Pie Insurance Holdings Inc. announced that it has raised $118 million in a round of funding led by new investor Allianz X GmbH and aCrew Capital on March 25, 2021. The transaction included participation from returning investors Greycroft Partners LLC, Silicon Valley BancVentures, Inc., Sirius International Insurance Group, Ltd., Elefund and Moxley Holdings. The company has raised $300 million funding till date.