Human resources provider Recruit Holdings led a $15m series B round for financial advocacy platform developer Steady yesterday through corporate venture capital arm Recruit Strategic Partners.
Propel Venture Partners and CMFG Ventures also took part, on behalf of financial services firm BBVA and insurance provider Cuna Mutual Group respectively, as did Loeb Enterprises and Flourish Ventures. Recruit Strategic Partners will take a board seat at the company along with its investment.
Steady provides an online platform where hourly and gig workers can track their pay while accessing guidance on their finances in addition to information on additional work and benefits such as the company’s telemedicine service.
The startup publicly launched in August 2018 with $9m from a series A round led by Propel Venture Partners that also featured Omidyar Network, 25Madison, Clocktower Ventures and Commerce Ventures.
