On May 28 (local time), AI-driven insurance platform Corgi officially announced the successful closure of a substantial funding round, raising $106 million. This round was spearheaded by TCV, a prominent investment firm, and places Corgi's valuation at an impressive $2.6 billion. Notably, Corgi achieved profitability just last month. The fresh influx of capital will be strategically utilized to fuel its expansion efforts across several key sectors, including freight, small businesses, and the sports industry.
