When was Pier founded?

Pier was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Pier located?

Pier is headquartered in United States.

How many employees does Pier have?

As of May 31, 2026, the latest employee count at Pier is 234.

Is Pier a funded company?

Pier is a funded company, having raised a total of $50.5M across 4 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on May 21, 2019.

When was the latest funding round of Pier?

Pier's latest funding was a $***** Series B round on May 31, 2022, with participation from 0 investor.

Where does Pier rank among its competitors?

Pier ranks 7th amongst 84 active competitors, of which 12 are funded. It stands 3rd in terms of total funding among its competitors. The most recent competitor to raise funding was Vouch, which secured an undisclosed amount in Feb, 2025.

Who are the top competitors of Pier?

Pier's top competitors include Vouch, Branch and Trellis. Among them, Vouch secured the most recent funding round in February, 2025.

Pier - 2026 Company Profile, Team, Funding & Competitors

Pier is a series B company based in United States, founded in 2018 by Igor Mascarenhas, Rafael Oliveira and Lucas Prado. It operates as an App-based P&C insurance platform for individuals. Pier has raised $50.5M in funding from Monashees. The company has 84 active competitors, including 12 funded and 12 that have exited. Its top competitors include companies like Vouch, Branch and Trellis.

Company Details

App-based P&C insurance platform for individuals. It offers quotes for cell phone insurance and auto insurance. It offers coverage against theft, electrical breakdown, mechanical breakdown, and more. It allows users to pay the monthly premium by credit card and cancel the insurance anytime.

Website: pier.digital
Social
Email ID: *****@pier.digital

Key Metrics

Founded Year

2018

Location

United States

Stage

Series B

Total Funding

$50.5M in 4 rounds

Latest Funding Round

Series B, May 31, 2022, $*****

Investors

Monashees & 6 more

Ranked

7^th among 84 active competitors

Employee Count

234 as on May 31, 2026

Investment & Acquisitions

Arado

Similar Companies

Wefox & 101 more

View Pier's full profile

Pier has raised a total funding of $50.5M over 4 rounds. Its first funding round was on May 21, 2019. Pier has 7 institutional investors.

Here is the list of recent funding rounds of Pier:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
May 31, 2022	4399997	Series B	4500159	6116313	5142852	9080132
Sep 16, 2021	9835692	Series B	8487293	2741947	3760014	6878394
Nov 27, 2020	4143501	Series A	4452431	8073719	Monashees	BTG Pactual & 2 more

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View details of Pier's funding rounds and investors

The founders of Pier are Igor Mascarenhas, Rafael Oliveira and Lucas Prado.

Here are the details of Pier's key team members:

Igor Mascarenhas: Co-Founder & Chairman of Pier and founder of 1 other company.
Contact Info: 1 email address
Rafael Oliveira: Co-founder and CTO of Pier.
Lucas Prado: Co-Founder | Board Member of Pier.
Contact Info: 1 email address

View details of Pier's Founder profiles and Board Members

Pier's employee count trend

Pier has 234 employees as of May 26. Here is Pier's employee count trend over the years:

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Top competitors of Pier include Vouch, Branch and Trellis. Here is the list of Top 10 competitors of Pier, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Vouch 2018, San Francisco (United States), Series D	Online property insurance platform for businesses	$203M	Ribbit Capital, SVB & 20 others	66/100
2nd	Branch 2017, Columbus (United States), Series D	Provider of auto and home insurance solutions	$280M	Greycroft, Hudson Structured & 16 others	63/100
3rd	Trellis 2019, San Francisco (United States), Acquired	Online P&C platform for insurance products	$17M	American Express, QED Investors & 3 others	61/100
4th	Rainbow 2021, San Francisco (United States), Series A	Property and casualty insurance for restaurant businesses	$37M	Zigg Capital, 8VC & 5 others	61/100
5th	Mapfre 1935, Majadahonda (Spain), Acquired	Diversified insurance carrier	-	-	60/100
6th	Slice 2015, New York City (United States), Series A	Provider of on-demand, digital insurance products for small businesses	$35.5M	XL Innovate, Horizons Ventures & 9 others	59/100
7th	Pier 2018, United States, Series B	App-based P&C insurance platform for individuals	$50.5M	Monashees, Airborne & 5 others	58/100
8th	Bamboo Insurance 2017, Gold River (United States), Acquired	Online comparison platform for property & casualty insurance	$40.9M	Eos Ventures, Wedbush Capital & 1 others	52/100
9th	Brown & Brown 1939, Daytona Beach (United States), Public	Internet first provider of property, casualty, workers compensation, surety & aviation insurance services	-	MUFG	47/100
10th	BiBERK 2016, Stamford (United States), Unfunded	Small Business insurance provider	-	-	46/100