Breaking News
Corgi Raises $160M Series B at $1.3B Valuation
Corgi announced it has raised $160 million in Series B funding at a $1.3 billion valuation, advancing its mission to build the first AI-native, full-stack insurance platform for startups. The company was founded by Emily Yuan and Nico Laqua.
The Funding
The round was led by TCV, with participation from both existing and new investors including Oliver Jung, Leblon Capital, Kindred Ventures, Repeat VC, Zone 2 Ventures, Audeo Ventures, Quadri Ventures, First Order Fund, Vocal Ventures, Maiora Ventures, Nordstar, Seven Stars Ventures, Hexa Capital, Alpha Square Group, GSBackers, OurCrowd, Alumni Ventures, Global Growth Fund, and other strategic investors.
This financing builds on Corgi’s previously announced $108 million across its seed and Series A rounds, backed by investors including Y Combinator, Kindred Ventures, Contrary, and more. Since receiving regulatory approval in July 2025, Corgi has launched what it describes as the first AI-native, full-stack insurance platform purpose-built for startups.
This new funding brings Corgi’s total amount raised to over $268 million.
Expanding the Platform
The new capital will support the continued expansion of Corgi’s startup insurance products, including broader coverage, deeper distribution, and ongoing investment in the AI systems that power underwriting, claims, and policy operations.
The company is also moving into new verticals, beginning with trucking, where it plans to bring faster quoting, more adaptive risk models, and coverage aligned with real-world operations.
Leadership
“Insurance is one of the largest industries in the world, but it’s still built on infrastructure from centuries ago,” said Emily Yuan, co-founder and COO of Corgi. “We started with property management and are expanding into trucking insurance, payroll, and small business, automating some of the hardest workflows in the real economy.”
Corgi’s long-term vision is to modernize one of the most complex sectors in financial services. Traditional insurance is fragmented across TPAs, MGAs, reinsurers, and carriers, resulting in slow processes, disconnected systems, and delayed decision-making. Corgi is rebuilding this stack from the ground up to enable faster decisions, streamlined operations, and real-time coverage.
“Where other companies might take the boring but safe path, Corgi will always dream bigger, accomplish more, and take more swings for the fences,” said Nico Laqua, co-founder and CEO of Corgi. “We will for sure always be the most passionate, genuine, curious, and ambitious of any company.”
People In This Post
Companies In This Post
- RTS 2026: Moving Beyond Efficiency to the Richer Checkout Experience Read more
- The AI Chatbot Trap in Deal Intelligence: Why Bolt-On AI Is Not the Same as AI-Native Platforms Read more
- Temenos Launches Embedded AI Capabilities to Help Banks Move Faster, Stay in Control, and Create Better Experiences Read more
- Pakistan’s HBL Goes Live on Temenos Core Banking Read more
- Juspay and Cumbuca Launch the Open Finance Playground, an Open-Source Developer Guide for Brazil’s Open Finance Ecosystem Read more
Corgi Raises $160M Series B at $1.3B Valuation
Corgi announced it has raised $160 million in Series B funding at a $1.3 billion valuation, advancing its mission to build the first AI-native, full-stack insurance platform for startups
Laka Acquires VeloLife’s Bike Insurance Business, Marking Its Fourth Acquisition as M&A Strategy Accelerates
Laka announces the acquisition of assets from VeloLife, the specialist cycle insurance provider
Verisk Brings Its Trusted Analytics and Generative AI Capabilities Directly into Anthropic’s Claude
Verisk announced its trusted insurance analytics are now available in Claude, Anthropic’s family of AI models
Soter Insure Receives Full License Approval from the Dubai Financial Services Authority
Soter Insure has received full authorization from the DFSA as a Category 4 license for insurance intermediation
Wakam UK Highlights Evolving Market Dynamics as MGAs Prepare for the Next Wave of Growth
Wakam UK has set out its strategy for MGA distribution, while investing heavily in its UK presence to support MGA partnerships
OCTO and Sedgwick Announce Strategic Telematics Partnership
OCTO announced a strategic partnership with Sedgwick to reshape the future of insurance and mobility by combining advanced telematics with claims management
Kin Secures $335 Million Catastrophe Bond, Its Largest and Most Expansive Yet
Kin Insurance today announced the successful completion of its largest-ever catastrophe bond totaling $335 million across four bonds
RTS 2026: Moving Beyond Efficiency to the Richer Checkout Experience
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
The AI Chatbot Trap in Deal Intelligence: Why Bolt-On AI Is Not the Same as AI-Native Platforms
Share this post: Share on LinkedIn Share on X (Twitter) Share on Facebook Share on […]
Temenos Launches Embedded AI Capabilities to Help Banks Move Faster, Stay in Control, and Create Better Experiences
Temenos announced new AI-powered product capabilities launching at TCF 2026 including Temenos AI Agents, Copilots and Conversational Studio
Pakistan’s HBL Goes Live on Temenos Core Banking
Temenos announced that HBL, has successfully gone live with Temenos Core Banking in one of the region’s most ambitious modernization programs
Juspay and Cumbuca Launch the Open Finance Playground, an Open-Source Developer Guide for Brazil’s Open Finance Ecosystem
Juspay and Cumbuca launched the Open Finance Playground, an open-source implementation guide for Brazil's Open Finance ecosystem
Currensea Expands Into Europe After Securing Dutch Regulatory Approval
Currensea has secured a licence to operate in the Netherlands, enabling the business to begin serving customers across Europe
FCA Sets Out Changes to Payment Safeguarding Rules
The FCA announced consumers will be better protected when they use payment firms, with the introduction of new rules to protect their money