Insurance startup Corgi hits $1.3 billion valuation just four months…

Team S · 2026-05-07T13:55:39.000Z

Corgi, a business insurance startup, has raised a $160 million Series B led by TCV, valuing the company at $1.3 billion. The round comes just four months after the company closed a $108 million Series A, bringing its total funding to $268 million. The rapid back-to-back raises have made Corgi the latest unicorn to emerge from Y Combinator. Corgi provides insurance coverage for businesses, with a focus on general liability, cyber liability, and tech and AI liability. Its customers include Deel and Artisan. The company positions itself at the intersection of insurtech and the growing demand for AI-era risk coverage. Corgi was founded in 2024 by Nico Laqua and Emily Yuan. The company was part of Y Combinator's Spring 2024 batch. Corgi raised a $108 million Series A in early 2026, followed by the $160 million Series B announced in May 2026 — four months later. Total funding to date stands at $268 million. The Series B was led by TCV, with participation from Kindred Ventures, Leblon Capital, and First Order Fund. Y Combinator backed the company from its earliest stage.

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Insurance startup Corgi hits $1.3 billion valuation just four months… | Newnex