Corgi Secures $160 Million in Series B Funding for Innovative Insurance Expansion

Corgi Raises $160 Million in Series B Funding

Corgi, the AI-native full-stack insurance company, announced on May 6, 2026, that it has successfully raised $160 million in Series B funding, boosting its valuation to $1.3 billion. The company, co-founded by Emily Yuan and Nico Laqua, aims to redefine the insurance landscape by developing specialized insurance solutions for startups.

This latest funding round, led by TCV, saw participation from various existing and new investors, including the likes of Oliver Jung, Leblon Capital, and Kindred Ventures. Notably, this investment builds upon Corgi's previous achievements, having raised $108 million through its seed and Series A rounds.

Since gaining regulatory approval in July 2025, Corgi has made significant strides by launching what it claims to be the first AI-native, full-stack insurance platform designed specifically for startups. This new influx of capital, elevating Corgi's total funding to over $268 million, will facilitate the company's ongoing expansion of insurance products tailored for new enterprises.

As part of its growth strategy, Corgi plans to broaden its offerings across various sectors, beginning with trucking insurance. This initiative aims to introduce quicker quotes, adaptive risk models, and coverage that aligns closely with practical operations in the trucking industry. Emily Yuan, the co-founder and COO, emphasized the need for innovation in the insurance sector, pointing out that its infrastructure lags centuries behind.

"Insurance is one of the largest industries in the world, but it's still built on infrastructure from centuries ago," Yuan stated. Corgi's approach intends to modernize these outdated systems, which often lead to slow processes and disconnected operations. The company is focused on streamlining these mechanisms to enable faster decisions and enhanced real-time coverage.

Co-founder and CEO Nico Laqua expressed the company's ambitious goals: "Where other companies might take the boring but safe path, Corgi will always dream bigger, accomplish more, and take more swings for the fences." This reflects the startup's ethos of fostering a passionate and innovative culture, keen on disrupting the status quo in financial services.

Corgi operates as a licensed insurance carrier, managing all aspects of insurance—from underwriting to claims management—through advanced AI technology. This modern infrastructure allows the company to offer responsive and flexible coverage tailored to the dynamic needs of startups.

In summary, Corgi's recent funding marks a pivotal moment in its journey toward transforming the insurance landscape, enabling startups to access tailored insurance solutions that match their unique business models. As Corgi continues its growth trajectory, industry observers are eager to see how it will further disrupt traditional insurance practices and bring its vision to fruition, establishing a new benchmark for startup insurance.

For more details or media inquiries, interested parties can contact Erika Lee, the Head of Brand at Corgi, via email.