Corgi has raised $108 million in funding, marking a major milestone as it launches the first AI-native, full-stack insurance carrier built specifically for startups. The funding includes a recent Series A round along with an earlier seed round, following regulatory approval that allows Corgi to operate as a fully licensed carrier.
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The round drew support from a strong mix of venture firms and angel investors, including Y Combinator, Kindred Ventures, Contrary, Glade Brook Capital Partners, SV Angel, Alumni Ventures, and others. The capital will be used to scale Corgi’s startup-focused insurance offerings, expand coverage options and distribution, and further enhance the AI systems that power underwriting, claims, and policy management.
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Unlike traditional insurers that rely heavily on brokers, manual processes, and rigid annual policy cycles, Corgi is built on modern infrastructure designed for speed and flexibility. As a full-stack carrier, the company controls the entire insurance lifecycle end to end, allowing it to adapt coverage in real time as startups grow, hire, raise capital, or enter new markets. This approach enables faster quoting, competitive pricing, and policies that evolve alongside fast-moving businesses.
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“Startups move fast, and so should their insurance,” said Nico Laqua, Co-Founder and CEO of Corgi. “Founders shouldn’t have to compromise between speed, coverage quality, and price. We built Corgi to deliver all three, so teams can get insured quickly and stay focused on building their companies.”
Corgi’s insurance suite is designed for venture-backed and high-growth companies and includes coverage such as D&O, E&O, cyber, commercial general liability, hired and non-owned auto, fiduciary liability, and emerging risks like AI liability. Since receiving full regulatory approval in July 2025, the company has seen rapid adoption, with annual recurring revenue surpassing $40 million, reflecting strong demand for insurance built around modern startup realities.
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