Pie Insurance Secures $127M To Provide Workers’ Comp To Small Businesses

Summary:

Pie Insurance, a Washington, D.C.-based startup offering workers’ compensation insurance to small businesses, announced this morning that it has closed on $127 million in new financing.

Gallatin Point Capital joined Pie’s existing backers in the capital raise. Those investors include Greycroft, SVB Capital, Aspect Ventures, Elefund and Sirius International Insurance Group Ltd.

Read the full press release from Crunchbase.


Additional Coverage:

Washington Business Journal: This local insurance startup just raised a nine-figure round (Subscription required)

Insurance Insider: Pie Insurance raises $127mn to found balance sheet carrier (Subscription required)

Insurance Journal: Workers’ compensation insurtech Pie raises $127 million with plan to acquire carriers

Denver Business Journal: Insurance tech company raises $127M, plans to grow in Denver (Subscription required)

Get a quote in 3 minutes

Save up to 30% on workers' compensation for your small business.