Stand Insurance Raises $70M to Make Homes Resilient Against Disasters

SAN FRANCISCO, Oct. 15, 2026 /CourierPR/ -- Stand Insurance, a company dedicated to making homes safer and more resilient against natural disasters, has raised a significant $70 million in its Series C funding round, bringing its total raised to $130 million. The round was led by Saga Ventures, with participation from Lowercarbon, Eclipse, Equal Ventures, Inspired Capital, Neotribe, and Jackson Square Ventures, among others. Stand Insurance now insures more than $10 billion of property, a 10X increase from $1 billion a year ago.

The company's latest funding round values it at $1 billion, positioning it as a leader in the insurance industry for homes exposed to natural disasters. Stand Insurance's mission is to insure all the world's resilient properties, making homes safer and thus insurance cheaper. The company's approach is based on the principle that insurance should be priced based on the physics of how a home will perform in a disaster, rather than relying solely on historical data.

Stand Insurance's innovative approach starts with a simulation model called the Stand World Model, which creates a digital representation of every home and simulates how it will perform under various disasters. The model takes into account the home's construction, its surroundings, and the weather it faces. By using this forward-looking approach, Stand Insurance can identify vulnerabilities and recommend the most cost-effective ways to protect homes.

The company's leadership has also been bolstered with the addition of two senior executives. Drew Saad, who was most recently the Chief Underwriting Officer at PURE Insurance, has joined as the President of Property & Casualty. Saad is excited to bring his experience in underwriting to Stand Insurance, which he sees as a unique opportunity to build an insurance operation that matches the company's forward-thinking approach to risk.

Tony Landi, who was most recently the Head of Strategic Growth at Nephila, has joined as the Chief Financial Officer. Landi is responsible for leading finance, reinsurance, capital markets, and growth strategy as Stand Insurance continues to scale. He is excited to join a team of experts in physics, underwriting, and product, all working towards the common goal of making every property safe.

Stand Insurance's new funding will be used to continue its mission of making homes safer and more resilient. The company plans to use the funds to expand its team, develop new technologies, and increase its coverage in catastrophe-exposed regions. Stand Insurance's goal is to ensure that every resilient property is insured, providing homeowners with the peace of mind that comes from knowing their home is protected against natural disasters.

The company's latest achievement underscores its commitment to innovation and its belief that by understanding the physics of risk, it can offer homeowners more reliable and cost-effective insurance. Stand Insurance's mission is to transform the insurance industry for homes exposed to natural disasters, making it a safer and more resilient place for all.