Newfront announces $200 million investment from noted investors
April 13, 20226 min
Investment is further validation of the platform and will accelerate development of pioneering technology, investment in resources, and geographic expansion 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. “The nature of risk has changed drastically over the past century but the insurance industry has not...