Corgi secures $160M at $1.3B valuation to disrupt niche insurance markets
Corgi has secured $160 million in its latest funding round, pushing its valuation to $1.3 billion. The Series B investment follows a rapid $108 million raise just 16 weeks earlier, bringing total funding to over $268 million. The company now plans to expand into new sectors, including trucking, payroll, and small business insurance.
Founded by [Founder Name] and Emily, Corgi set out to modernise insurance for overlooked industries. The latest round, led by TCV, will accelerate this mission by funding technology upgrades, operational growth, and new hires.
The fresh capital comes as the company prepares to scale nationwide. Instead of relying on traditional models, Corgi aims to streamline coverage for sectors often ignored by larger insurers. Trucking, payroll services, and small business policies are among the first targets. With over $268 million raised in under a year, the firm is moving quickly. The focus remains on building a tech-driven platform that simplifies insurance for businesses struggling with outdated systems.
The $160 million Series B will fuel Corgi’s push into new markets while strengthening its infrastructure. More hires and improved technology are expected as the company rolls out nationwide. The funding also signals growing investor confidence in its approach to modernising insurance for underserved industries.
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