Corgi announced on Wednesday a $160 million Series B, led by TCV, valuing the startup at $1.3 billion.
$160M Series B just four months after the A is wild — did they share anything concrete on revenue or loss ratio that explains the jump? not sure, might be wrong.
Four months screams “we found a big distribution partner” more than “our loss ratio magically got good, ” especially in insurance where the numbers take time to mature.
