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Pie Insurance is leveraging technology to transform how small businesses buy and experience commercial insurance, with the goal of making it affordable. ....
To print this article, all you need is to be registered or login on Mondaq.com. Washington, DC – April 9, 2021 – Cooley advised Pie Insurance, an insurtech specializing in workers compensation insurance for small businesses, on its $118 million Series C financing round, which brings the company s total equity funding raised to more than $300 million. Partner Derek Colla led the Cooley team advising Pie. Allianz X and Acrew Capital co-led the round, which also included participation from existing investors Greycroft, SVB Capital, SiriusPoint, Elefund and Moxley Holdings. Pie will use the new capital to invest further in technology and automation, as well as to grow its core workers compensation insurance business ....