STASH Velar Fund 3 / Put your money where it matters Stash Updates  Continued rapid user growth, reaching 2.5M users and I .5M funded accounts in September. CAC r

mprove underwriting models far above what incumbents are able to. We're excited to work with these teams as they transform the insurance business. Velar Fund 3 has invested SRAM in Jetty and $6.3M in Coya, both of which are being held at cost. This document is confidential, trade secret, and not for furthe