Steadily has raised $86.0M in total across 4 funding rounds.
Steadily's investors include FirstMark Capital, Founder Collective, Matrix, RET Ventures, Ribbit Capital, Touchdown Ventures, Two Sigma Ventures, Zigg Capital, Mike Bestvina, Shane Neman, Founders' Co-op, SNR.
Steadily is a digital insurtech company specializing in fast, affordable landlord insurance tailored for the 18 million individual rental property owners in the U.S.[1][2][5] It serves real estate investors and landlords by solving the pain points of traditional insurance—slow quotes, high costs, and mismatched policies—through a mobile-first platform that delivers quotes in minutes, 24/7, across all 50 states.[3][5] With over $250 million in annualized gross written premium and integrations with 400+ proptech platforms like Roofstock and TurboTenant, Steadily has achieved rapid growth, culminating in a $30 million Series C funding round in April 2025 that valued the company at $355 million.[1][2]
Steadily was founded in 2020 by Darren Nix, who serves as CEO and President, alongside a team of insurance experts and rental property investors.[1][2][3] The idea emerged eight years earlier when Nix struggled to insure his first rental property, highlighting the industry's inefficiencies for individual landlords.[1][2] As landlords themselves, the founders empathized deeply with customers—Nix even became Steadily's first policyholder after launch.[1] Early traction came from building an intuitive digital platform for instant quotes, earning a 4.8-star rating and rapid expansion, with dual headquarters in Austin, Texas, and Overland Park, Kansas.[3]
Steadily rides the insurtech and proptech boom, targeting the underserved 40% of U.S. rental units owned by individual landlords who face outdated insurance options.[2] Its timing aligns with rising real estate investment, short-term rentals (e.g., Airbnb), and data-driven platforms, amplified by proptech integrations that embed insurance into property workflows.[1][2] Market forces like digital transformation in insurance and the growth of 18 million small landlords favor Steadily, positioning it to disrupt a fragmented $XX billion segment by making coverage as simple as e-commerce.[2][3] It influences the ecosystem by setting standards for embedded insurance, benefiting proptech partners and accelerating adoption among investors.[1]
Steadily's momentum—fueled by Series C capital—positions it to supercharge nationwide expansion, refine claims speed, and pioneer preventive tech like IoT.[1][2] Trends like AI-driven underwriting, deeper proptech embedding, and climate-resilient coverage will shape its path, potentially scaling premiums beyond $250M amid growing rental demand.[1][3] Its influence may evolve from niche disruptor to category leader, redefining landlord insurance as instantaneous and proactive, much like how it began with one founder's rental headache.
Steadily has raised $86.0M across 4 funding rounds. Most recently, it raised $30.0M Series C in April 2025.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Apr 1, 2025 | $30.0M Series C | FirstMark Capital, Founder Collective, Matrix, RET Ventures, Ribbit Capital, Touchdown Ventures, Two Sigma Ventures, Zigg Capital, Mike Bestvina, Shane Neman | |
| Jul 1, 2023 | $29.0M Series B | FirstMark Capital, Founder Collective, RET Ventures, Ribbit Capital, Touchdown Ventures, Zigg Capital, Shane Neman | |
| Nov 1, 2021 | $23.0M Series A | FirstMark Capital, Founder Collective, Founders' Co-op, Matrix, RET Ventures, Ribbit Capital, SNR, Touchdown Ventures, Zigg Capital, Diego Oppenheimer, Immad Akhund, Manish Jain, Shane Neman | |
| Oct 1, 2020 | $4.0M Seed | Founders' Co-op, Matrix, SNR, Diego Oppenheimer, Immad Akhund, Manish Jain |
