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Corgi secures $30 million in funding led by Jack Ma's Yunfeng Capital. This investment marks a significant milestone for the US-founded AI insurance startup.

PRIVATEAug 05, 2026•4 days ago

Amount Raised

$30 Million

Round Type

Venture - Series Unknown

San FranciscoOtherInsurance

Investors

Yunfeng Capital

Description

Corgi, an AI business insurance startup, has received a $30 million investment led by Jack Ma's private equity firm, Yunfeng Capital. This marks the first known investment by Ma's firm into a US startup. Corgi's valuation reached $4 billion, showcasing its rapid growth in a challenging geopolitical climate. The startup is recognized for its innovative approach, including operating a 24-hour café in San Francisco.

Company Information

Company

Corgi

Location

San Francisco, California, United States

About

Corgi is a startup insurance services provider based in San Francisco, CA. The company offers a startup insurance line tailored for venture-backed and high-growth businesses, providing coverage designed for modern operating realities. Core coverages include D&O liability, E&O liability, cyber insurance, and more. Corgi utilizes modern infrastructure to ensure competitive pricing and instant quoting.

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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