Corgi Raises $106M in Series B1 Funding, at $2.6B Valuation

The round also saw participation from Prime Capital, Zone 2 Ventures, Oliver Jung, Leblon Capital, Kindred Ventures, Quadri Ventures, First Order Fund, Vocal Ventures, Nordstar, GSBackers, Repeat Ventures, 8188 Capital, and other strategic investors.

The company is valued at $2.6 Billion. The raise came after Corgi’s Series B announcement on May 6.

The company plans to use the funds to expand its platform further and enter new commercial insurance markets.

Corgi said the company was profitable last month, and this new funding will help it expand faster into new areas like trucking, small business, and sports. The company is currently on track to become one of the fastest-growing businesses by revenue.

From the beginning, Corgi has focused on serving modern companies that are often overlooked by traditional insurance providers, including startups and founder-led businesses that expect speed and transparency. This focus has influenced its product design, distribution approach and the community it continues to build as it scales.

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"Commercial insurance infrastructure has historically been slow, manual, and difficult for operators to navigate," said Nico Laqua, founder and CEO of Corgi.

About Corgi

Founded by Nico Laqua and Emily Yuan, Corgi is a full-stack insurance platform that is rebuilding insurance and financial infrastructure. The company offers underwriting, claims processing, and embedded insurance solutions designed to make commercial insurance faster, more flexible, and more efficient to operate.

About TCV

Founded in 1995, TCV is a leading growth equity investor that partners with global technology companies. The firm uses its industry expertise and resources to provide long-term capital and support to strong management teams as they scale and grow.

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