Stand Raises $70M Series C at $1B Valuation

Stand, a San Francisco-based property insurance technology company, has raised $70 million in a Series C funding round, bringing its total funding to $130 million. The company utilizes a proprietary digital simulation model to assess home resilience against natural disasters, allowing them to provide more stable and affordable insurance coverage to homeowners.

Investors

The round was led by Saga Ventures, with participation from Lowercarbon, Eclipse, Equal Ventures, Inspired Capital, Neotribe, and Jackson Square Ventures.

Stand Use of Funds

The company plans to use the new capital to scale its insurance operations, expand into new markets, and continue developing its property simulation technology to help homeowners reduce risk and insurance premiums.

About Stand

Founded by CEO Dan Preston, Stand is a mission-driven insurance company that protects homes in catastrophe-exposed regions. By leveraging physics-based simulations, the company identifies vulnerabilities in properties, guides homeowners through the process of making their homes more resilient to fire and wind, and provides insurance policies that reflect the reduced risk of these improvements.

Funding Details

Company Website: https://standinsurance.com

Company: Stand
Raised: $70M
Round: Series C
Funding Date: October 15, 2026
Lead Investor: Saga Ventures
Additional Investors: Lowercarbon, Eclipse, Equal Ventures, Inspired Capital, Neotribe, Jackson Square Ventures
Company Website: standinsurance.com
Software Category: Insurtech
Source: https://www.prnewswire.com/news-releases/stand-raises-70-million-series-c-at-1-billion-valuation-to-make-the-worlds-homes-resilient-against-natural-disasters-302910105.html