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Exclusive: Stand raises $70 million at $1 billion valuation to price wildfire risk by treating homes like airplanes in flight

Exclusive: Stand raises $70 million at $1 billion valuation to price wildfire risk by treating homes like airplanes in flight

Feed excerpt — reported by Fortune

Only a few years old, Stand says its digital twins predicted wildfire outcomes about 85% of the time in a backtest, versus 50%–55% for conventional models.

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