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Stand, a homeowners insurance startup, has raised $70.0M in Series C funding.
The round drew backing from Saga Ventures, Lowercarbon, Eclipse, Equal Ventures, Inspired Capital, NeoTribe, and Jackson Square Ventures. Stand is building a homeowners insurer around deterministic physics-AI models, using them to give homeowners science-based reasons to harden their properties against catastrophic risk - and, in turn, to incentivize mitigation.
Exclusive: Stand raises $70 million at $1 billion valuation to price wildfire risk by treating homes like airplanes in flight Exclusive: Stand raises $70 million at $1 billion valuation to price wildfire risk by treating homes like airplanes in flight | Fortune Matt DiStefano shares his screen and rotates a gray 3D model of a California neighborhood.
He zooms in on one house and overlays a heat map. Red contours run along the sides and back, where trees stand close to the home. Blue sits near the pool. Then he starts deleting trees. Recommended Video Removing one takes more than $1,100 a year off the home’s premium. Another, he says, “doesn’t contribute as much.” “This one’s the one that matters,” DiStefano says of the first tree. He is Stand’
Metabolize
Your work is complex. Your brand shouldn't be. We use human-centered design to help engage audiences by metabolizing business complexities into concise brand stories that resonate. We do this by creating brands from the ground up, including naming, logo design/identity, and messaging; communications including websites & other collateral that tell resonant brand stories; campaigns & experiences that span the web, print, social, email, PR, & live events.
$3.2M Seed
today
Otter Health
At Otter Health we are reimagining the delivery of high value care. We are building a new paradigm that removes the frictions of utilization management, focuses on outcomes, and actually saves costs.
$8.0M Seed
today
Largest funding rounds in Insurance on Signalbase right now.
| # | Company | Round | Amount | Date |
|---|---|---|---|---|
| 1 |  Wave Claims Germany | Unknown | €3.8B | 2y ago |
| 2 |  Insignia Financial Australia | Unknown | $2.9B |
Companies that recently closed a Series c round.
| # | Company | Round | Amount | Date |
|---|---|---|---|---|
| 1 |  Zippy United States | Series c | $20.0M | today |
| 2 |  Lyte United States | Series c | $165.0M | 2d ago |
| 3 |
Homa
Homa provides modern representation for modern homebuyers. We’re rebuilding the homebuying experience around the way people actually buy today, with on-demand home tours, experienced negotiation support, dedicated transaction coordination, and technology that helps buyers make more informed decisions throughout the process. Homa charges a transparent fee for buyer representation. When eligible seller-paid commission remains after Homa’s fee, buyers may receive that value as Homa Credit, which can potentially be used toward closing costs, a mortgage rate buydown, or other eligible uses. The result is a more flexible, informed homebuying experience designed to give buyers greater control and more value from their representation. Homa is currently live in Texas, Florida, and California.
$5.0M Seed
today
| 1y ago |
| 3 |  Federation Of Afro Asian Insurers & Reinsurers - FAIR Egypt | Seed | $2.1B | 9mo ago |
| 4 |  Next Insurance United States | Series g | $2.0B | 9mo ago |
| 5 | Insignia Financial Australia | Unknown | $1.9B | 1y ago |
 CircleCI United States |
| Series c |
| $31.0M |
| 3d ago |
| 4 |  Veir | Series c | $110.0M | 5d ago |
| 5 |  Basecamp Research United Kingdom | Series c | $140.0M | 9d ago |
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