Our investment firm has backed Corgi, an innovative AI-driven insurance carrier aiming to disrupt the traditional insurance landscape, as part of their recent $108M funding rounds.
Target Information
Corgi is an innovative full-stack AI insurance carrier founded by Nico Laqua and Emily Yuan. The company aims to revolutionize the insurance industry by eliminating the intermediaries traditionally involved in the insurance process. By fully integrating all aspects from underwriting to claims, Corgi delivers tailored insurance products that meet the specific needs of modern technology companies, ensuring quick and reliable service. The company's unique approach allows direct communication with the founders, providing policyholders with unparalleled support and transparency.
Corgi is established on the premise that leveraging advanced technology can significantly enhance the efficiency and effectiveness of insurance services. Through their use of artificial intelligence, Corgi has dramatically reduced the time required for manual workflows, facilitating the customization of policies to address emerging risks that legacy insurers often overlook, such as those related to artificial intelligence liability.
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Industry Overview
The insurance sector contributes approximately 12% to the U.S. GDP and encompasses some of the largest companies in the world, generating more profit and revenue than many software-as-a-service (SaaS) companies. This vast market has lagged behind in technological adopti
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Unknown
invested in
Corgi
in 2024
in a Seed Stage deal
Disclosed details
Transaction Size: $108M