Insurance startup Corgi reportedly raised more money at $4B — its third round in eight weeks
Insurance tech, data room software, and coffee-shop startup Corgi is reportedly raising yet another round that closely follows its last raise and would double its valuation, sources have told Forbes.
The round is said to be a second extension of its Series B round and has already closed. Corgi announced its last round, the B1 round of $106 million at a $2.6 billion valuation at the end of May, just around eight weeks ago.
In the AI-funding frenzy, many startups are raising back-to-back rounds at ever-increasing valuations — but even by those standards, Corgi stands out.
The Y Combinator alum (summer 2024) raised a $108 million Series A in January at an undisclosed valuation. (Pitchbook estimates $630 million post-money.) Four months later, in early May, it raised its Series B: $160 million at a $1.3 billion valuation. Just three weeks later, it announced a B1 round from the...
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