Updates
Corgi.

Corgi sells business insurance to startups. A founder fills out an application and gets a quote in minutes. Coverage can be bound the same day. Policies are modular (general liability, cyber, directors and officers, tech and AI liability) and packaged by stage, from pre-seed through growth, so coverage grows with the company instead of getting renegotiated around it.
The company is full-stack rather than a broker sitting on someone else's paper. Corgi controls underwriting, policy design, and claims in one place; its policies are underwritten through Technology Risk Retention Group and administered by its own licensed producer. Customers include Deel, Bland, and Origami. The company has announced $108 million in funding across its seed and Series A.
What they're building
Legacy commercial insurance runs a startup through broker review, manual risk audits, and underwriting cycles measured in days or weeks. Corgi replaces that pipeline with a self-serve application and underwriting software it owns end to end, so the product is the whole machine rather than a storefront. Owning the stack is what makes the speed real, because there is no outside carrier waiting on the other side of the quote.
That ownership also lets Corgi write lines that older carriers handle badly. Tech and AI liability covers products that did not exist when standard policy forms were drafted. An underwriter that designs its own policies and handles its own claims can price that risk from data instead of precedent, and tighten the loop with every policy written.
Why we backed the founders and team
Insurance is a trillion-dollar industry held together by paper, and rebuilding it does not look like a software demo. The work is licenses, state filings, policy forms, reserves, and claims handling, the long middle where nothing demos well. Corgi could have rented a carrier's balance sheet and called the markup a product. It chose to own all of it. That is the pattern we look for, because assembling the hard, regulated parts into one machine is where the durable advantage sits.
There is a second reason. We back companies in AI, defense, energy, and robotics, and they generate risks no standard form anticipated. Someone has to underwrite the frontier, and Corgi is building the insurer that can.