Fredrick D. Schaufeld

Mr. Schaufeld is a co-Founder and Managing Director of SWaN & Legend Venture Partners (SWaN). Mr. Schaufeld is a Partner in Monumental Sports and Entertainment, which owns the Washington Capitals (NHL), Wizards (NBA), Mystics (WNBA), Capital City Go-Go (NBA-G) and the Capital One Arena. He is a Partner in the Washington Nationals (MLB), Team Liquid (e-Sports), the Professional Fighters League (PFL) and the Hill Top House Hotel, Harpers Ferry. Mr. Schaufeld also owns American Bike Ride, parent of the DC Bike Ride.

Mr. Schaufeld currently sits on the boards of Sugar23, Noodle Partners, CustomInk, DuraStat, José Andrés ThinkFood Group, Mindshow, PFL, M34 Capital, Curator Solutions, Georgiamune and Telos (Nasdaq: TLS). He is an advisor to the boards of Cava, ClassEDU, Growcentia and Biothread. He previously sat on the boards of American Honors College, Anonymous Content, Asurion, Bio-Warn, Framebridge, KIND Healthy Snacks, NEW, OrderGroove and SocialRadar.

Prior to SWaN, Mr. Schaufeld founded and led National Electronics Warranty Corporation (NEW), which was acquired by Asurion in 2008 (now NEWAsurion). NEWAsurion is the world’s largest consumer product protection company, employing over 20,000 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 and a Founder and former President of the Service Contract Industry Council (SCIC).

In 1996, Schaufeld and his partner, Tony Nader, presented the financially-troubled Best Buy Corporation (NYSE: BBY) with their concept: “Making Best Buy Even Better,” suggesting comprehensive consumer extended warranties could be sold without pressure or sales commissions at significantly lower prices than offered by BBY’s main competitor, Circuit City. The adoption of the program led BBY to become the single biggest NYSE large cap turnaround/growth stock at that time.

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, the Young Presidents’ Organization (YPO) and its Peace Action Network Arab American Action Forum. Mr. Schaufeld has been quoted extensively in numerous publications and has appeared on CNN and NPR.

Mr. Schaufeld and his wife, Karen, live in Virginia and are active in organizations dedicated to education, health, environment, peace, inter-faith tolerance, military support and the arts. He is the chairman of the Inova Health System Foundation and sits on the board of the Wolf Trap Foundation. He is a member of Venture Philanthropy Partners and a supporter of the Schaufeld Family Heart Center of the Inova Loudoun Hospital, the Schaufeld Program for Prostate Cancer in Black Men of the Johns Hopkins University Hospital, the Fredrick D. and Karen G. Schaufeld Lower School of Loudoun Country Day School, Leesburg, VA, the Fredrick D. Schaufeld Scholarship program, Westbury, NY, Lehigh University’s Karen Shihadeh Schaufeld and Fredrick D. Schaufeld Endowed Scholarship Fund and Joachim Schaufeld Center for Jewish Life, the Emil and Grace Shihadeh Innovation Center, Winchester, VA, All Ages Read Together, 100 Women Strong and the OneVoice Movement. He is a recipient of the Loudoun Laurels award and the Loudoun County Boy Scouts’ Good Scout award.

Mr. Schaufeld received his BA in Government from Lehigh University.