Corgi reaches a $1.3bn valuation four months after its Series A, with TCV leading a $160m round
The Y Combinator-backed AI-native insurance carrier closed its Series A in January at a $630m valuation. The Series B doubles that figure and funds expansion beyond startup insurance into trucking, where the company says quoting and risk modelling can be similarly compressed.
Corgi, a Y Combinator-backed AI-native insurance carrier built for startups, has raised a $160m Series B at a $1.3bn valuation, and TCV led the round. The deal closes roughly four months after Corgi’s combined seed and Series A, and effectively doubles the $630m valuation the company carried at the start of the year.
The pace is the most striking part of the announcement. The four-month interval between Series A and unicorn-status Series B is unusual even by current AI-startup standards. Corgi’s January 2026 funding round, combined a previously undisclosed seed and a Series A into a single $108m raise, with Y Combinator, Kindred Ventures, Contrary, Oliver Jung,...
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