Stand, a insurance/" style="color:#c0392b;font-weight:700;text-decoration:underline;" class="hta-topic-link">property insurance company that helps homes withstand natural disasters, has secured $70 million in Series C funding at a $1 billion valuation.
Announced on 15 October 2026, the investment takes the company’s total funding to $130 million.
Saga Ventures led the round, which also attracted investment from Lowercarbon, Eclipse, Equal Ventures, Inspired Capital, Neotribe and Jackson Square Ventures, alongside other investors.
The San Francisco-based company reported that the total value of properties covered by its insurance has reached more than $10 billion, representing a tenfold increase from the $1 billion recorded a year earlier.
Stand aims to expand its portfolio by combining property assessments, practical home improvements and insurance products designed around the level of protection each building offers against natural hazards.
The funding comes as homeowners face growing concerns about the cost and availability of property insurance in areas vulnerable to extreme weather and other natural disasters. Stand argues that conventional insurance models, which often draw heavily on historical loss data, do not always reflect the specific characteristics of individual properties or the improvements that could reduce their exposure to risk.
To address this, Stand has developed a technology-led approach that assesses how homes are likely to respond to different disaster scenarios. Its Stand World Model produces digital representations of properties and simulates their potential performance during events such as wildfires and high winds. The assessments consider factors including building materials, construction methods, surrounding features and local weather conditions.
According to Stand, the model helps identify weaknesses in individual homes and determines which improvements could offer the greatest protection for the cost involved. This allows the company to recommend measures based on the characteristics of each property rather than relying solely on broad risk categories or historical insurance claims.
Stand also assists homeowners with carrying out the recommended work. The company provides guidance throughout the improvement process, connects property owners with its network of trusted partners and verifies that the agreed work has been completed. Its stated objective is to improve a home’s resistance to natural hazards without compromising its existing appearance or character.
After assessing a property’s resilience, Stand offers insurance intended to reflect the reduced risk associated with protective measures. The company says homeowners may qualify for premium reductions of up to 70%. It also aims to offer more consistent pricing and dependable coverage for properties that meet its resilience requirements, helping owners manage the uncertainty associated with insurance renewals.
“Disasters follow the laws of physics, and insurance should too,” commented Dan Preston, Co-founder and Chief Executive of Stand. “If your home is resilient, you should be rewarded with a low premium and never have to worry about losing your coverage. We want to insure every resilient property in the world, and help make every property safe.”
As part of its expansion plans, Stand has appointed two experienced insurance and finance executives to its leadership team. Drew Saad has joined as president of property and casualty, following his most recent role as chief underwriting officer at PURE Insurance. During his time there, he led underwriting operations for the insurer, which specialises in high-net-worth clients.
“The companies that reshape a market for decades are the ones that identify a fundamentally better way to understand risk, and Stand has done that for the homes exposed to natural disasters,” added Saad. “With the science already in place, the opportunity now is to build an insurance operation that matches it and scales it to every market that needs it. That is the work I have spent my career preparing for, and it is why I joined Stand.”
Tony Landi has also joined Stand, taking on the role of chief financial officer. He most recently worked as head of strategic growth at Nephila, a fund manager specialising in catastrophe reinsurance. His previous positions include head of reinsurance and capital management at Openly and head of portfolio management at Everest Re.
In his new position, Landi will be responsible for financial management, reinsurance arrangements, capital markets and the company’s growth strategy. His role includes ensuring Stand has access to the capital needed to support its expanding insurance portfolio and manage its exposure to risk as operations grow.
“What drew me to Stand is the depth of the team, with real experts in physics, underwriting, and product working on the same problem,” noted Landi. “My job is to make sure that as Stand grows, the capital is there to support it, from our investors and our reinsurance partners alike. We’ll do that by building diversified, resilient portfolios and matching risk and returns to capital appetite.”
The $70 million investment will support Stand as it develops its technology and expands its insurance business. With its portfolio of insured properties having grown substantially over the past year, the company is seeking to increase access to insurance for homes that have taken steps to reduce their vulnerability to natural disasters. Its business model centres on linking property-level risk assessments and preventative improvements with insurance pricing, with the aim of making coverage more accessible and predictable for eligible homeowners.
