Meet Stand — the property insurance company that doesn’t quit when climate hits. We’re proud to help launch this company today, co-leading their $30m Series A with Inspired Capital, with participation by Equal Ventures and Convective Capital. Co-founders Dan Preston, Bill Clerico, Sam Shank, and Jason Mueller started with a simple premise: safer homes should be cheaper to insure. Then they built the tech to make that a reality, using advanced physics-driven AI modeling to create incredibly detailed 3D digital twins of individual properties. This high-fidelity modeling enables Stand to create customized resilience plans that keep properties safe in a way that works for owners. With Stand, the more you protect your property, the less you pay in premiums. It almost makes too much sense. As insurance companies abandon homeowners in wildfire-prone areas left and right, Stand is stepping into the void. And putting homeowners in control. https://lnkd.in/eY5MxFKt
Incredible! Go Bill Clerico and co!
That is great! Thanks
Head of BD @ Morphotonics | Ex Co-founder @ Ostendo | Deeptech, Displays, MicroLED, AR, 3D, Optics
3wA real and costly problem I faced in recent years for rentals in San Diego - will check out Stand