AI Insurer for Startups Corgi Raises $106 Million at $2.6 Billion Valuation
Corgi, which uses AI to provide insurance for startups, raised another $106 million at a $2.6 billion valuation, the company said.
TechCrunch reported the financing was a Series B1 that brought Corgi's total funding to $378 million. The valuation is up from $1.3 billion on May 6 and follows the company's previous funding announcement about three weeks earlier.
From the sources (2 posts)
@snowmaker2 years ago, Corgi had $500K and a plan that sounded insane. They almost didn't make it, more than once. They are the most relentless people I've worked with, and this success was hard-won. I'm proud of them.
@techmemeCorgi, which uses AI to provide insurance for startups, raised a $106M Series B1 at a $2.6B valuation, up from $1.3B on May 6, for a total funding of $378M (@dominicmadori / TechCrunch) (Visit Techmeme dot com for the link and full context