# David Fontain

> David Fontain is the co-founder and CEO of Foresight, a San Francisco insurtech that pairs workers' compensation coverage with its own safety technology, Safesite. An Australian who grew up on the Gold Coast and started out in investment banking, he built Foresight after a childhood friend died in a preventable workplace accident. The company underwrites for hard-to-place middle-market businesses in industries like construction and manufacturing, using an 'engage and save' model that rewards safer companies with faster premium relief. Foresight has raised tens of millions from investors including OMERS Ventures, and its technology is credited with cutting workplace incident frequency by double digits.

- **Role:** Co-Founder and CEO at Foresight
- **Organizations:** Foresight Risk and Insurance Services, Foresight Commercial Insurance, Safesite
- **From:** Gold Coast, Australia
- **Nationality:** Australian
- **Education:** Finance, University (finance degree)
- **Known for:** Co-founded and leads Foresight, described as the first workers' compensation insurtech focused on the middle market, Co-created Safesite, an award-winning risk management platform bundled free with Foresight policies, Raised a $39M Series B led by OMERS Ventures (2022); total reported funding in the tens of millions

## Career timeline

- **Early career** — Graduated in finance and joined a Dutch investment bank straight out of college
- **Pre-2014** — Launched early ventures including an online custom business-shirt company manufactured in Beijing and an enterprise software company
- **2014-2015** — Co-founded Safesite, a mobile workplace-safety platform, with Peter Grant; launched in Sydney
- **2015** — Moved to the United States and entered the Plug and Play insurance accelerator in Sunnyvale, California
- **2017** — Established a commercial insurance brokerage combining policies with Safesite technology
- **2020-10** — Launched Foresight as a workers' compensation insurtech and underwrote its first policy
- **2022-01** — Closed a $39M Series B led by OMERS Ventures, bringing total funding to about $59M at the time
- **2023-11** — Announced partnership with QBE North America to write on select QBE paper
- **2025** — Named a Celent Model Insurer for Digital and Emerging Technologies

## Achievements

- Co-founded and leads Foresight, described as the first workers' compensation insurtech focused on the middle market
- Co-created Safesite, an award-winning risk management platform bundled free with Foresight policies
- Raised a $39M Series B led by OMERS Ventures (2022); total reported funding in the tens of millions
- Foresight technology credited with reducing workplace incident frequency by roughly 17-31%
- Secured a paper partnership with QBE North America
- Named a 2025 Celent Model Insurer for Digital and Emerging Technologies

## Latest updates

- **2024-03** — Discussed workplace safety trends and the workers' compensation outlook in a Business Insurance video interview
- **2025** — Foresight recognized as a Celent Model Insurer for Digital and Emerging Technologies

## Links

- Website: https://getforesight.com
- LinkedIn: https://www.linkedin.com/in/david-fontain-53131883
- Twitter/X: https://twitter.com/Foresight_ins
- Facebook: https://facebook.com/ForesightCommercialInsurance

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Profile page: https://yespress.io/david-fontain
Published by YesPress — https://yespress.io
Last updated: 2026-07-20