Rental insurtech Steadily secures $30 million in Series C

Steadily Secures $30 Million in Series C Funding

Texas-based rental insurtech Steadily has announced that it has raised $30 million in a Series C funding round. The investment was primarily led by Two Sigma Ventures, which is well known for backing innovative technology companies.

Valuation and Growth Plans

This latest round brings Steadily's valuation to $355 million. The capital raised will help the company further enhance its rental insurance offerings and expand operations. This funding is particularly noteworthy as it underscores investor confidence in Steadily's business model and market potential.

Key Players Involved

Two Sigma Ventures, the lead investor in this round, is recognized for its focus on technology and data-driven ventures. Their involvement could provide not just capital, but also strategic support as Steadily continues to grow in the competitive rental insurance sector.

Who May Be Impacted?

The implications of this funding round extend beyond just Steadily. As they grow, tenants, landlords, and property managers could see improvements in the rental insurance market, potentially leading to better coverage options and pricing. Additionally, this could encourage other insurtech companies to innovate and think creatively about their own offerings.

Conclusion

In summary, Steadily’s successful funding round reflects a growing interest in modernizing rental insurance through technology. With $30 million to fuel their growth, the company is poised to make a significant impact in its market.

Original Source: https://www.theinsurer.com/program-manager/news/rental-insurtech-steadily-secures-30-million-in-series-c-2025-04-23/