Pie Insurance Overview
- Year Founded
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2017
- Status
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Private
- Employees
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404
- Latest Deal Type
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Series D
- Latest Deal Amount
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$315M
- Investors
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19
Pie Insurance General Information
Description
Developer of compensation insurance software designed for insurance, starting with workers' compensation. The company's platform leverages extensive, high-quality data sets to accurately segment and price company policies, assessing risks and passing savings on to the owners, enabling small and medium enterprises to get increased transparency and empowering businesses to make more informed buying decisions.
Contact Information
Website
www.pieinsurance.comCorporate Office
- 1755 Blake Street
- Suite 500
- Denver, CO 80202
- United States
Corporate Office
- 1755 Blake Street
- Suite 500
- Denver, CO 80202
- United States
Pie Insurance Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series D) | 21-Sep-2022 | $315M | Completed | Generating Revenue | ||
| 6. Secondary Transaction - Private | 10-May-2021 | Completed | Generating Revenue | |||
| 5. Later Stage VC (Series C) | 25-Mar-2021 | Completed | Generating Revenue | |||
| 4. Early Stage VC (Series B) | 28-May-2020 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series B) | 05-Mar-2019 | Completed | Generating Revenue | |||
| 2. Early Stage VC (Series A) | 09-Aug-2018 | $11M | $15.3M | Completed | Generating Revenue | |
| 1. Seed Round | 04-Oct-2017 | $4.33M | $4.33M | Completed | Generating Revenue |
Pie Insurance Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C-1 | ||||||||
| Series C | ||||||||
| Series C-1 NV | ||||||||
| Series B | ||||||||
| Series A | 5,915,866 | $0.001000 | $1.88 | $1.88 | 1x | $1.88 | 14.79% | |
| Seed | 4,282,880 | $0.001000 | $1.18 | $1.18 | 1x | $1.18 | 10.71% |
VC Exit Predictor
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Opportunity Score
Calculated using Exit Type probabilities, the company’s stage, and PitchBook’s historical returns data.
Exit Type
Evaluates the likelihood of a successful exit for investors, and the most likely exit type.
Pie Insurance Comparisons
Industry
Financing
Details
Pie Insurance Competitors (4)
One of Pie Insurance’s 4 competitors is Next Insurance, a Formerly VC-backed company based in Palo Alto, CA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Next Insurance | Formerly VC-backed | Palo Alto, CA | ||||
| AIG Kenya Insurance | Corporate Backed or Acquired | Nairobi, Kenya | ||||
| CoverWallet | Formerly VC-backed | New York, NY | ||||
| AF Group | Corporation | Lansing, MI |
Pie Insurance Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Pie Insurance Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Pie Insurance Investors (19)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Centerbridge Partners | PE/Buyout | Minority | ||
| Four Cities Capital | Venture Capital | Minority | ||
| White Mountains Insurance Group | Holding Company | Minority | ||
| Allianz X | Growth/Expansion | Minority | ||
| Evolution VC Partners | Venture Capital | Minority |
Pie Insurance Acquisitions (2)
Pie Insurance’s most recent deal was a Merger/Acquisition with Pie Casualty Insurance Company. The deal was made on 25-Aug-2021.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Pie Casualty Insurance Company | 25-Aug-2021 | Merger/Acquisition | Property and Casualty Insurance | ||
| American Sentinel Insurance Company | 23-Oct-2020 | Merger/Acquisition | Property and Casualty Insurance |
Pie Insurance FAQs
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When was Pie Insurance founded?
Pie Insurance was founded in 2017.
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Where is Pie Insurance headquartered?
Pie Insurance is headquartered in Denver, CO.
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What is the size of Pie Insurance?
Pie Insurance has 404 total employees.
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What industry is Pie Insurance in?
Pie Insurance’s primary industry is Commercial/Professional Insurance.
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Is Pie Insurance a private or public company?
Pie Insurance is a Private company.
-
What is Pie Insurance’s current revenue?
The current revenue for Pie Insurance is .
-
How much funding has Pie Insurance raised over time?
Pie Insurance has raised $620M.
-
Who are Pie Insurance’s investors?
Centerbridge Partners, Four Cities Capital, White Mountains Insurance Group, Allianz X, and Evolution VC Partners are 5 of 19 investors who have invested in Pie Insurance.
-
Who are Pie Insurance’s competitors?
Next Insurance, AIG Kenya Insurance, CoverWallet, and AF Group are competitors of Pie Insurance.
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