Insurtech startup Corgi has raised $106 million in its B1 funding round, boosting its valuation to $2.6 billion. This follows a $160 million B round just three weeks ago, which valued the company at $1.3 billion. The rapid valuation increase has drawn attention, particularly as the same investors, including Kindred Ventures and Y Combinator, participated in both rounds. Corgi attributes the valuation surge to its business growth and expanding demand for its AI-native insurance platform. Founded in 2024, Corgi provides insurance services to startups, focusing on technology, cybersecurity, and general liability. The new funds will enhance its AI underwriting capabilities and expand its insurance offerings. Corgi's products address risks such as financial losses and compliance issues related to AI systems, areas often overlooked by traditional insurers. To date, Corgi has raised a total of $378 million.