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Pie Insurance
Pie Insurance Company Growth, Stability & Outlook
Frequently Asked Questions
Pie has built a track record of consistent growth in a large and durable market. Workers' compensation is a foundational requirement for businesses with employees, which means Pie operates in a sector with stable demand and significant long-term potential. Pie has scaled to serve small businesses across 39 states and DC, crossed the milestone of 55,000 policies, and continued to invest in technology and expansion, all signals of a company with a stable foundation and forward momentum.
Backed by strong investors and operating in a space where the incumbents have been slow to modernize, Pie's financial position reflects both the strength of its model and the size of the opportunity ahead. Leadership communicates about the company's financial health with appropriate transparency, giving Pie-oneers and stakeholders confidence in the direction of the business.
What People Are Saying About Pie Insurance
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Market Expansion: Geographic reach expanded to 39 states plus Washington, D.C., after entering Connecticut in 2025, which the company says covers roughly 83% of U.S. small businesses. Distribution also deepened with a partner‑agent network exceeding 5,000 agencies.
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Investor Backing & Capital Strength: Capital resources are bolstered by a $315 million Series D in 2022, bringing reported total funding above $615 million to support expansion. This capital base provides room to scale products, distribution, and operations.
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Strong Revenue Growth: Earlier results highlight rapid top‑line momentum, including more than doubled gross written premium in Q1 2022 and an annualized run‑rate near $300 million, with independent coverage noting the same figure. The company also cites repeated Inc. 5000 placements based on multi‑year revenue growth.
