The round brings Corgi’s total funding to more than $268m and marks a significant milestone in its ambition to rebuild core insurance infrastructure using artificial intelligence and automation, according to FF News.
The company is focused on replacing fragmented legacy systems across underwriting, claims and policy administration with a unified, AI-driven operating model.
Founded by Emily Yuan and Nico Laqua, Corgi targets operational inefficiencies in traditional insurance, where processes are often split across multiple intermediaries including carriers, MGAs, reinsurers and third-party administrators. The company’s platform is designed to consolidate these workflows into a single system that enables faster decision-making and more automated execution.
Initially launched with a focus on startup insurance, Corgi offers streamlined onboarding, automated policy management and faster claims processing. It is now expanding into new verticals, including trucking insurance, where it plans to apply real-time risk modelling and more adaptive pricing aligned to operational data.
The broader strategy reflects a shift in insurance infrastructure towards real-time, AI-enabled systems that can respond dynamically to changing risk profiles. Corgi’s approach aims to reduce the operational friction created by legacy insurance architecture and improve speed across the full policy lifecycle.
The Series B round was led by TCV, with participation from 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 and Global Growth Fund.
Existing investors including Y Combinator, Kindred Ventures and Contrary also participated, continuing their support as the company scales its AI-native insurance infrastructure.
The new capital will be deployed to expand product coverage, enhance underwriting and claims automation, and support entry into additional industry verticals beyond its initial startup-focused offering.
“Insurance is one of the largest industries in the world, but it’s still built on infrastructure from centuries ago,” Corgi co-founder and COO Emily Yuan said.
“We started with property management and are expanding into trucking insurance, payroll, and small business, automating some of the hardest workflows in the real economy.” Corgi co-founder and COO Emily Yuan said.
“Where other companies might take the boring but safe path, Corgi will always dream bigger, accomplish more, and take more swings for the fences,” Corgi co-founder and CEO Nico Laqua said. “We will for sure always be the most passionate, genuine, curious, and ambitious of any company.”
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