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§ Private Profile · Beaverton, OR, USA
Steadily is a technology company.
Steadily provides specialized property and liability insurance for rental property owners and investors. The company offers an online platform designed to deliver fast and affordable quotes for policies that specifically cover risks associated with rental properties, differentiating from standard homeowner insurance. Its core offerings protect against property damage from events like fire, water, and storms, provide liability coverage for injuries or legal claims, and include safeguards for lost rental income if a property becomes uninhabitable.
Steadily was founded in 2020 by Darren Nix and Datha Santomieri. Their insight stemmed from recognizing a significant market gap for dedicated insurance solutions tailored to the unique needs of landlords. They identified that traditional insurance products often fell short in addressing the comprehensive coverage requirements for investment properties, prompting the creation of a more focused and efficient digital offering.
The platform serves individual rental property owners and real estate investors across the United States. Steadily’s vision is to simplify the complex process of securing appropriate coverage, aiming to be the leading specialist in landlord insurance. By focusing on this specific segment, the company seeks to empower property owners with tailored protection, allowing them to manage their investments with greater confidence and efficiency.
Steadily has raised $86.0M across 4 funding rounds.
Steadily has raised $86.0M in total across 4 funding rounds.
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, Matrix Partners, Founders' Co-op.
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 | Status |
|---|---|---|---|---|
| Apr 1, 2025 | $30M Series C | — | FirstMark Capital, Founder Collective, Matrix, RET Ventures, Ribbit Capital, Touchdown Ventures, TWO Sigma Ventures, Zigg Capital, Mike Bestvina, Shane Neman | Announced |
| Jul 1, 2023 | $29M Series B | Zigg Capital | FirstMark Capital, Founder Collective, RET Ventures, Ribbit Capital, Touchdown Ventures, Shane Neman | Announced |
| Nov 1, 2021 | $23M Series A | Zigg Capital, Matrix Partners | FirstMark Capital, Founder Collective, Founders' Co OP, Matrix, RET Ventures, Ribbit Capital, SNR, Touchdown Ventures, Diego Oppenheimer, Immad Akhund, Manish Jain, Shane Neman | Announced |
| Oct 1, 2020 | $4M Seed | Matrix Partners | Founders' Co OP, Matrix, SNR, Diego Oppenheimer, Immad Akhund, Manish Jain | Announced |
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.