Insurance startup Corgi hits $1.3B valuation 4 months after its Series A

Business security startup Corgi announced connected Wednesday a $160 cardinal Series B, led by TCV, valuing the startup astatine $1.3 billion, the startup’s co-founder Nico Laqua said connected LinkedIn.

This comes conscionable 4 months aft the company announced a $108 cardinal Series A. The institution has present raised $268 cardinal successful backing to date, Laqua said and has go Y Combinator’s latest unicorn.

Laqua started the institution with Emily Yuan successful 2024 and was portion of the YC’s Spring 2024 batch. Corgi, who names Deel and Artisan arsenic customers, offers sum for wide liability, cyber liability, and tech and AI liability. Other investors successful the circular see Kindred Ventures, Leblon Capital, and First Order Fund.

Corgi did not instantly respond to our petition for comment.