AI Insurance Startup Corgi Doubles Valuation To $2.6 Billion In Weeks

AI insurance startup Corgi raised a $106 million follow-on round led by TCV, with existing investors also participating.

The new funding doubled Corgi’s valuation from $1.3 billion to $2.6 billion, just weeks after its $160 million Series B in late April.

Corgi said the round was unsolicited and came soon after the last raise.

The company uses AI to price policies and process claims for startup customers, highlighting continued investor appetite for AI at rising valuations.