Fredrick D. Schaufeld founded NEW Corp. (now NEW Asurion Corp.) in 1983 with a $79 investment. NEW Asurion is now the world’s largest consumer product protection company, employing over 18,000 people throughout the globe.
In 2006 Mr. Schaufeld founded SWaN Investors (predecessor to SWaN & Legend Venture Partners) with Tony Nader and Cliff White. Mr. Schaufeld sits on the boards of Fund investments CustomInk, KIND, José Andrés’ Think Food Group, Noodle Companies and Sugar 23. He is a partner in the Washington Nationals, Team Liquid and the Professional Fighters League (PFL).
He and his wife, Karen, live in Virginia and are active in organizations dedicated to early childhood development, literacy, health, environment, peace and the arts. He sits on the boards of a number of nonprofit organizations, including Fight for Children and is the chair of the Inova Health Foundation. He is a member of Venture Philanthropy Partners and is an active supporter of the Schaufeld Family Heart Center of the Inova Loudoun Hospital, the Fredrick D. and Karen G. Schaufeld Lower School of Loudoun Country Day School, Leesburg, Va., and the Fredrick D. Schaufeld Scholarship Program, Westbury, N.Y. He received his BA in government from Lehigh University.