DealMakers: Entrepreneur | Startups | Venture Capital

DealMakers: Entrepreneur | Startups | Venture Capital


Spike Lipkin On Raising $100 Million To Modernize The $160 Billion Insurance Market

February 23, 2021

Spike Lipkin is the cofounder and CEO of Newfront Insurance which is a modern commercial insurance brokerage. The company has raised so far over $100 million from top tier investors such as Founders Fund, Index Ventures, Bloomberg Beta, or Meritech Capital Partners to name a few.

In this episode, you will learn:

Handling rejection
Top tips for new entrepreneurs
Hiring startup talent

Alejandro Cremades · EP 302 Spike Lipkin On Raising $100 Million To Modernize The $160 Billion Insurance Market
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For a winning deck, take a look at the pitch deck template created by Silicon Valley legend, Peter Thiel (see it here) that I recently covered. Thiel was the first angel investor in Facebook with a $500K check that turned into more than $1 billion in cash.

Moreover, I also provided a commentary on a pitch deck from an Uber competitor that has raised over $400 million (see it here).

Remember to unlock for free the pitch deck template that is being used by founders around the world to raise millions below.

About Spike Lipkin:
Spike Lipkin is the CEO and Co-founder of Newfront, the fastest growing insurance brokerage in the nation. Prior to Newfront he was one of the first employees at Opendoor.com, where he helped grow a five-person company into a business now valued at more than $5 billion. Prior to Opendoor, Spike worked as an investor at Blackstone. At both Opendoor and Blackstone, Lipkin was tasked with buying the insurance to manage  business assets, which first exposed him to the deep systemic challenges facing the insurance industry. These experiences led him to found Newfront - a business that combines insurance experts with proprietary technology to make the buying process less cumbersome and more transparent for its clients and brokers. Lipkin received his undergraduate degree from the University of Pennsylvania and graduate degrees from both Cambridge University and Stanford University.
Connect with Spike Lipkin:

* Crunchbase
* LinkedIn
* Angel List