Steadily, a new kind of insurer for landlords, came out of stealth mode today to officially launch its service and offer landlords new opportunities to secure property insurance coverage in this severely underserved market. Landlords can purchase insurance and address property needs directly through a mobile experience without the hassle of going through an agent. The company also announced that it has received $3.8 million in seed funding in a round led by Matrix Partners. Money will be used to accelerate product development as Steadily works, in part, to bring IoT devices to property management, facilitating preventative maintenance and lowering premiums.

Steadily was created by industry experts to offer landlords great insurance service and a compelling experience from quote request to claim resolution. Mobile-first and direct-to-consumer, Steadily is poised to rapidly remake the insurance segment. The company is based in Austin, Texas and backed by investors including Matrix Partners, Next Coast Ventures, Nine Four Ventures, and SV Angel. Learn more at https://www.steadily.com.