Tekedia Capital portfolio startup Corgi raises $160 million Series B at $1.3 billion valuation

  • Tekedia Capital portfolio company Corgi raised USD 160 million in Series B financing at a USD 1.3 billion valuation, led by TCV.
  • Corgi is an AI-native, full-stack insurance carrier that underwrites, sells, and services policies end-to-end, targeting startups.
  • Proceeds will fund expansion beyond startup-focused coverage into trucking, payroll, and small-business insurance, with continued investment in its AI-driven underwriting and policy platform.
  • Total funding exceeds USD 268 million.
  • Annual recurring revenue surpassed USD 40 million following full regulatory approval in July 2025.


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