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

Apr 12, 2022over 3 years ago

Amount Raised

$200 Million

San Francisco

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.

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

Funding Insights

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