Series C · Fintech
Stand raises $70m Series C at $1bn valuation
Saga Ventures led the home insurance company’s latest financing.
Stand announced a $70 million Series C on October 15. Saga Ventures led the round, with Lowercarbon Capital, Eclipse, Equal Ventures, Inspired Capital, Neotribe Ventures and Jackson Square Ventures among the participants.
The San Francisco business uses property-level simulations to underwrite homes exposed to catastrophes and identify measures that reduce risk. It operates in California and Florida and says it insures more than $10 billion in property.
Funding history
Series C · This round$70M