Enterprise insurance coverage startup Corgi introduced on Wednesday a $160 million Sequence B, led by TCV, valuing the startup at $1.3 billion, the startup’s co-founder Nico Laqua mentioned on LinkedIn.
This comes simply 4 months after the company announced a $108 million Sequence A. The corporate has now raised $268 million in funding up to now, Laqua mentioned, and has turn out to be Y Combinator’s newest unicorn.
Laqua began the corporate with Emily Yuan in 2024 and was a part of YC’s Spring 2024 batch. Corgi, which names Deel and Artisan as clients, gives protection for common legal responsibility, cyber legal responsibility, and tech and AI legal responsibility. Different buyers within the spherical embody Kindred Ventures, Leblon Capital, and First Order Fund.
“We’re excited in regards to the increase and extremely grateful to our buyers for believing in what we’re constructing. However the job isn’t completed,” Laqua instructed TechCrunch. “Our mission is greater: we wish to use the recent capital to broaden into extra traces of insurance coverage and construct a generational firm.”
