About
Newfront is an AI-powered commercial insurance brokerage that hit $300M revenue in 2024 with 729 employees. Raised $312M total including $200M Series D (2022) at $2.2B valuation. Provides business insurance, employee benefits, and retirement services through data-driven digital dashboards. Founded 2017 in San Francisco.
Key Facts
- [1]Funding: Total funding: $312M. Last round: Dec 2025. Stage: Late Stage.
- [2]Employees: Employee count: 201-500.
- [3]Website: Official website: newfront.com.
- [4]AI Technology: Core AI/ML technologies: Predictive ML.
- [5]Region: Region: Americas (United States).
Founders
Spike Lipkin
Co-founder & CEO
Gordon Wintrob
Co-founder & CTO
AI Technology
Predictive ML
Traditional ML algorithms for classification, regression, and scoring models
Classification
Market Segments
Tech Stack Layers
Details
Related Companies
View all in Insurance
Unit21
AI-powered fraud and AML platform
Kaaj
Agentic AI for small-business lending automation
Lendbuzz
AI auto financing for underserved populations
Ramp
AI-powered corporate cards and spend management
Brex
AI corporate card and financial stack for startups
Betterment
Pioneer robo-advisor with AI portfolio management
Other Late Stage Companies
View all
Frequently Asked Questions
What is Newfront?
Newfront is an AI-powered commercial insurance brokerage that hit $300M revenue in 2024 with 729 employees. Raised $312M total including $200M Series D (2022) at $2.2B valuation. Provides business insurance, employee benefits, and retirement services through data-driven digital dashboards. Founded 2017 in San Francisco. Newfront is classified in the Insurance segment at the Applications layer of the financial AI stack.
Who founded Newfront?
Newfront was founded by Spike Lipkin (Co-founder & CEO) and Gordon Wintrob (Co-founder & CTO).
How much funding has Newfront raised?
Newfront has raised $312M in total funding, placing the company at the Late Stage stage. The most recent round closed in Dec 2025. Among 45 funded Insurance companies, Newfront ranks #16 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Newfront use?
Newfront primarily leverages Predictive ML technology. Traditional ML algorithms for classification, regression, and scoring models. Within the Insurance segment, 28 companies use this technology.
What market segment does Newfront operate in?
Newfront operates in the Insurance market segment. AI insurance companies are modernizing one of the oldest financial sectors, applying machine learning to underwriting, claims processing, actuarial modeling, and risk assessment across property, casualty, health, and life insurance lines.
Where is Newfront headquartered?
Newfront is headquartered in San Francisco, United States. The company operates in the Americas region. The team consists of 201-500 employees. United States is home to 324 financial AI companies tracked by AIFI Map.
Who are Newfront's competitors?
Companies similar to Newfront in the Insurance space include Unit21 ($92M raised), Kaaj ($4M raised), Lendbuzz ($310M raised), Ramp ($2.3B raised), Brex ($1.5B raised). These companies operate in related areas of financial AI: Unit21 focuses on ai-powered fraud and aml platform. Kaaj focuses on agentic ai for small-business lending automation. Lendbuzz focuses on ai auto financing for underserved populations. (Based on AIFI Map classification data.)
What products does Newfront offer?
Newfront builds applications-layer solutions for the financial services industry. The company's core offering: AI-powered commercial insurance brokerage. The platform is powered by Predictive ML technology.