Corgi Raises $106M Series B at $2.6B Valuation

Corgi, a San Francisco, CA-based insurtech startup, has raised $106 million in a Series B1 funding round, bringing its total funding to $378 million.

Investors

The round was led by TCV. Additional participating investors included Prime Capital, Zone 2 Ventures, Oliver Jung, Leblon Capital, Kindred Ventures, Quadri Ventures, First Order Fund, Vocal Ventures, Nordstar, GSBackers, Repeat Ventures, and 8188 Capital.

Corgi Use of Funds

The company plans to use the new capital to continue the expansion of its full-stack insurance platform and to launch new commercial insurance products into additional markets, including trucking, small business, and sports.

About Corgi

Founded in 2024 by Emily Yuan and Nico Laqua, Corgi is a company that leverages artificial intelligence to provide a full-stack commercial insurance platform that automates underwriting, policy administration, and claims management for rapidly scaling businesses. By operating its own insurance infrastructure, the company provides automated, AI-driven solutions for quotes, policy adjustments, and risk assessment to replace traditional, manual insurance processes.

Funding Details

Company Website: https://corgi.insure

Company: Corgi
Raised: $106M
Round: Series B1
Funding Date: May 29, 2026
Lead Investor: TCV
Additional Investors: Prime Capital, Zone 2 Ventures, Oliver Jung, Leblon Capital, Kindred Ventures, Quadri Ventures, First Order Fund, Vocal Ventures, Nordstar, GSBackers, Repeat Ventures, 8188 Capital
Software Category: Insurtech
Source: https://techfundingnews.com/yc-unicorn-corgi-doubles-valuation-to-2-6b-in-three-weeks-with-106m-raise-to-modernise-commercial-insurance/