Corgi Series B (extension)

Insurance tech startup Corgi has reportedly closed a Series B extension round, its third funding announcement in eight weeks, valuing the company at $4 billion. This follows a $106 million Series B1 round at a $2.6 billion valuation in late May. The company, backed by TCV and Kindred Ventures, has not disclosed the amount raised in this latest round, but the valuation increase is reportedly driven by its revenue trajectory.