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Pie Insurance raises $118m in Series C funding

Washington, D.C. based provider of workers’ comp insurance for small businesses raised $118m in Series C funding led by Allianz and Acrew Capital.

“We are riding that wave,” said Pie Insurance co-founder and CEO John Swigart. “We believe small businesses deserve better than they have historically gotten. And we think that technology can be the means by which that better experience, that more efficient process, and fundamentally, that lower price can be delivered to them.”

Tags

insurtech, workers comp, smbs