Steadily is a landlord insurance provider serving real estate investors, headquartered in Austin, TX and Overland Park, KS. Its core offerings include Steadily Insurance Company (an A-rated carrier), five MGA programs, and a large insurance agency that underwrites and distributes policies. The company serves policyholders in all fifty states and reports over $250M in annualized gross written premium. Led by co-founder and CEO Darren Nix, Steadily plans to use the new capital to expand operations and its development efforts. The company was valued at $335M in the latest round and has raised $89.5M in total funding to date. Steadily's previous financing included a $28.5M Series B in 2023. Steadily is an Austin, TX and Overland Park, KS-based landlord insurance company that built a mobile-first digital platform to provide landlords with insurance quotes online in minutes, 24/7, across all 50 states. Founded by Darren Nix, Datha Santomieri, and David Tulig, the company began as a retail agency working with carriers and wholesalers to offer competitive rates and coverages for rental properties. Steadily reports increased binding authority with existing carriers and has expanded operations to include program administrator capabilities. The platform serves the 18 million individual rental property owners who collectively own the majority of single-family and small multi-family rentals across the U.S. The company plans to use the new funding to expand its mobile-first experience and deploy embedded IoT devices aimed at preventing property damage and to meet growing nationwide demand. Steadily offers landlord insurance products with a digital, self-serve experience aimed at individual rental property owners. The company serves the estimated 17 million individual rental property owners who own the majority of single-family and small apartment rentals across the U.S., supporting single-family rentals, fix-and-flips, short-term rentals, and other property types. Steadily began as a retail agency working with carriers and wholesalers nationwide and now holds binding authority with existing carriers while also providing program administrator capabilities. The product emphasizes modern tech integrations and an improved customer experience to address historically outdated insurance processes. In its latest financing Steadily raised $27.2M, bringing total funding to $31M, and plans to use the capital to scale operations and meet growing consumer demand. Founders and investors characterize the business as a tech-first, customer-centric entrant that aims to modernize insurance for landlords. Steadily offers mobile-first, direct-to-consumer landlord insurance that lets property owners get quotes and buy policies through a streamlined app. The product pre-fills property data, delivers competitive quotes in minutes, verifies post-bind property conditions (for example fire mitigation), and lets landlords order items like fire extinguishers. Steadily is building non-invasive IoT sensors (for example washing-machine leak sensors) and advanced data analytics to detect issues early, reduce claim volume and severity, and ultimately lower premiums. The company has secured multiple carrier partnerships to underwrite policies while it remakes front- and back-end processes to improve acquisition and claims handling. Steadily is positioning itself to address an underserved market estimated at roughly $38 billion in annual premiums across 48 million rental units. The company is based in Austin, Texas and recently raised seed funding to accelerate product development and deploy its IoT and analytics capabilities.

Total raised

$90M

Funding rounds

4

Latest round

Series C

Latest activity

Apr 2025