BYO Workforce Startup Secures $9 Million in Series A Round

Steady, an income-building platform for the Build-Your-Own workforce, raised $9 million in a Series A financing round led by Propel Venture Partners, with participation from Omidyar Network, the impact investing firm established by Pierre Omidyar, the founder of eBay. Other investors include 25Madison, Clocktower Ventures, and Commerce Ventures. Shaquille O’Neal has joined the team as an advisor and advocate for the BYO workforce.

Steady starts by helping BYO workers find and apply to income-building opportunities that match their availability, abilities, and interests, such as augmenting retirement savings, working around childcare responsibilities, leveraging gig opportunities, or supplementing insufficient income from a primary employer. The company, which since its launch served 100,000 Americans, delivers personalized income-building opportunities, an income tracker, and exclusive relevant discounts.

The company plans to use the funds raised in this round to scale and extend product features.