Fortune Term Sheet· Nick Lichtenberg·2026-10-15 20:00· 3 days agoTop DealsAI Score80

Stand raises $70M Series C at $1B valuation to price wildfire risk with digital twins

Exclusive: Stand raises $70 million at $1 billion valuation to price wildfire risk by treating homes like airplanes in flight

AI Overview

Stand, a San Francisco home insurer, raised a $70 million Series C at a $1 billion valuation led by Saga Ventures.

Why it matters

Stand's digital-twin pricing shows how physics simulation and a world model can replace zip-code risk scoring, with its own backtest as the only evidence.

Source:Fortune Term Sheet · fortune.com

Fintech Series C+#Series C+#Fintech #United States #Unicorn

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