-63%

est. 2Y upside i

InsurTechSeries B

Corgi is an AI insurance company. Insurance is a naturally inefficient business, heavy on operations, and expensive. Corgi uses AI to scale insurance businesses efficiently.

Rank

#3421

Sector

Insurtech

Est. Liquidity

~4Y

Data Quality

Data: Medium

Corgi's $2.6B valuation already prices in high growth expectations.

Last updated: July 19, 2026

Bull (25%)+18%

Corgi maintains >60% growth, IPOs in 2 years, commanding 12x forward revenue multiple on $288M revenue, yielding 32.9% upside before 15% dilution.

Base (35%)-78%

Growth slows to 45% then 33%, revenue reaches $193M, multiple compresses to 5x, valuation falls to $965M, yielding -62.9% upside before 15% dilution.

Bear (40%)-100%

Growth slows sharply, revenue $156M, multiple 2x, exit $312M below $378M preference stack, common stock worthless.

Est. time to liquidity~4.0 years

Preference Stack Risk

moderate

Funding Intensity

14%

Total funding $378M against $2.6B valuation = 14.5% ratio, typical for Series B.

Dilution Risk

low

15% assumed dilution from option pool and future grants over 2 years.

Secondary Liquidity

none

No secondary market observed; liquidity likely through IPO or acquisition.

Engineering — 2 roles

Finance — 2 roles

Operations — 1 role

View all 13 open roles at Corgi →

Last updated: March 10, 2026

Questions to Ask at the Interview

Strategic questions based on Corgi's data — designed to show you've done your homework.

  • 1

    “How does Corgi plan to defend against incumbent insurers like The Hartford and AXA XL who are also adopting AI?”

  • 2

    “What specific underwriting advantages do your AI agents provide over competitors like Next Insurance and Embroker?”

  • 3

    “Given the scrutiny on internal markups, how does the company plan to provide liquidity to employees without a near-term IPO?”

Community

Valuation Sentiment

Our model estimates -63% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.