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- Corgi Insurance
Corgi Insurance Revenue, Valuation, Funding & Investors
Corgi Insurance is valued at $2.6B as of May 2026, a 26.0x multiple on its last reported $100M revenue.
Last Corgi Insurance valuation
$2.6B
Series B · May 2026
Last Corgi Insurance funding round
Series B
Amount undisclosed · Jul 2026
Corgi Insurance revenue
$100M
Series B · May 2026
Key investors in Corgi Insurance
Kindred Ventures
Leblon Capital
Oliver Jung
Vocal Ventures
Y Combinator
TCV
About Corgi Insurance
Corgi Insurance Services is a San Francisco-headquartered AI-native insurance carrier automating underwriting, policy issuance, claims processing, and customer service via autonomous agents. It manages subsidiaries like Beagle Underwriting and Poodle Claims under a canine branding theme, targeting personal and small business lines.
Founded
2024
HQ
Website
Status
Privately held
Customer focus
B2B & B2C
Revenue model
Product sales
Revenue
$100M (May 2026)
Valuation
$2.6B (May 2026)
Corgi Insurance Valuation
Corgi Insurance is currently valued at $2.6B, based on its Series B in May 2026.
The $106M round was led by TCV, with participation from Prime Capital, Ole Ruch, First Order Fund, Zone II Ventures, Vocal Ventures and 7 other investors.
Corgi Insurance's valuation has grown 4.1x from $630M at its Series A in January 2026 to $2.6B in May 2026, across 3 priced rounds.
Corgi Insurance valuation by funding round
Revenue multiple| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| May 2026 | Series B | $2.6B | 26.0x |
| May 2026 | Series B | $1.3B | 13.0x |
| Jan 2026 | Series A | $630M | 15.8x |
Corgi Insurance Revenue
Corgi Insurance's latest recorded revenue is $100M, as of its Series B in May 2026. At a $2.6B valuation, that implies a 26.0x revenue multiple.
Revenue grew from $40M in January 2026 to $100M in May 2026, while the revenue multiple moved from 15.8x to 26.0x.
Corgi Insurance revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| May 2026 | $100M | $2.6B | 26.0x | Series B |
| May 2026 | $100M | $1.3B | 13.0x | Series B |
| Jan 2026 | $40M | $630M | 15.8x | Series A |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Corgi Insurance Funding History
Corgi Insurance has raised a total of $375M across 5 funding rounds.
Corgi Insurance's first fundraising round was a $500K pre-seed round in September 2024. The most recent completed round was a Series B in July 2026.
Corgi Insurance funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jul 2026 | Series B | - | - | - | - |
| May 2026 | Series B | TCV (lead); Prime Capital; Ole Ruch; First Order Fund; Zone II Ventures; Vocal Ventures; Kindred Ventures; Quadri; Oliver Jung; Repeat Ventures; GSBackers; Leblon Capital; 8188 Capital | $106M | $2.6B | Corgi announced a $106 million Series B1 in May 2026, led by TCV with participation from Kindred Ventures and other investors, valuing the company at $2.6 billion. The round came three weeks after Corgi’s previously announced $160 million Series B at a $1.3 billion valuation, bringing total reported funding to $378 million. The financing was described as supporting expansion of Corgi’s full-stack insurance platform and entry into new lines of commercial insurance. The transaction followed rapid valuation expansion and was positioned as part of Corgi’s continued push into AI-driven commercial insurance infrastructure. Kindred Ventures was among the participating investors, and one investor cited strong momentum as the rationale for the fast follow-on financing. Corgi said the company works in commercial insurance for startups, including tech, cyber, and general liability, and that it counts customers such as Deel and Artisan. Corgi’s prior funding history included a $108 million Series A and the earlier May 2026 $160 million round, indicating a heavily capitalized growth trajectory. The company’s latest disclosed financing was structured as equity funding; no revenue, EBITDA, employee count, or operating scale figures were disclosed in the provided material. |
| May 2026 | Series B | TCV (lead); Seven Stars; Ole Ruch; Maiora Ventures; Vocal Ventures; Kindred Ventures; Oliver Jung; Repeat Ventures; Global Growth; Hexa Capital; Leblon Capital; Audeo Ventures | $160M | $1.3B | Corgi raised $160 million in Series B funding at a $1.3 billion post-money valuation. The round was led by TCV, with participation from existing investors including Y Combinator, Kindred Ventures, and Contrary, as well as new investors such as Oliver Jung, Leblon Capital, 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. The funding advances Corgi's mission to build an AI-native, full-stack insurance platform, enabling expansion into new verticals including trucking beyond its initial startup focus. Proceeds will support broader product coverage, enhanced underwriting and claims automation, expanded distribution, and entry into additional industry verticals. The round follows a combined seed and Series A of $108 million in January 2026 at a $630 million valuation, bringing total funding to over $268 million. Corgi received regulatory approval in July 2025 and serves customers including Deel and Artisan with coverage for general liability, cyber liability, tech liability, and AI liability. Corgi operates as a San Francisco-based insurtech providing an AI-native insurance carrier purpose-built for startups, leveraging AI for quoting, adaptive risk modeling, and automation in underwriting and claims. |
| Jan 2026 | Series A | Alumni Ventures (lead); SV Angel; Y Combinator; Vocal Ventures; Phosphor Capital; Quadri Ventures; Kindred Ventures; Fellows Fund; Oliver Jung; Contrary; Leblon Capital; Tekedia Capital | $108M | $630M | Corgi Insurance is a San Francisco-based, AI-native full-stack insurance carrier designed specifically for startups and tech scale-ups, offering end-to-end coverage including underwriting, policy administration, claims processing, and operations tailored to the fast-paced needs of high-growth companies. Founded by Emily Yuan and Nico Laqua (CEO), it secured regulatory approval in July 2025 to operate as a licensed carrier, positioning it as an alternative to legacy insurers reliant on brokers, manual processes, and rigid annual policies. Corgi's platform enables instant quoting, competitive pricing, adaptable coverage that evolves with customer scaling, and AI automation across core functions. The company raised $108 million in total financing combining a Series A round and prior seed, announced around January 8-14, 2026, with participation from investors including Alumni Ventures (lead), Y Combinator, Kindred Ventures, Contrary, Fellows Fund, Leblon Capital, Oliver Jung, Phosphor Capital, Quadri Ventures, SV Angel, Vocal Ventures, Glade Brook Capital Partners, Seven Stars, and others. The post-money valuation reached $630 million. Proceeds will scale the startup insurance line by expanding coverage options, distribution channels, and AI systems for underwriting, claims, and policy management. Corgi reports annual recurring revenue surpassing $40 million since the July 2025 regulatory approval, highlighting strong early traction in its mission to deliver speed, quality coverage, and affordability without trade-offs. The funding and carrier launch enable Corgi to challenge traditional insurance models mismatched to startup risk profiles and growth trajectories, focusing initially on technology companies and digital-first enterprises. |
| Sep 2024 | Pre-seed | Y Combinator (lead); Rebel Fund; Gold House | $500K | - | - |
Who has invested in Corgi Insurance?
28 investors have backed Corgi Insurance across its funding rounds, including Kindred Ventures, Leblon Capital, Oliver Jung, Vocal Ventures, Y Combinator and TCV.
Lead investors include TCV, Alumni Ventures and Y Combinator.
Corgi Insurance Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 3 | Participant | Jan 2026 | ||
| 3 | Participant | Jan 2026 | ||
| 3 | Participant | Jan 2026 | ||
| 3 | Participant | Jan 2026 | ||
| 2 | Lead | Sep 2024 | ||
| 2 | Participant | May 2026 | ||
| 2 | Lead | May 2026 | ||
| 2 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | May 2026 | ||
| 1 | Participant | Sep 2024 | ||
| 1 | Participant | Jan 2026 | ||
| 1 | Participant | May 2026 | ||
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Start Free TrialCorgi Insurance Competitors
Corgi Insurance competitors include listed companies like Affle 3i and Ncino, and private ones like Pendo, Quantexa, Sakana AI and Flourish.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | $100M | - | $2.6B | 26.0x | ||
| Private | $100M | - | $2.6B | 26.0x | ||
| Private | - | - | $2.6B | - | ||
| Private | - | - | $2.5B | - | ||
| Publicly listed | $282M | $67M | $2.3B | 6.7x | ||
| Publicly listed | $595M | $65M | $2.3B | 4.0x |
Corgi Insurance Public Comps
Corgi Insurance is still privately-owned, but its public comps include BSP Financial Group, Allianz-Slovenska, Skyward Specialty, Vaudoise Assurances, Türkiye Sigorta, Go Digit Insurance, Coface, Santam, Clover Health and SiriusPoint.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $760M | - | 3.5x | - | - | - | |||
| $614M | $181M | 4.1x | - | 14.0x | - | |||
| $1.4B | $228M | 2.0x | 1.1x | 12.7x | - | |||
| $2.1B | $246M | 1.0x | - | 8.2x | - | |||
| $2B | $561M | 1.1x | 0.7x | 3.9x | - | |||
| $1.1B | $76M | 2.3x | 2.3x | 32.8x | 20.6x | |||
| $1.9B | $422M | 2.4x | 2.3x | 10.9x | - | |||
| $2.7B | $532M | 1.0x | 1.2x | 5.3x | 6.7x | |||
This data is available for Pro users. Sign up to see all Corgi Insurance competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Corgi Insurance
| When was Corgi Insurance founded? | Corgi Insurance was founded in 2024. |
| Where is Corgi Insurance headquartered? | Corgi Insurance is headquartered in San Francisco, CA, United States. |
| Is Corgi Insurance publicly listed? | No, Corgi Insurance is a private, VC-backed company. |
| What is Corgi Insurance's valuation? | Corgi Insurance was last valued at $2.6B in its Series B in May 2026. |
| How much funding has Corgi Insurance raised? | Corgi Insurance has raised $375M across 5 funding rounds. |
| What was Corgi Insurance's last funding round? | Corgi Insurance's last funding round was a Series B in July 2026. |
| Who are Corgi Insurance's investors? | Corgi Insurance's investors include Vocal Ventures, Kindred Ventures, Oliver Jung, Leblon Capital, Y Combinator, Ole Ruch, TCV, Repeat Ventures, Seven Stars, Prime Capital and 18 others. |
| What is Corgi Insurance's revenue? | Corgi Insurance's latest recorded revenue is $100M (May 2026). |
| What is Corgi Insurance's revenue multiple? | Corgi Insurance's latest valuation implies a 26.0x revenue multiple ($2.6B valuation on $100M of revenue). |
| Which companies are comparable to Corgi Insurance? | Companies comparable to Corgi Insurance include Pendo, Quantexa, Sakana AI, Flourish, Affle 3i and Ncino. |
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