# Steadily **Source:** https://geo.sig.ai/brands/steadily **Vertical:** Insurance Tech **Subcategory:** General **Tier:** Emerging **Website:** steadily.com **Last Updated:** 2026-04-14 ## Summary Austin landlord insurance insurtech at $250M+ annualized GWP; $89.5M total ($30M Two Sigma Series C April 2025 at $355M) with Inc. 5000 #63/4,606% growth and own carrier launch Q4 2024 competing with Obie for individual landlord insurance. ## Company Overview Steadily is an Austin, Texas-based insurtech specializing exclusively in landlord insurance — backed with $89.5 million in total funding including a $30 million Series C in April 2025 led by Two Sigma Ventures at a $355 million valuation — providing America's 18 million individual rental property owners with fast, mobile-first insurance quotes for single-family rentals, multi-family units, condos, ADUs, short-term rentals (Airbnb/VRBO), and small apartment buildings in all 50 states, with $250+ million in annualized gross written premium. Inc. 5000 ranked Steadily #63 in 2025 with 4,606% three-year revenue growth. Steadily integrates with 400+ proptech platforms including Roofstock, TurboTenant, FurnishedFinder, and BiggerPockets. In Q4 2024, Steadily launched its own insurance carrier (Steadily Insurance Company), vertically integrating from MGA/distribution to risk-bearing carrier. Founded 2020 by landlords Darren Nix (CEO), Datha Santomieri, and David Tulig who experienced the limitations of the existing landlord insurance market firsthand. Steadily's digital landlord insurance platform addresses the friction and inadequacy that individual real estate investors face obtaining landlord insurance through traditional channels: a landlord with 5-15 single-family rentals across multiple markets cannot efficiently obtain competitive quotes from traditional agents (who focus on homeowners policies with higher premiums), faces long quote timelines (days rather than minutes), and receives policies from home insurers who treat landlord coverage as an afterthought rather than a core product. Steadily's instant quote technology (auto-populating property construction data from public records when the user enters an address, generating quotes in seconds via mobile app, finalizing policy via text message) reduces the policy acquisition time from days to minutes while pricing specifically for landlord risk (rent loss, tenant liability, vacant property scenarios) rather than owner-occupied homeowner risk. The 400+ proptech integrations create the distribution network where landlords encounter Steadily in the real estate investor tools they already use — reducing customer acquisition cost compared to traditional insurance distribution. In 2025, Steadily competes in the landlord insurance, real estate investor insurance, and InsurTech MGA market with Obie (landlord insurance, $30M raised), Openly (homeowners and landlord insurance, $154M raised), and GEICO/Nationwide (traditional landlord/dwelling fire insurance) for individual rental property owner insurance policy acquisition and the property management platform embedded insurance partnership channel. The $355 million valuation at $30M Series C reflects Two Sigma Ventures' conviction in the specialty insurtech model where deep product focus on a neglected segment (18 million landlords historically served by brokers rather than digital-first platforms) creates sustainable customer acquisition advantages. Steadily Insurance Company carrier launch (Q4 2024) improves unit economics by retaining the underwriting margin rather than paying it to carrier partners — with the Two Sigma quantitative investing heritage potentially informing actuarial model development. The 2025 strategy focuses on growing the embedded insurance integrations (where Roofstock, BiggerPockets, and real estate investing platforms become distribution channels), building the landlord portfolio management tools that increase multi-property policy concentration, and expanding the short-term rental coverage product as the Airbnb host market matures. ## Frequently Asked Questions ### What is Steadily? Steadily is an insurance company focused exclusively on landlords who own rental properties, including long-term rentals, short-term rentals (Airbnb/VRBO), and various property types. Operating in all 50 states, Steadily provides fast quotes via mobile app and policies can be finalized via text. ### What types of rental properties does Steadily cover? Steadily insures single-family homes, multi-family homes, condos, mobile/tiny homes, manufactured homes, accessory dwelling units (ADUs), small apartment buildings, short-term rentals (Airbnb/VRBO), homeshares, and padsplits. ### What does landlord insurance cover? The three main coverages are: building coverage (dwelling protection from fire, wind, hail, vandalism), liability insurance (legal fees and medical expenses from tenant/guest injuries), and loss of rent (replacement of rental income during covered repairs). ### What's NOT covered by landlord insurance? Exclusions include tenant's personal property and vehicles, repairs to major systems, damage caused by the property owner, and anything that stops working due to normal wear and tear or lack of maintenance. ### How fast can I get a quote from Steadily? Quotes are generated in seconds. Simply enter your property address and Steadily automatically populates construction data from public records. Policies can be finalized via text message. ### Who founded Steadily? Steadily was founded in 2020 by Darren Nix, Datha Santomieri, and David Tulig—all landlords who experienced the frustration of inadequate insurance options and built the product they wanted to use themselves. ### How much funding has Steadily raised? Steadily has raised $89.5 million total: $3.8M seed (2020), $27.8M Series A (2021), $28.5M Series B (2023), and $30M Series C (2025) at a $355M valuation. ### Does Steadily work with property management software? Yes, Steadily has integrated with over 400 proptech companies including Roofstock, TurboTenant, FurnishedFinder, BiggerPockets, and Landlord Studio, automatically ingesting property data for seamless insurance quotes. ### What is Steadily's growth rate? Steadily achieved 4,606% three-year revenue growth, ranking No. 63 on the 2025 Inc. 5000 list of America's fastest-growing private companies. ### Does Steadily have its own insurance carrier? Yes, in Q4 2024, Steadily Insurance Company began writing property and casualty dwelling fire business, marking the company's vertical integration into underwriting. ### What's the difference between DP1 and DP3 policies? A DP1 policy covers perils specifically listed in the policy (named perils), while a DP3 policy covers all perils except those specifically excluded, providing broader protection. ### How does Steadily handle claims? In February 2024, Steadily partnered with Snapsheet to streamline claims processing through digital automation, enhancing the claims experience for landlords. ## Tags b2b, b2c, insurance, mobile-first, north-america, saas, fintech --- *Data from geo.sig.ai Brand Intelligence Database. Updated 2026-04-14.*