Corgi Raises $160 Million Series B

<p><span class&equals;"legendSpanClass"><strong>SAN FRANCISCO<&sol;strong> <&sol;span>&&num;8212&semi; Corgi&comma; a full-stack insurance platform for startups&comma; has raised &dollar;160 million in Series B funding at a &dollar;1&period;3 billion valuation&period;<&sol;p>&NewLine;<p>The round was led by TCV&comma; with participation from both existing and new investors including Oliver Jung&comma; Leblon Capital&comma; Kindred Ventures&comma; Repeat VC&comma; Zone 2 Ventures&comma; Audeo Ventures&comma; Quadri Ventures&comma; First Order Fund&comma; Vocal Ventures&comma; Maiora Ventures&comma; Nordstar&comma; Seven Stars Ventures&comma; Hexa Capital&comma; Alpha Square Group&comma; GSBackers&comma; OurCrowd&comma; Alumni Ventures&comma; Global Growth Fund&comma; and other strategic investors&period;<&sol;p>&NewLine;<p>This financing builds on Corgi&&num;8217&semi;s previously announced &dollar;108 million across its seed and Series A rounds&comma; backed by investors including Y Combinator&comma; Kindred Ventures&comma; Contrary&comma; and more&period; Since receiving regulatory approval in July 2025&comma; Corgi has launched what it describes as the first AI-native&comma; full-stack insurance platform purpose-built for startups&period; This new funding brings Corgi&&num;8217&semi;s  total amount raised to over &dollar;268 million&period;<&sol;p>&NewLine;<p>The new capital will support the continued expansion of Corgi&&num;8217&semi;s startup insurance products&comma; including broader coverage&comma; deeper distribution&comma; and ongoing investment in the AI systems that power underwriting&comma; claims&comma; and policy operations&period; The company is also moving into new verticals&comma; beginning with trucking&comma; where it plans to bring faster quoting&comma; more adaptive risk models&comma; and coverage aligned with real-world operations&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Insurance is one of the largest industries in the world&comma; but it&&num;8217&semi;s still built on infrastructure from centuries ago&comma;&&num;8221&semi; said Emily Yuan&comma; co-founder and COO of Corgi&period; &&num;8220&semi;We started with property management and are expanding into trucking insurance&comma; payroll&comma; and small business&comma; automating some of the hardest workflows in the real economy&period;&&num;8221&semi;<&sol;p>&NewLine;<p>Corgi&&num;8217&semi;s long-term vision is to modernize one of the most complex sectors in financial services&period; Traditional insurance is fragmented across TPAs&comma; MGAs&comma; reinsurers&comma; and carriers&comma; resulting in slow processes&comma; disconnected systems&comma; and delayed decision-making&period; Corgi is rebuilding this stack from the ground up to enable faster decisions&comma; streamlined operations&comma; and real-time coverage&period;<&sol;p>&NewLine;<p>&&num;8220&semi;Where other companies might take the boring but safe path&comma; Corgi will always dream bigger&comma; accomplish more&comma; and take more swings for the fences&comma;&&num;8221&semi; said Nico Laqua&comma; co-founder and CEO of Corgi&period; &&num;8220&semi;We will for sure always be the most passionate&comma; genuine&comma; curious&comma; and ambitious of any company&period;&&num;8221&semi;<&sol;p>&NewLine;

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