Corgi Secures $160M in Series B, Hits $1.3B Valuation in Rapid Growth Push
Corgi has secured $160 million in its latest funding round, just 16 weeks after raising $108 million. The Series B investment values the company at $1.3 billion and brings its total funding to over $268 million. Founders [Founder Name] and Emily launched the firm to build a modern insurance provider for underserved markets. The Series B round was led by TCV, a major technology investor. This follows Corgi’s rapid growth since its Series A funding in early 2023. The company now plans to expand its services across the US.
With the new capital, Corgi will push into trucking, payroll, and small business insurance. These sectors have traditionally struggled with outdated insurance models. The firm also intends to strengthen its technology, improve operations, and hire more staff.
Corgi’s mission focuses on modernising insurance for industries often overlooked by larger providers. The latest funding will help accelerate this goal by broadening its product range and customer reach. The $160 million injection will allow Corgi to grow its team and enhance its tech infrastructure. Expansion into new insurance markets is already underway. The company’s valuation now stands at $1.3 billion as it prepares for nationwide scaling.
