claims administration solutions	$57M	General Atlantic, Arch Venture Partners & 2 others	67/100
6th	Bold Penguin 2016, Columbus (United States), Acquired	Software suite for the commercial insurance industry	$50.1M	Hudson Structured, Pivot Ventures & 8 others	66/100
7th	OneShield 1999, Marlborough (United States), Series E	Cloud-based insurance policy and claims management solutions for the p&c insurance industry	$52.5M	Pacific Lake Partners, Bain Capital Credit ... & 12 others	65/100
8th	Newfront 2017, San Francisco (United States), Acquired	Provider of insurance brokerage and total rewards services	$300M	Meritech, Goldman Sachs & 25 others	64/100
9th	Bravura Solutions 2004, Edinburgh (United Kingdom), Acquired	Software solutions for life insurance and wealth management	$28.4M	Ironbridge, Herald Investment Management	64/100
10th	Sapiens 1982, Holon (Israel), Acquired	Insurance policy administration and compliance solutions for the insurance industry	-	Nir 4 You, Giza Venture Capital & 8 others	64/100