Tech Company Financing Transactions
Newfront Insurance Funding Round
On 4/12/2022, Newfront Insurance raised $200 million in Series B funding from Growth Capital Partners, B Capital Group and Founders Fund.
Transaction Overview
Company Name
Announced On
4/12/2022
Transaction Type
Venture Equity
Amount
$200,000,000
Round
Series B
Investors
Proceeds Purpose
Newfront plans to grow its technology teams and focus in particular on harnessing data-driven insights for clients.
Company Information
Company Status
Private & Independent
Industry
InsureTech
Mailing Address
55 2nd St. 18th Floor
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Website
Email Address
Overview
Insurance is essential to every business and individual. Yet the industry remains rooted in outdated processes and antiquated technology. Meanwhile, nearly every other industry has evolved to better serve their customers.
Management Team
Title
Name
Email & Social
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We report on every notable VC transaction. VC transactions reported here are derived from a variety of public sources. The data is sourced from VentureDeal.com, an affiliated venture.
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