Pie Insurance is an insurance company specializing in small business.
Pie Insurance is a workers’ compensation insurance company that provides workers’ comp coverage to small businesses through a simple online experience. The company offering A.M. Best A-rated insurance that leverages data analytics, easy-to-use online features, and a seasoned team of insurance experts to revolutionize workers’ comp for small businesses.As a technology-enabled workers’ compensation insurance company, Pie leverages extensive, high-quality data sets to segment and price small business policies, accurately assessing risks and passing savings on to small business owners. It intends to use the funds for the continued growth and expansion of its offering to small business owners and conduct strategic initiatives to form and purchase licensed insurance companies.Pie began selling workers comp insurance policies direct to customers in 2018. The company is led by co-founder and CEO John Swigart.
Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
---|---|---|---|---|---|---|
Sep 21, 2022 | Series D | $315M | 6 | Allianz X Centerbridge Partners | — | Detail |
Mar 25, 2021 | Series C | $118M | 7 | Acrew Capital Allianz X | — | Detail |
May 28, 2020 | Series B | $127M | 7 | Gallatin Point Capital | — | Detail |
Mar 5, 2019 | Series B | $45M | 7 | SVB Capital | — | Detail |
Jun 18, 2018 | Series A | $11M | 8 | Greycroft | — | Detail |
Investor Name | Lead Investor | Funding Round |
---|---|---|
Allianz X | Yes | Series D |
Centerbridge Partners | Yes | Series D |
Acrew Capital | — | Series D |
Gallatin Point Capital | — | Series D |
Greycroft | — | Series D |
White Mountains Insurance Group | — | Series D |
Echelon | — | Series C |
Elefund | — | Series C |
SiriusPoint | — | Series C |
SVB Capital | — | Series C |
Pie Insurance has acquired 1 organizations. Their most recent acquisition was Western Select Insurance Company on Aug 25, 2021. They acquired Western Select Insurance Company for 0.
Date
Company Name
|
Industry | Acquisition Type | Price | |
---|---|---|---|---|
Aug 25, 2021
Western Select Insurance Company
|
Insurance | acquisition | — | Detail |