Stand insurance secures $35m Series B to expand in Florida

Stand Insurance Raises $35 Million in Series B Funding

Stand, an insurance startup specializing in protecting properties against catastrophic events, has successfully completed a $35 million Series B funding round. The round was primarily led by Eclipse, with ongoing support from notable previous investors like Inspired Capital, Lowercarbon Capital, and Equal Ventures.

What Stand Does

Founded just over a year ago, Stand focuses on underwriting insurance for properties that are highly exposed to natural disasters. This includes homes and businesses situated in regions prone to hurricanes, wildfires, and other significant risks. Their technology-driven approach aims to offer tailored coverage, making it easier for policyholders to secure the necessary protection.

Funding Goals

The new capital will be utilized to further Stand's expansion efforts, particularly in Florida, which is known for its vulnerability to hurricanes and severe weather. With this funding round, Stand plans to enhance its technology platform and develop more comprehensive insurance products that address the needs of Florida residents and businesses.

Impact on the Market

This funding indicates growing confidence in the insurtech sector, especially in areas focused on risk management and technological innovation. As climate change continues to affect weather patterns, the demand for reliable insurance solutions for catastrophe-exposed properties is expected to rise. Stand aims to position itself as a leader in this niche market by leveraging both technology and investment support.

Overall, Stand's latest funding round represents a strategic step toward scaling its operations and refining its offerings in a critical market segment.

Original Source: https://fintech.global/2025/10/17/stand-insurance-secures-35m-series-b-to-expand-in-florida/