The home insurance industry is in the midst of a historic crisis. Once a cornerstone of financial stability, property insurance is now buckling under the pressure of intensifying weather extremes. In high-risk states like California and Florida, incumbent insurers are retreating, leaving millions of people underinsured or completely uncovered. The financial toll is staggering—global losses from climate-related disasters exceeded $100 billion last year alone, nearly double the 30-year average. Outdated insurance models, overwhelmed state insurance pools, and the growing unpredictability of extreme weather have created an untenable situation. The stakes are clear: the system is failing and urgently requires solutions to secure a sustainable future.

At Inspired, we’re drawn to founders who see structurally broken markets not as obstacles but as opportunities. These entrepreneurs tackle the hardest, most entrenched problems, driven by a belief that solving them can deliver meaningful value for both their businesses and society. That’s exactly why we invested in Stand—a company reimagining property insurance so homeowners can play offense against weather catastrophes. 

Stand is revolutionizing property insurance by providing comprehensive coverage paired with science-backed risk reduction guidance and real-time monitoring tools. Unlike traditional insurers, Stand uses advanced physics and fire science models to create a digital replica of each insured property, enabling hyper-precise wildfire risk assessment. Through sophisticated proprietary simulation technologies, Stand transforms property insurance from a reactive safety net into a proactive risk prevention tool. 

The company's deep-tech methodology represents a fundamental shift in how property insurance operates, replacing one-size-fits-all policies with intelligent, tailored solutions that adapt to changing environmental conditions. With Stand, homeowners gain the tools to take control of their safety and build lasting resilience against future risks.

The brilliance of Stand lies not just in its approach but in its team. From the moment we met the founders, it was clear they were uniquely positioned to take on this challenge. The team’s collective expertise spans insurance, machine learning, wildfire tech, fintech, and advanced aerospace and computational physics from organizations like SpaceX and SLAC. Meet the co-founders: 

‍Dan Preston, Co-Founder & CEO: Dan was the former CEO at Metromile (NASDAQ: MILE, acquired by Lemonade) 

Jason Mueller, Co-Founder & CPO: Jason was the former CPO at Policygenius (acquired by Zinnia)

Sam Shank, Co-Founder: Sam was the former CEO at HotelTonight (acquired by Airbnb) ‍

Bill Clerico, Co-Founder: Bill was the former CEO at WePay (acquired by JP Morgan) and is the Managing Partner at Convective Capital

Their team embodies the rare combination of vision, technical chops, and unwavering determination required to revolutionize a broken industry. Inspired Capital is incredibly proud to lead Stand’s Series A round to support them on their journey to reimagine the future of property insurance. 

Please welcome Dan, Jason, Sam, Bill, and the entire Stand team!