Corgi Raises $108 Million to Launch the First AI-Native, Full-Stack Insurance Carrier for Startups

San Francisco, January 9, 2026 — Corgi, an AI-native, full-stack insurance carrier built specifically for startups, has announced that it has raised $108 million in funding from a group of high-profile investors including Y Combinator, Kindred Ventures, Contrary, Oliver Jung, Glade Brook Capital Partners, Seven Stars, Leblon Capital, Fellows Fund, Alumni Ventures, Quadri Ventures, Vocal Ventures, Phosphor Capital, and SV Angel, among others.

The fresh capital follows Corgi’s recent regulatory approval to officially launch as a full-stack insurance carrier — marking a major milestone for the company and the broader insurtech industry. The total funding includes both the company’s recent Series A round and its previous seed funding, positioning Corgi to expand its reach and scale rapidly.

Reimagining Startup Insurance with AI

Founded by Emily Yuan and Nico Laqua, Corgi is on a mission to reinvent how startups buy and manage insurance. Traditional insurance models are slow, manual, and not built for the fast pace of modern businesses. Corgi was created to change that.

“As startups grow, their risk landscape changes every few months — but insurance has barely evolved in decades,” said Nico Laqua, Co-Founder and CEO of Corgi. “We built Corgi so founders never have to choose between speed, coverage quality, and price. With AI and a modern infrastructure, we deliver all three — instantly.”

Corgi’s technology-driven model replaces the outdated manual systems used by legacy insurers. Its AI underwriting engine enables instant quoting, dynamic pricing, and adaptive coverage that evolves as startups scale. This means founders can secure comprehensive insurance coverage in minutes, without the back-and-forth paperwork that typically slows the process down.

A Full-Stack Insurance Carrier Designed for Founders

As a licensed full-stack carrier, Corgi designs, underwrites, and manages policies end-to-end — offering startups a seamless and transparent experience. Its product lineup includes:

• Directors & Officers (D&O) Liability Insurance

• Errors & Omissions (E&O) Insurance

• Cyber Insurance

• Commercial General Liability (CGL)

• Hired and Non-Owned Auto (HNOA)

• Fiduciary Liability

• AI Liability Coverage

This comprehensive coverage suite caters to venture-backed startups and high-growth tech companies — businesses that often face complex and evolving risk profiles.

“Startups move fast, and so should their insurance,” Laqua added. “Our goal is to simplify risk management so founders can focus on building their companies, not chasing paperwork.”

Investor Confidence in AI-Powered Insurance

Corgi’s ability to blend actuarial expertise with advanced AI has earned strong investor confidence.

“True innovation in insurance requires more than just technology — it demands a rethinking of how policies are built, priced, and managed,” said Kanyi Maqubela, General Partner at Kindred Ventures. “Corgi is one of the few companies combining deep technical capability with an understanding of the structural challenges in financial services. They’re not just improving insurance — they’re rebuilding it for the AI era.”

This investor backing validates Corgi’s broader mission: to modernize the insurance experience for founders and businesses that are driving the next wave of innovation.

Strong Growth and Market Momentum

Since receiving full regulatory approval in July 2025, Corgi has recorded rapid growth across its portfolio. The company’s annual recurring revenue (ARR) has already surpassed $40 million, signaling strong market demand for fast, flexible, and tech-driven insurance products.

Corgi’s success reflects a growing shift among startups and digital-first businesses toward AI-enabled risk management. As industries increasingly depend on automation and data intelligence, traditional insurers are struggling to keep up — leaving space for agile players like Corgi to lead the transformation.

A Modern Infrastructure for a Modern Economy

Unlike traditional carriers that rely on brokers and outdated workflows, Corgi’s infrastructure is built for speed, automation, and transparency. The platform uses AI to handle everything from underwriting and policy creation to claims management, offering real-time updates and faster turnaround times.

By leveraging advanced data modeling and machine learning, Corgi can predict and price risk more accurately, resulting in more competitive rates and better coverage for startups.

“Our belief is simple,” said Emily Yuan, Co-Founder of Corgi. “Insurance should move as fast as the businesses it protects. That’s why we built Corgi from the ground up — to be digital-first, data-informed, and customer-obsessed.”

About Corgi

Corgi is an AI-native, full-stack insurance carrier purpose-built for startups and high-growth companies. As a licensed carrier, Corgi handles everything from underwriting and policy design to claims and customer service — powered by a proprietary AI infrastructure.

Corgi’s mission is to provide fast, flexible, and intelligent insurance coverage that evolves with startups as they grow. Backed by leading investors including Y Combinator, Kindred Ventures, Contrary, Oliver Jung, and SV Angel, Corgi is redefining what modern insurance looks like for the innovation economy.

To learn more, visit Corgi’s website.