Corgi is a technology-driven insurance company that has raised a total of $108 million in funding from a group of investors including Y Combinator, Kindred Ventures, Contrary, Oliver Jung, Glade Brook Capital Partners, Seven Stars, Leblon Capital (Andrej Henkler, Fadwa Ouardani), Fellows Fund, Alumni Ventures, Quadri Ventures, Vocal Ventures, Phosphor Capital, SV Angel, and others.
The funding comes after the company recently received regulatory approval to launch what it calls the first AI-native full-stack insurance company designed specifically for startups.
Founded by Emily Yuan and Nico Laqua, Corgi plans to use the funding from its seed and Series A rounds to grow its startup-focused insurance products. Planned investments include broader coverage options, expanded distribution and continued development of artificial intelligence systems that support underwriting, claims processing and policy administration. As a full-stack insurance company, the company builds and operates its insurance products in-house, allowing it to be customized as its startup clients scale.
Modern infrastructure underpins Corgi’s approach, setting it apart from insurance companies that rely on broker-intensive models, manual processes and annual policy cycles. The company’s goal is to provide faster quotes, adaptable coverage and pricing to stay competitive for fast-growing businesses.
“Startups move quickly and so should their insurance,” Lacqua said. “Founders don’t have to choose between speed, coverage quality, and price. We built Corgi to offer all three in one place so startups can cover quickly and focus on building. This funding helps us expand our coverage and continually improve our product.”
The Startup Insurance portfolio is targeted at venture-backed and high-growth companies and includes Directors and Officers (D&O) Liability, Errors and Omissions (E&O) Liability, Cyber Insurance, Commercial General Liability (CGL), Hire and Not Owned Auto (HNOA), Fiduciary Liability, Artificial Intelligence Liability and other coverages.
Kanyi Maqubela, General Partner at Kindred Ventures, added: “True innovation in the insurance industry requires an exceptional combination of actuarial science, AI-driven systems and a fundamental rethinking of policy administration. Corgi has brought rare tenacity and technology focus to tackle one of the toughest challenges in financial services, launching a new vehicle to transform the insurance industry starting with a technology company.”
Since receiving full regulatory approval in July 2025, Corgi has experienced strong revenue growth across its products, with annual recurring revenue exceeding $40 million. The company attributes this progress to growing interest in insurance solutions that emphasize speed, flexibility and modern operating models across industries.