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

Corgi raised a $160 million Series B led by TCV at a $1.3 billion valuation.

The round comes just four months after its $108 million Series A, bringing total funding to $268 million.

The fast valuation jump makes Corgi a new unicorn and highlights strong investor interest in business insurance.

The startup focuses on specialized coverage such as cyber, tech, and AI liability, and adds another win for Y Combinator.