Pie Insurance

Pie Insurance

Provides workers' compensation insurance for small businesses

About

Pie Insurance offers workers' compensation insurance tailored for small businesses, covering wage replacement and medical benefits for injured employees. The company uses data-driven technology to provide quick 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 expand its services while promising potential savings of up to 30% on insurance costs. Its competitive advantage lies in streamlining the insurance process, making it more accessible and affordable compared to traditional 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 operational efficiencies.
  • Partnership with Endeavor Insurance Group could expand market reach and distribution channels.

What critics are saying

  • Layoffs of 14% of workforce indicate potential financial instability or strategic shifts.
  • Increased competition from insurtech companies like Next Insurance threatens market share.
  • Integration with Ivans Download may expose Pie Insurance to third-party data security risks.

What makes Pie Insurance unique

  • Pie Insurance offers A.M. A-rated workers' compensation insurance for small businesses.
  • The company uses data analytics to provide competitive pricing and accurate risk assessment.
  • Pie Insurance provides a simple online experience for quick insurance quotes in three minutes.

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Growth & Insights
Headcount

6 month growth

-5%

1 year growth

-5%

2 year growth

-11%

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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