Corgi Insurance secures $108m to launch insurance carrier for start-ups

US-based Corgi Insurance has raised $108m successful backing and obtained regulatory support to run what it calls the archetypal AI-native, full-stack security bearer focused connected start-ups.

Backers see Contrary, Glade Brook Capital Partners, Kindred Ventures, Leblon Capital, Oliver Jung, Seven Stars, and Y Combinator.

Additional information came from Andrej Henkler and Fadwa Ouardani, alongside Alumni Ventures, Fellows Fund, Phosphor Capital, Quadri Ventures, SV Angel and Vocal Ventures, among others.

The institution said the funds volition beryllium utilized to grow its security offering for start-ups, including broader sum options and wider distribution.

Corgi co-founder and CEO Nico Laqua said: "Founders shouldn't person to take betwixt speed, sum prime and price.

“We built Corgi to present each 3 successful 1 place, truthful start-ups tin get covered rapidly and absorption connected building. This superior helps america grow sum and support improving the product.”

The institution volition besides put successful further processing the AI systems that enactment underwriting, claims processing and argumentation administration.

As a full-stack carrier, the institution oversees the plan and absorption of security products internally.

This operation allows policies to beryllium adjusted arsenic start-up clients evolve, alternatively than relying connected externally managed oregon broker-led processes.

Following regulatory approval, Corgi is present licensed arsenic an security bearer and provides underwriting, claims handling and argumentation absorption done AI-driven platforms.

The institution said its exertion is intended to alteration instant quotations, pricing and sum that changes arsenic businesses scale, contrasting with much manual approaches utilized by established insurers.

Corgi’s start-up security portfolio is aimed astatine venture-backed and “fast-moving” companies.

Coverage includes AI liability, directors and officers liability, errors and omissions liability, commercialized wide liability, cyber insurance, fiduciary liability, and hired and non-owned auto.

The institution reported yearly recurring gross of much than $40m since receiving afloat regulatory support successful July 2025, citing request for quicker and much adaptable security products crossed a scope of industries.

"Corgi Insurance secures $108m to motorboat security bearer for start-ups" was primitively created and published by Life Insurance International, a GlobalData owned brand.

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