Steady, an income-building platform for the Build-Your-Own (BYO) workforce, announced today that it has raised $9 million in Series A financing round from leading FinTech investors, including Omidyar Network. The round was led by Propel Venture Partners and other funders 25Madison, Clocktower Ventures, and Commerce Ventures. Additionally, the company also announce that former basketball player Shaquille O’Neal has joined the Steady team as an advisor and advocate for the BYO workforce.
“In today’s America, the single, upward career path is a false notion for too many people. A long-term, consistent, path of ascension just isn’t attainable in most industries. People need to create their own,” said Michael Loeb, Steady cofounder. “Steady is uniquely built to address a financial health crisis that’s hitting epidemic proportions.”
Read the full press release here.