Insurance has always been the quiet room where innovation goes to wait. Paper forms. Annual cycles. Brokers translating yesterday’s risk for tomorrow’s companies. Corgi walked into that room like a corgi puppy with a badge and a mission, tail wagging, teeth sharp, knocking over the furniture with intent. AI-native. Full-stack carrier. Built in San Francisco in 2024 for companies that move at cloud speed and think in commits, not calendar years. This is not software taped onto insurance. This is insurance built for velocity.
Nicolas S. Laqua and Emily Yuan did not come up through actuarial hallways, and that is the whole point. Nicolas S. Laqua scaled Basket Entertainment past 200M monthly active users before most people finish learning what loss ratios mean. Emily Yuan left Stanford computer science to build companies and nonprofits, including Paper Bridges, because systems matter more than credentials. Y Combinator Summer 2024 saw builders. Kindred Ventures saw execution. The rest followed the signal.
Corgi came out of stealth with $108M raised across seed and Series A at a $630M valuation, paired with full regulatory approval as a licensed carrier. 49 states. Tens of thousands of policyholders. Over $40M ARR by July 2025. Not forecasts. Not deck math. Real premiums moving through an AI-first underwriting, policy, and claims stack that quotes risk in minutes instead of weeks.
The name fits. Corgi stays low, moves fast, and never loses the plot. AI agents pricing D&O, E&O, Cyber, CGL, EPLI, and more in real time. Coverage that adapts as startups move from pre-seed chaos to Series C discipline. Claims triaged automatically, escalated only when complexity demands it. No brokers slowing the signal. Just a direct carrier model built for founders who measure time in deploys and burn in weeks.
The cap table reads like a global nod to leverage done right. Y Combinator. Kindred Ventures. Contrary. Glade Brook. Seven Stars. Leblon Capital. SV Angel. Tekedia Capital. Individual operators who know when systems compound. Kanyi Maqubela called out industry-leading loss results and AI-driven efficiency. Translation: the pricing holds, the engine scales, and the math is honest.
Corgi is already expanding its footprint. Beagle is pushing renters insurance and property management with the same automation bias. London is live. Dallas and Chicago are operational hubs. 70 employees and hiring hard because infrastructure does not build itself. Insurance is a $1T+ industry that has waited decades for impatience with purpose. Corgi is not barking for attention. It is quietly herding the future, one policy at a time.
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