Stand

Stand announced $70M in Series C financing on October 15, 2026. Stand, which insures homes in catastrophe-exposed regions, raised a $70 million Series C at a $1 billion valuation led by Saga Ventures.

Round details

The financing includes backing from Saga Ventures, Lowercarbon, Eclipse, Equal Ventures, Inspired Capital, Neotribe, Jackson Square Ventures. The company reported a $1B valuation alongside the transaction.

• Round: Series C
• Capital announced: $70M
• Total funding reported: $130M

How the company plans to use the capital

The release did not state how the proceeds will be used. It announced two senior hires: Drew Saad as President of Property and Casualty and Tony Landi as Chief Financial Officer, who will lead finance, reinsurance, capital markets, and growth strategy.

Why this matters for GTM teams

Stand says it now insures more than $10 billion of property, up from $1 billion a year ago, and that its policies are reinsured by AM Best A and A+ reinsurers.

Fresh capital is often an operational signal rather than a buying signal by itself. Teams should validate the company’s hiring pattern, product launches, geographic expansion, and technology priorities before choosing the message and timing of outreach.

Source and methodology

This report is based on the company’s announcement and records the disclosed amount, round, investors, location, and stated use of funds. SalesTools Research does not estimate undisclosed valuation or revenue figures.

Primary source: Stand Series C announcement.