In August 2018, Pie Insurance announced that it raised an $11 million Series A funding round that it said would be dedicated to geographic expansion, Technical.
It’s the ninth market Pie Insurance has entered within the last six months.
“With our launch in the state, we’re bringing transparency, fair pricing, & convenience to California small business owners. We look forward to moving at the fast pace Californians expect.” – John Swigart, Pie Insurance CEO https://t.
Pie Insurance is an online provider of workers’ compensation insurance for small and medium-sized businesses.
“Purchasing workers’ compensation insurance in California has historically been a confusing, often expensive experience for small business owners,” Swigart said in a statement.
Pie Insurance conducted research and discovered that 80 percent of small businesses overpay for workers’ compensation insurance, by as much as 30 percent, the press release states.
The company plans to enter additional markets by the end of 2018 and through 2019, Pie Insurance PR representative Nicholas Paik said.