Fred Schaufeld is co-Founder and Managing Director of SWaN & Legend Venture Partners. Mr. Schaufeld is also a Partner in Monumental Sports and Entertainment, a holding company which owns the Washington Capitals, Wizards, Mystics, Valor, Baltimore Brigade and Verizon Center, and is a Partner in the Washington Nationals Baseball Club, Team Liquid and the Professional Fighters League. Prior to SWaN, Mr. Schaufeld founded and led NEW Corp. (“NEW”), acquired by Asurion in 2008 (now NEWAsurion Corp.). NEWAsurion is the world’s largest consumer product protection company, employing over 17,000 people worldwide. During his tenure, NEW was recognized by Inc. Magazine in its “Inc. 500” list of the fastest growing private companies. He is the patent holder of the Rigid Insurance Form.
Mr. Schaufeld currently sits on the boards of CustomInk, DuraTap, KIND Healthy Snacks, Quad Learning, José Andrés ThinkFoodGroup, Noodle Companies, Quad Learning and Sugar 23, and is an advisor to the boards of Cava Group, Framebridge and UrbanStems. Mr. Schaufeld is a recipient of Ernst & Young’s “Entrepreneur of the Year” award. He is a member of the Economic Club of Washington, DC and of the Young Presidents’ Organization. Mr. Schaufeld has been quoted extensively in numerous publications and has appeared on CNN and NPR.
Mr. Schaufeld is a graduate of Lehigh University. 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 Fight for Children and the Wolf Trap Foundation and chairs the board of the Inova 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 United Way Fredrick D. Schaufeld Scholarship program, Westbury, NY.