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The Venture Codex

Nine Four Ventures

30 S Wacker Dr Ste 2750, Chicago, Illinois, 60606, United States

Overview

Nine Four Ventures is an early-stage PropTech fund that invests in startups impacting the people, processes, and ecosystems that interact with the built world.

Total investments
22
Lead investments
3
Investments · 12mo
0
Active investors
4

Sector focus

  • Financial Services
  • PropTech
  • Real Estate
  • Venture Capital
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Investment portfolio

  • Lumion

    Participated · Seed · Jun 2025

    Lumion provides an all-in-one SaaS platform for trade and technical schools, unifying the full student lifecycle from lead capture through alumni tracking. The platform includes enrollment tools, a payments stack (including a lender marketplace and school-administered plans), and full-service SIS capabilities with centralized reporting. Lumion originally focused on student financing and has since evolved into a broader operating system for schools. Over the last year the company says it tripled revenue, customer base, and team while supporting over 100,000 students across 260+ partner schools in more than 29 industries. Operational metrics reported include processing 140,000 tuition payments and enabling 1,690 school administrators; the company estimates $20 billion in human capital impact and has grown to a 35-person team. Headquartered in Salt Lake City, Lumion plans to accelerate market expansion and continue product innovation amid favorable workforce-development policy tailwinds.

  • Steadily

    Participated · Series C · Apr 2025

    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.

  • Latii

    Participated · Seed · Oct 2024

    Latii operates a managed marketplace and supply-chain automation tool that lets U.S. customers source precision-made, design-forward windows and doors from fabricators in Latin America, Southern Europe, and North Africa. The company targets luxury architects, high-end dealers, and builders, claiming savings of up to 60% while maintaining quality and offering access to specialty aluminum and steel fenestration styles. Latii says it has worked with customers in Texas and facilitated more than $1 million in orders in the past twelve months, and has validated product-market fit and unit economics. Leadership (CEO Santiago Bueno and COO Juan Pascual) plans to use new capital to develop and launch AI-powered tools, including an automated quoting engine, to streamline quoting and production processes. The company is positioning its technology to scale U.S. expansion across the Pacific Northwest, Mountain Region, and the New York Tri-State Area. Latii frames its opportunity within the $1.7 trillion U.S. construction market and the $65 billion window and door market.

  • Bowery Valuation

    Participated · Series B · Jul 2023

    Bowery Valuation develops a cloud-based commercial appraisal writing platform and companion mobile application that leverages big data and internal expertise to automate and accelerate the appraisal process. After two years of development, the company officially launched its appraisal business on May 1. Its technology aims to reduce turnaround times and improve accuracy for commercial real-estate valuations, providing a modern alternative to traditional appraisal workflows. Co-CEOs John Meadows and Noah Isaacs, both formerly of the Leitner Group, lead the firm alongside CTO Cesar Devers. The fresh capital will be allocated to expanding both the technology and appraisal teams, underscoring Bowery’s focus on product enhancement and service capacity. To date, the company has raised $1.75 million, giving it initial resources to scale operations and pursue additional market share in the commercial real-estate sector.

  • Branch

    Participated · Series A · Apr 2022

    Branch, founded in 2019, sells ergonomic chairs, standing desks, workstations, conference furniture and space division products direct to customers with chair prices typically $250–$400 and desks $500–$1,000. The company pivoted from enterprise to home-office products during the pandemic, which drove rapid growth (600% in 2020, then fourfold growth in 2021) and helped it build a run rate up to the mid‑eight figures on earlier capital. More recently Branch has seen enterprise revenue grow 500% over the last three quarters, with a sweet spot in companies of 20–200 employees and additional demand from property landlords. The business is investing the new capital in product development, R&D, hiring (design, marketing, sales, operations) and building technology around furniture, including consumer ergonomics and an improved app as well as enterprise tools for office managers. The team was under 20 people prior to the raise, and the company is also exploring a brick‑and‑mortar store later in the year. Leadership emphasizes design-driven branding and aims to expand product lines now that many workers are returning to offices. Branch was founded to make it easy for teams of all sizes to create an office they love. The company sells office furniture direct to customers, which it says lowers collection costs to about half that of comparable premium furniture. Branch offers end-to-end services such as space planning, delivery, and white-glove installation. It also provides the ability to trade in used furniture when customers move or grow. The product and service offering targets teams and businesses seeking turnkey office solutions. Branch is based in New York.

Team