Pie Insurance

Pie Insurance

Provides workers' compensation insurance for small businesses

About

Pie Insurance offers workers' compensation insurance tailored for small businesses, providing wage replacement and medical benefits for injured employees. The company uses data-driven technology to deliver quick insurance quotes in just three minutes, making the process simple for busy business owners. Operating in 38 states and Washington, D.C., Pie Insurance aims to provide affordable coverage with potential savings of up to 30%. Its focus on technology and customer-centric service distinguishes it from traditional insurance providers.

Company Stage

Series D

Employees

201-500

Industries

Fintech, Financial Services

Total Funding

$603.4M

Headquarters

Washington, District of Columbia

Founded

2017


Simplify Jobs

Simplify's Take

What believers are saying

  • Integration with Ivans Download could enhance operational efficiency and customer service.
  • Appointment of Audra Foglietta as CFO may drive financial performance and efficiencies.
  • Partnership with Endeavor Insurance Group could expand market reach and distribution channels.

What critics are saying

  • Recent layoffs of 14% of workforce indicate potential financial instability.
  • Deteriorating funding environment may limit expansion and technology investments.
  • Increased competition from insurtech companies could pressure Pie to maintain competitive pricing.

What makes Pie Insurance unique

  • Pie Insurance offers A.M. A-rated insurance with a simple online experience.
  • The company uses data analytics to accurately assess risks and price policies.
  • Pie Insurance provides quick insurance quotes, taking just three minutes for small businesses.

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Growth & Insights
Headcount

6 month growth

0%

1 year growth

0%

2 year growth

0%

Benefits

Competitive cash compensation

Equity

Comprehensive health plans

Generous PTO, including paid sick leave

Future focused 401k match

Generous parental & caregiver leave

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