Corgi Secures $160M in Series B, Hits $1.3B Valuation in 16 Weeks

Corgi has secured a fresh round of funding, raising $160 million in its Series B. The investment values the company at $1.3 billion and arrives just 16 weeks after its $108 million Series A. Founders [Founder Name] and Emily launched the firm to modernise insurance for overlooked industries.

The Series B round was led by TCV, bringing Corgi’s total funding to over $268 million. The company plans to use the capital for technology upgrades, operational growth, and hiring new staff. Expansion is a key focus as it prepares to scale across the US.

New markets on the horizon include trucking, payroll, and small business insurance. Corgi’s rapid fundraising reflects strong investor confidence in its approach. The founders originally set out to create a more efficient, tech-driven insurance provider for sectors often ignored by traditional firms. With this latest injection of funds, the company aims to speed up its rollout. More resources will go toward refining its platform and reaching customers in underserved areas. The push comes as demand grows for flexible, digital-first insurance solutions.

The $160 million Series B will help Corgi expand its services and strengthen its technology. Trucking, payroll, and small business sectors are next in line for its tailored insurance products. The company’s valuation now stands at $1.3 billion, marking a swift rise in the industry.