Pie Insurance Secures $11 Million Series A Funding to Rapidly Expand SMB Workers’ Compensation Insurance Offering
By a
Founded in
"Pie combines two elements that really stand out - a unique set of underwriting data and an experienced founder who was instrumental in building an online insurance company that was sold for over a billion dollars," said
Pie's unique business model and value proposition utilize advanced analytics to more accurately identify risk for SMBs, removing steps from the purchase process, and often generating significant savings. According to its predictive model, 80% of small businesses are overpaying for coverage, often by as much as 30%.
"SMB owners are unfairly burdened by an outdated business model that requires too much of their time and effort in order to meet their insurance needs," said
Insurance offered by Pie has earned an A rating from
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