Cori Insurance Fintech Launches AI-Themed ETFs to Undercut Fees and Challenge BlackRock
VC-backed Cori Insurance’s Corgi Invest has launched a fast-growing ETF lineup—197 and counting—after a $2.6B valuation raise. The ultrashort bond fund charges a lower expense ratio than major issuers, and buffered income funds charge 30 bps versus about 70 bps typical. Leveraged and AI-themed strategies target secular themes as the firm waits for assets to grow.