Company intelligence

Corgi

As of September 29, 2026, Corgi was last valued at $5B (Business Insider (via Yahoo Finance)) and has raised at least $374M in equity across 3 sourced funding rounds.

Corgi is an AI-native, full-stack insurance carrier that underwrites and services commercial coverage (D&O, cyber, general liability, AI liability) primarily for tech startups.

InsurtechSan Francisco, California, USAFounded 2024Founders: Nico Laqua, Emily YuanWebsite ↗See connections →
Last verified Sep 29, 2026

Corgi at a glance

As of
Latest valuation
$5B[1]
September 2026
Equity raised
$374M[2]
Across 3 sourced roundsDerived
Lead investors
TCV[3]
Across 2 sourced rounds
Founded
2024[4]
Headquarters
San Francisco, California, USA[5]
  1. [1] Latest valuation: Business Insider (via Yahoo Finance), September 29, 2026
  2. [2] Equity raised: Sum of the 3 sourced equity rounds in the funding history below (debt, tender offers and rumored rounds excluded), May 28, 2026
  3. [3] Lead investors: Corgi, May 28, 2026
  4. [4] Founded: Wikidata (retrieved October 4, 2026)
  5. [5] Headquarters: TechCrunch (retrieved July 23, 2026)

What Corgi does

Corgi describes itself as "the AI-native, full-stack insurance platform built for startups" (Oct 2026).[1] Corgi sells modular coverage including CGL, D&O, Tech E&O, cyber, EPLI and fiduciary policies aimed at founders.[1] The company says it handles underwriting, policy design, servicing and claims administration in one place.[1] Coverage may be underwritten by Corgi Insurance Company, Inc., an admitted property and casualty carrier (NAIC #17989), or by Technology Risk Retention Group, Inc., according to Corgi's website.[1] Corgi also operates two 24-hour coffee shops and offers data room software, TechCrunch reported in July 2026.[2]

Business model and customers

Corgi received regulatory approval in July 2025, according to the company.[3] When Corgi announced its Series A, its founders said it had reached $40 million in annualized revenue run rate, and sources told Forbes in July 2026 that it is on track for a $450 million run rate by the end of the year, TechCrunch reported.[2] Corgi said in May 2026 that it is moving into new verticals beginning with trucking.[3]

Leadership

  • Nico Laqua, co-founder and CEO of Corgi[3]
  • Emily Yuan, co-founder and COO of Corgi[3]
Ranked on: #8 Top Fintech Startups 2026 · #21 Largest Series B Rounds of 2026 (Ranked) · Get your badge →

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Company Snapshot

Corgi is a Insurtech company, based in San Francisco, California, USA, founded 2024 by Nico Laqua, Emily Yuan.

Recent changes

  1. Sep 29, 2026Valuation rose from $4B to $5B Business Insider (via Yahoo Finance)
  2. Jul 23, 2026Insurtech Corgi Hits $4B Valuation, Third Raise in 8 Weeks Pulse story
  3. Jul 23, 2026Corgi Hits $4B Valuation in Third Round in Eight Weeks Pulse story
  4. Jul 23, 2026Valuation rose from $2.6B to $4B TechCrunch
  5. May 28, 2026Raised $106M Series B1 at a $2.6B valuation Corgi
Earlier changes (5)
  1. May 28, 2026Valuation rose from $1.3B to $2.6B Corgi
  2. May 7, 2026Raised $160M Series B at a $1.3B valuation Corgi
  3. May 7, 2026First reported valuation: $1.3B Corgi
  4. May 7, 2026New investor: TCV Corgi
  5. Jan 2026Raised $108M Series A TechCrunch

Funding history

3 equity events · newest first · sources dated per row
DateRoundAmountValuationLead investorsSource
May 28, 2026Series B1$106M$2.6Bpost-money
TCVunverified
Corgi
May 7, 2026Series B$160M$1.3Bpost-money
TCVunverified
Corgi
Jan 2026Series A$108M—
—
TechCrunch

Equity only. “Equity raised” above sums the rounds with a dated, linked source; rumored rounds, tender offers and secondary sales are listed but not counted, and debt financing is listed separately.

Funding timeline · 3 rounds · $374M tracked
$0.0M$90M$179M$108MSeries AJan 26$160MSeries BMay 26$106MSeries B1May 26

How Corgi has been funded

Corgi, a Y Combinator summer 2024 company, raised a $108 million Series A in January 2026 at an undisclosed valuation, TechCrunch reported.[2] Corgi describes that $108 million as spanning its seed and Series A rounds, backed by investors including Y Combinator, Kindred Ventures and Contrary.[3] On May 7, 2026, Corgi announced a $160 million Series B at a $1.3 billion valuation, led by TCV with participation from investors including Kindred Ventures, Leblon Capital and Repeat VC.[3] Corgi said the Series B brought its total amount raised to over $268 million.[3] On May 28, 2026, Corgi announced a $106 million Series B1 led by TCV that brought its valuation to $2.6 billion, three weeks after the Series B.[4] In July 2026, sources told Forbes that Corgi had closed a further Series B extension at a $4 billion valuation; the amount was not reported and the company declined to comment, TechCrunch said.[2] Business Insider reported on September 29, 2026 that Corgi has raised over $431 million and is valued at $5 billion, according to a person familiar with the matter.[5]

Investors and their roles

  • TCV (led the $160 million Series B in May 2026 and the $106 million Series B1)[3],[4]
  • Kindred Ventures (seed/Series A backer; joined the Series B, May 2026)[3]
  • Y Combinator (backed Corgi's seed and Series A rounds)[3]
  • Contrary (backed Corgi's seed and Series A rounds)[3]
  • Nordstar, OurCrowd and Alumni Ventures (Series B participants, May 2026)[3]
Valuation over time
$0M$2.8B$5.5B2026-052026-072026-09
Underlying values
As ofValueMethodSource
Sep 29, 2026$5BReportedBusiness Insider (via Yahoo Finance)
Jul 23, 2026$4BReportedTechCrunch
May 28, 2026$2.6BDerivedCorgi
May 7, 2026$1.3BDerivedCorgi

Investors

TCVAlumni VenturesBlueYard CapitalContrary CapitalKindred VenturesNordstarSV AngelY Combinator

Latest Pulse

  1. InsurTech Funding Is Really Just Three CompaniesFrench insurer Alan's $550 million round and Corgi's three raises together account for more than half of all disclosed InsurTech capital over the past year, a category where a handful of winners absorb nearly everything.→
  2. Insurtech Corgi Hits $4B Valuation, Third Raise in 8 WeeksAI-driven insurtech Corgi has raised fresh capital at a $4 billion valuation, its third fundraise in under eight weeks and a more than 50% markup from the $2.6 billion mark it hit just three weeks earlier.→
  3. Corgi Hits $4B Valuation in Third Round in Eight WeeksAI insurance startup Corgi raised at a $4 billion valuation -- its third round in eight weeks and a 54% jump from the $2.6 billion mark it held in late May -- as annualized revenue races toward $450 million.→

Coverage Timeline

newest first
  1. Sep 6, 2026FUNDINGInsurTech Funding Is Really Just Three Companies$1.67B disclosed, 1 year→
  2. Jul 23, 2026FUNDINGInsurtech Corgi Hits $4B Valuation, Third Raise in 8 Weeks$4B Valuation→
  3. Jul 23, 2026FUNDINGCorgi Hits $4B Valuation in Third Round in Eight WeeksB2 Round at $4B→

All Coverage

FUNDING

InsurTech Funding Is Really Just Three Companies

Illustration for: InsurTech Funding Is Really Just Three Companies
FUNDING$1.67B disclosed, 1 year

InsurTech Funding Is Really Just Three Companies

French insurer Alan's $550 million round and Corgi's three raises together account for more than half of all disclosed InsurTech capital over the past year, a category where a handful of winners absorb nearly everything.

DEEP DIVE
FUNDING

Insurtech Corgi Hits $4B Valuation, Third Raise in 8 Weeks

Illustration for: Insurtech Corgi Hits $4B Valuation, Third Raise in 8 Weeks
FUNDING$4B Valuation

Insurtech Corgi Hits $4B Valuation, Third Raise in 8 Weeks

AI-driven insurtech Corgi has raised fresh capital at a $4 billion valuation, its third fundraise in under eight weeks and a more than 50% markup from the $2.6 billion mark it hit just three weeks earlier.

FUNDING

Corgi Hits $4B Valuation in Third Round in Eight Weeks

Illustration for: Corgi Hits $4B Valuation in Third Round in Eight Weeks
FUNDINGB2 Round at $4B

Corgi Hits $4B Valuation in Third Round in Eight Weeks

AI insurance startup Corgi raised at a $4 billion valuation -- its third round in eight weeks and a 54% jump from the $2.6 billion mark it held in late May -- as annualized revenue races toward $450 million.

Value Add Research

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Corgi FAQ

What is Corgi's valuation?

Corgi is valued at $5 billion, according to a person familiar with the matter cited by Business Insider on September 29, 2026.[5] Its last company-announced valuation was $2.6 billion with the $106 million Series B1 on May 28, 2026.[4]

How much revenue does Corgi make?

Corgi's founders said it had reached $40 million in annualized revenue run rate when it announced its Series A, and sources told Forbes in July 2026 that it is on track for a $450 million run rate by year end.[2]

How much has Corgi raised?

Corgi has raised over $431 million, Business Insider reported in September 2026; the company itself put its total at over $268 million after the May 2026 Series B.[5],[3]

Who invested in Corgi?

TCV led Corgi's $160 million Series B and $106 million Series B1 in May 2026, and earlier backers include Y Combinator, Kindred Ventures and Contrary.[3],[4]

Who founded Corgi?

Nico Laqua and Emily Yuan founded Corgi and launched it in 2024 after going through Y Combinator; Laqua is CEO and Yuan is COO.[5],[3]

Is Corgi a public company?

No; Corgi raised a private $106 million Series B1 in May 2026, so it is privately held as of that date.[4]

When was Corgi founded and where is it based?

Corgi was founded in 2024 and is headquartered in San Francisco, California, USA, according to Wikidata and TechCrunch.

References

researched 2026-10-19
  1. Corgi
  2. TechCrunch
  3. Corgi
  4. Corgi
  5. Yahoo Finance
Sources & methodologyshow
Where these figures come from

Figures are labelled Reported (a source states it), Estimated, Derived (computed from other facts) or Rumored (in talks / unconfirmed). Rumors never replace a confirmed figure. Each figure keeps its own as-of date; history is preserved rather than overwritten.

How we verify data ·