Corgi has secured $160 million in Series B funding led by TCV, only months after raising a $108 million Series A, making it one of the fastest-growing startups in the Y Combinator ecosystem.
Founded in 2024 by Nico Laqua and Emily Yuan, the company provides general, cyber, tech, and AI liability insurance for businesses facing increasingly complex digital risks. Its customers already include companies like Deel and Artisan.
The latest round pushes Corgi’s valuation to $1.3 billion, with total funding now reaching $268 million. Existing and new backers include Kindred Ventures, Leblon Capital, OurCrowd, and several global investors.
The rapid growth reflects rising enterprise demand for specialised insurance products covering AI, cybersecurity, and digital operational risks, as businesses adopt more AI-driven systems and cloud infrastructure. AI and cyber liability are becoming major categories in the evolving digital risk and insurtech market.
Bottom line: Corgi’s rapid rise highlights how insurance infrastructure for AI-era business risks is emerging as a major growth opportunity
