Steadily, an Austin-headquartered real estate insurance company, today announced it has raised $28.5 million in a Series B funding.
According to the company, Steadily serves 18 million individual rental property owners of single-family and small multifamily rentals across the country. The latest round brings Steadily’s total funding to $59.5 million, following a $16 million Series A in 2021.
The new investment was led by Zigg Capital with participation from Matrix Partners, Koch Ventures, Clocktower Technology Ventures, and Nine Four Ventures.
“As property investors ourselves, we understand the unique challenges and needs of rental property owners,” says Datha Santomieri, co-founder of Steadily. “Steadily has built an intuitive digital platform to empower landlords with insurance quotes online in minutes, 24/7, from the palm of their hand, in all 50 states. Our product is built to deliver an exceptional customer experience at every touch point, enabling real estate investors to easily access insurance at all stages of their customer lifecycle. The ongoing support from our investors enables Steadily to continue scaling quickly to meet the growing demand of our product with investors nationwide.”