co-founder and ceo @standinsurance

sf
Joined May 2009
Today @standinsurance announced $70M at a $1B valuation, led by @Saga_Ventures. A year ago, we insured $1B of property. Today it's $10B. Disasters follow the laws of physics. Insurance should too. Here's what our team is building:
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congrats to mark and the inspired team! they’re one of the best and few that understand complex industries
I'm proud to announce that we just closed Inspired Capital Fund IV at $450M. At @InspiredCap, we get in the boat and go to war with our founders until they win, pulling out all the stops to help them achieve their life's work. This new capital affords us the opportunity to invest more of our time partnering with the world's most ambitious early-stage founders. Seven plus years into Inspired, the results are starting to compound: our company partnerships now include 10 unicorns and 10 companies that have scaled past $100 million in annual revenue. We know many more will join those ranks in the coming years and we are excited to welcome more amazing founders to Inspired with this new fund. To every founder I have the privilege to work with, thank you for trusting us to be partners to your company, through both the good days and the tough ones. You're the reason I am addicted to this work. And we're just getting started.
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Dan Preston retweeted
LFG @standinsurance! Insurance for modern risks. Proud to be a cofounder and investor.
Today @standinsurance announced $70M at a $1B valuation, led by @Saga_Ventures. A year ago, we insured $1B of property. Today it's $10B. Disasters follow the laws of physics. Insurance should too. Here's what our team is building:
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Dan Preston retweeted
Growing fast. Lots to do.
Today @standinsurance announced $70M at a $1B valuation, led by @Saga_Ventures. A year ago, we insured $1B of property. Today it's $10B. Disasters follow the laws of physics. Insurance should too. Here's what our team is building:
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Insurance companies realizing @standinsurance insured $10B in property using physics while they use astrology to calculate my premium
🤝 Paid partnership
Today @standinsurance announced $70M at a $1B valuation, led by @Saga_Ventures. A year ago, we insured $1B of property. Today it's $10B. Disasters follow the laws of physics. Insurance should too. Here's what our team is building:
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Stand is excited to be hosting an event at SF Tech Week this October. Tech Week is the world’s largest decentralized tech gathering, bringing together 100,000+ unique attendees across 3,000+ community-led events in San Francisco, New York, Los Angeles, and Boston. Sign up for our event and other Tech Week events here: partiful.com/e/D3Nk3NFHRUvpR… & tech-week.com @Techweek_ #SFTechWeek
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Bill and the Convective team are building a special kind of investment firm - and backing what will become the world’s most important companies in resilience.
The world is getting warmer while our infrastructure gets older: a recipe for disasters. We’re excited to announce Fund II: $85M for early stage investments in disaster resilience.
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Dan Preston retweeted
What @danpres and the @standinsurance team are building brings what I previously would have believed to be science fiction to life in the world of insurance The results speak for themselves with the fastest growth and lowest loss ratios that I’ve seen This is a special company
Introducing Stand’s World Model, a physics-native frontier model for the built environment. This is how we help the world survive catastrophe: by computing how physical force acts on a structure, protecting property from fire, wind, flood, or earthquake.
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Introducing Stand’s World Model, a physics-native frontier model for the built environment. This is how we help the world survive catastrophe: by computing how physical force acts on a structure, protecting property from fire, wind, flood, or earthquake.
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Across the US, premiums are rising, insurance is getting scarce, and home values are dropping as a result. In California, homeowners are underinsured by $1T+. The solution is to pair insurance with specific physical changes that measurably change the outcome.
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At Stand, the same physics spans every major peril — wildfire, hurricane, flood, severe convective storm, earthquake. We intend to help property owners, municipalities, and innovators invent a future that is safer and more insurable. frontier.standinsurance.com
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Dan Preston retweeted
On Aug 1, 2008, I quit finance to start WePay, only for Lehman Brothers to collapse two weeks later. It felt like the world was ending, yet 18 years later the S&P is up 5X and the financial crisis gave birth to a fintech revolution. Today something similar is happening 🧵👇
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Dan Preston retweeted
Essay here: open.substack.com/pub/convec… And thank you to @paulg, @OCFAChief, @KatManalac, @gtwhitesides, @MegafireMatt, @DrLoriMM and Genny Biggs for reading drafts of the essay and providing feedback.
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