The company noted it will be using the funds to expand geographically, add new distribution sources, and continue to make the entire experience easy as pie for its customers. Pie , an insurtech offering workers’ compensation insurance to small and medium-sized enterprises (SMEs), has raised $ 45 m in series B funding, less than six months after picking up $ 4.3 m in seed funding. SVB Capital , Elefund , SVB Capital , Sirius Group , Greycroft and Moxley Holdings participated in the round. The insurtech has reported a total of 4.3 in funding since it was founded in 2017 . Since selling its first policy in March 2018 , Pie has generated more than $10m in written premiums from its clients.
Pie , an insurtech offering workers’ compensation insurance to small and medium-sized enterprises (SMEs), has raised $ 45 m in series B funding, less than six months after picking up $ 4.3 m in seed funding. SVB Capital , Elefund , SVB Capital , Sirius Group , Greycroft and Moxley Holdings participated in the round. The insurtech has reported a total of 4.3 in funding since it was founded in 2017 . Since selling its first policy in March 2018 , Pie has generated more than $10m in written premiums from its clients.