Corgi
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Investors
Founders
About
Corgi is a San Francisco-based AI-native, full-stack insurance carrier built for startups, founded in 2024 by Nico Laqua (CEO) and Emily Yuan (COO) 1. The company was part of Y Combinator’s Spring 2024 batch 2. Corgi offers business insurance products including directors and officers liability, errors and omissions, cyber, commercial general liability, hired and non-owned auto, fiduciary liability, and AI liability coverage 1. Corgi received full regulatory approval to operate as an insurance carrier in July 2025, and reported annual recurring revenue surpassing $40M by January 2026 1. Notable customers include Deel and Artisan 2.
Funding History
| Date | Round | Amount | Lead | Co-investors |
|---|---|---|---|---|
| 2026-01-09 | Series A (incl. seed) | $108M | Y Combinator | Kindred Ventures, Contrary, Oliver Jung, Glade Brook Capital Partners, Seven Stars, Leblon Capital, Fellows Fund, Alumni Ventures, Quadri Ventures, Vocal Ventures, Phosphor Capital, SV Angel 1 |
| 2026-05-06 | Series B | $160M | TCV | 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 23 |
| 2026-05-28 | Series B1 | $106M | TCV | Prime Capital, Zone 2 Ventures, Oliver Jung, Leblon Capital, Kindred Ventures, Quadri Ventures, First Order Fund, Vocal Ventures, Nordstar, GSBackers, Repeat Ventures, 8188 Capital 56 |
The Series A round valued Corgi at $630M 4. The Series B round announced May 6, 2026 valued Corgi at $1.3B 2. The Series B1 announced May 28, 2026 — just three weeks later — doubled the valuation to $2.6B with substantially the same investor set as the Series B 56.
What Investors Say
“True innovation in insurance requires actuarial science, AI-driven systems, and fundamental policy rethinking.” — Kanyi Maqubela, Managing Partner, Kindred Ventures 1
What Founders Say
“Startups move fast, and so should their insurance. Founders shouldn’t have to choose between speed, coverage quality and price.” — Nico Laqua, CEO and Co-Founder, Corgi 1
“Insurance is one of the largest industries in the world, but it’s still built on infrastructure from centuries ago. We started with property management and are expanding into trucking insurance, payroll, and small business.” — Emily Yuan, COO and Co-Founder, Corgi 3
“Where other companies might take the boring but safe path, Corgi will always dream bigger, accomplish more, and take more swings for the fences.” — Nico Laqua, CEO and Co-Founder, Corgi 3
Sources
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PR Newswire, “Corgi Insurance Raises $108 Million, Receives Regulatory Approval to Launch the First Full-Stack Insurance Carrier for Startups,” January 9, 2026, accessed April 2026. https://www.prnewswire.com/news-releases/corgi-insurance-raises-108-million-receives-regulatory-approval-to-launch-the-first-full-stack-insurance-carrier-for-startups-302657727.html↩↩↩↩↩↩
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TechCrunch, “Insurance startup Corgi hits $1.3B valuation 4 months after its Series A,” May 6, 2026, accessed April 2026. https://techcrunch.com/2026/05/06/insurance-startup-corgi-hits-1-3b-valuation-4-months-after-its-series-a/↩↩↩↩
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Yahoo Finance, “Corgi Raises $160 Million Series B to Continue Expanding Its Full-Stack Insurance Platform Into New Verticals,” May 6, 2026, accessed April 2026. https://finance.yahoo.com/sectors/technology/articles/corgi-raises-160-million-series-160000034.html↩↩↩
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Axios Pro Fintech Deals, “Startup insurer Corgi raises $108 million,” January 8, 2026, accessed April 2026. https://www.axios.com/pro/fintech-deals/2026/01/08/startup-insurer-corgi-108-million-630-million-valuation↩
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TechCrunch, “Corgi announces $106M raise at $2.6B valuation — double what it was worth 3 weeks ago,” May 28, 2026. Accessed May 2026. https://techcrunch.com/2026/05/28/corgi-announces-106m-raise-at-2-6b-valuation-three-weeks-after-160m-series-b/↩↩
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PR Newswire, “Corgi Reaches $2.6B Valuation With $106M Series B1 Three Weeks After $160M Unicorn Round,” May 28, 2026. Accessed May 2026. https://www.prnewswire.com/news-releases/corgi-reaches-2-6b-valuation-with-106m-series-b1-three-weeks-after-160m-unicorn-round-302784796.html↩↩