Business insurance startup Corgi closed a $160 million Series B led by TCV, valuing it at $1.3 billion. That's just four months after the company announced a $108 million Series A. Total raised is now $268 million.

Nico Laqua and Emily Yuan started Corgi in 2024 and went through YC's Spring 2024 batch. The company is a full-stack insurance carrier covering general liability, cyber liability, and tech/AI liability. Customers include Deel and Artisan. Other investors in the round: Kindred Ventures, Leblon Capital, and First Order Fund.

Corgi handles underwriting, policy management, and claims through its own infrastructure instead of relying on third-party insurers. It's now expanding from startup insurance into trucking.