Austin-Based Landlord Insurer Steadily Raises $31 Million

Austin-based landlord insurance company Steadily has completed its latest investment round, bringing its total funding to $31 million.

Steadily serves 17 million individual rental property owners who collectively own single family and small apartment rentals across the U.S.

The latest investment round adds to the $3.8M round Steadily announced one year earlier. The new investment was led by Matrix Partners and Zigg Capital with participation from Vesta Ventures and existing investors Peak State Ventures, Nine Four Ventures, and Next Coast Ventures.

Steadily offers coverage options that are personalized to customer needs, with insurance options for all property types – from single family rentals, to fix and flips, to short-term rentals, and more.

Steadily began operations as a retail agency, working with carriers and wholesalers nationwide to offer customers rates and coverages for their rental properties.