Stand reaches unicorn status with a $70 million Series C round, reporting a 10x growth in total insured value to $10 billion alongside key executive appointments.
Stand has successfully secured $70 million in Series C funding, pushing its total capital raised to $130 million and achieving a $1 billion valuation. This milestone is bolstered by significant operational scaling, evidenced by a 10x increase in total insured value to $10 billion, and strategic leadership appointments aimed at strengthening its P&C and financial divisions.
Stand has raised a total of $130 million, including the recent $70 million Series C.
Following the Series C round, Stand is valued at $1 billion.
The company's total insured value has grown 10x to reach $10 billion.
Insurtech firm Stand has successfully closed a $70 million Series C funding round, pushing its total valuation to $1 billion. The capital injection brings the company's total funding to $130 million as it scales operations and expands its leadership team.
Following its latest $70 million Series C funding round, Stand is valued at $1 billion.
Stand has raised a total of $130 million in funding since its inception.