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Steady

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uuid0000obn

Namestring
Steady
Legal namestring
Steady Platform, Inc.
Websiteurl
steadyiq.com
Company typeenum
Private
Founded yearint
2017
Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
101–250
akta.pro rankint
HeadquartersAtlanta, United States
HQ citystring
Atlanta
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices1 record

Each record includes

City, Country, Type, Description, Source

Keyword5 values
income verification software, public benefits verification, AI verification platform, employment verification services, government identity verification
Industry4 codes
1Eligibility & Benefits Verification
CodeHLACACADPrimaryYes
2Identity Verification & Proofing (IDV, KYC, Biometrics)
CodeHDADAAAFPrimaryNo
3Data, Evidence & Document Verification (IDV) for KYC
CodeFSAMAMANPrimaryNo
4Privacy-Preserving Data (De-identification, Anonymization, PII Redaction)
CodeHDAAALAGPrimaryNo
NAICS code2 codes
  • Investigation and Personal Background Check Services561611
  • Social Assistance624
Product category
Income Verification Software for Public Benefits
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model2 records
1B2G SaaS Subscription (Agency Licenses)
TypeSubscription Recurring
Description

Government agencies and community organizations pay for access to the Income Passport platform. The service is provided at no cost to users referred by these entities. Revenue is derived from contracts with government agencies for verification services, with demonstrated ROI of $108 million average projected savings per agency per year.

steadyiq.com
2Program Integrity and Efficiency Savings
TypeManaged Services
Description

Revenue derived from cost savings achieved through increased payment accuracy, workflow efficiencies, and contract savings for partner agencies. Agencies realize significant cost savings through reduced fraud, fewer processing errors, and lower administrative burden.

steadyiq.com
Marketing channels5 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels3 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure
Pricing details1 tier
1Free for referred users; agencies pay via contract
ModelSubscriptionBilling cadenceMulti-year contract
Notes

The income verification service is provided at no cost for users that have been referred by a Referring Entity (government agency, financial institution, or community organization). Agencies and organizations pay for platform access under commercial contracts.

steadyiq.com
GTM typeB2B
B2B
Offering typeSoftware
Software
Brand1 of 2 records shown
1Income Passport
Description

AI-powered income verification platform that builds confidence in the verification process across the benefit ecosystem. Enables rapid decisioning for benefit eligibility determinations.

steadyiq.com
+1 more record
Core offering1 text field

SteadyIQ sells the Income Passport, an AI-powered income verification SaaS platform that enables U.S. state government human services agencies and community organizations to verify applicant income, employment, hours, and community engagement for public benefit programs (SNAP, TANF, Medicaid, Child Care, unemployment). Applicants link financial accounts, payroll providers, and gig platforms; the proprietary Data Ferret AI cleans and classifies the data into a real-time report that applicants review and consent to before submission to the agency.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 9 values shown
  • 66% reduction in days pending post-interview for government agencies
+8 more records
Product overview1 text field

SteadyIQ offers a unified platform consisting of the Income Passport (core verification product) and the Data Ferret (AI engine powering verification). Income Passport is a front-end verification tool that transforms messy, unstructured income data from multiple sources (W-2, 1099, gig, self-employment) into clean, human-readable reports in real time, enabling faster and fairer benefit eligibility determinations for government agencies.

Product and service1 record
1Income Passport
CategoryIncome verification SaaS
Description

AI-powered income verification SaaS platform for government agencies and community organizations that aggregates applicant financial data from banks, payroll providers, gig platforms, and uploaded documents into a real-time, applicant-consented income report covering W-2, 1099, gig, self-employment, and unearned income. Designed for state Departments of Social Services, Workforce Commissions, and nonprofits running financial assistance programs.

Scale indicator14 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-03-06
Description

United Way of Greater Kansas City (UWGKC) partnered with SteadyIQ in March 2026 to use the Income Passport as its primary income verification solution across financial assistance programs serving Missouri and Kansas households with low or moderate income. UWGKC Case Navigators send income verification requests through existing workflows; clients complete verifications on any device. The partnership addresses non-traditional income types (self-employment, freelance, 1099) that are frequently underserved by traditional verification methods. UWGKC helps 1 in 3 Kansas Citians access support each year through direct services and 211 resource referrals.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Pinwheel provides payroll data connectivity for income and employment verification, including for gig and 1099 workers. It is explicitly integrated into SteadyIQ's Income Passport and competes for the same downstream income-verification use cases.

TypeDirect peer
Description

Argyle provides direct-source payroll and employment data for income verification, especially for non-traditional earners. Like Pinwheel, it is integrated into SteadyIQ's stack and competes for similar government and consumer income-verification workflows.

TypeDirect peer
Description

Truework is an employment and income verification platform serving lenders, employers, and government use cases. It directly competes with SteadyIQ's Income Passport on permissioned income and employment verification for benefits and credit decisions.

TypeDirect peer
Description

Plaid provides consumer financial data connectivity (bank accounts, transactions) that SteadyIQ uses to build Income Passports. While a current integration partner, Plaid's expansion up the stack puts it in direct competition for verification products serving the same end customers.

TypeDirect peer
Description

ID.me provides identity verification and credentialing used by government agencies (including unemployment and benefits portals). It competes with SteadyIQ's identity-verification layer for the same state-agency and benefits-applicant workflows.

TypeBroad incumbent
Description

Equifax's Workforce Solutions unit operates The Work Number, the dominant U.S. employment and income data source for verifiers. It is a broad incumbent serving government agencies and is substantially larger than SteadyIQ across the same verification category.

TypeBroad incumbent
Description

Experian offers employment, income, and identity verification products and is also a SteadyIQ investor via Experian Ventures. As a broad incumbent, it competes across credit-adjacent verification use cases targeted by Income Passport.

TypeBroad incumbent
Description

HireRight is a large background-screening and employment-verification provider serving employers and government-adjacent use cases. It overlaps with SteadyIQ in identity and employment verification, but at broader scale and across different primary buyers.

TypeBroad incumbent
Description

Checkr is a leading background-screening platform with expanding income and identity verification offerings. While primarily employer-focused, it competes for adjacent government and benefits-related verification workflows.

TypeEmerging player
Description

Finch provides consumer-permissioned financial data aggregation similar to Plaid, increasingly used for income verification. It is a smaller, emerging alternative that could be integrated by SteadyIQ or compete for the same downstream use cases.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat5 records

Each record includes

Type, Details

Key risks7 records

Each record includes

Headline, Details, Source

Key highlights7 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers4 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment3 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
Yes

Docs URL, Description

Integration3 records

Each record includes

Title, Type, Description, Source

AI capability5 records

Each record includes

Type, Description, Source

AI maturity
App detail

Has app

Feature6 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles6 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

No data
No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors13 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Steady

Income Verification Software for Public Benefitssteadyiq.com

Steady firmographics

Firmographics
Name
Steady
Legal name
Steady Platform, Inc.
Website
https://steadyiq.com
Company type
Private
Founded year
2017
Operating status
Operating
Headcount range
101–250 employees
Ownership category
akta.pro rank

Steady industry classification

Industry
Product category
Income Verification Software for Public Benefits
NAICS
Investigation and Personal Background Check Services (561611), Social Assistance (624)
akta.pro primary industry
Eligibility & Benefits Verification (HLACACAD)
akta.pro secondary industries
Identity Verification & Proofing (IDV, KYC, Biometrics) (HDADAAAF), Data, Evidence & Document Verification (IDV) for KYC (FSAMAMAN), Privacy-Preserving Data (De-identification, Anonymization, PII Redaction) (HDAAALAG)

Keywords

  • Income verification software
  • Public benefits verification
  • AI verification platform
  • Employment verification services
  • Government identity verification

Where Steady is headquartered

Location

Headquarters

HQ city
Atlanta
HQ country
United States
HQ region
North America

Offices1 record

Markets served

Steady business model

Business model
GTM type
B2B
Offering type
Software
Cost components
Personnel, Technology or R&D, Marketing or Sales, Operations, Infrastructure

Revenue model

  1. B2G SaaS Subscription (Agency Licenses): Government agencies and community organizations pay for access to the Income Passport platform. The service is provided at no cost to users referred by these entities. Revenue is derived from contracts with government agencies for verification services, with demonstrated ROI of $108 million average projected savings per agency per year.
  2. Program Integrity and Efficiency Savings: Revenue derived from cost savings achieved through increased payment accuracy, workflow efficiencies, and contract savings for partner agencies. Agencies realize significant cost savings through reduced fraud, fewer processing errors, and lower administrative burden.

Pricing tiers

ModelBillingPrice
SubscriptionMulti-year contractFree for referred users; agencies pay via contract

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Steady product offering

Product offering

Core offering

SteadyIQ sells the Income Passport, an AI-powered income verification SaaS platform that enables U.S. state government human services agencies and community organizations to verify applicant income, employment, hours, and community engagement for public benefit programs (SNAP, TANF, Medicaid, Child Care, unemployment). Applicants link financial accounts, payroll providers, and gig platforms; the proprietary Data Ferret AI cleans and classifies the data into a real-time report that applicants review and consent to before submission to the agency.

Product overview

SteadyIQ offers a unified platform consisting of the Income Passport (core verification product) and the Data Ferret (AI engine powering verification). Income Passport is a front-end verification tool that transforms messy, unstructured income data from multiple sources (W-2, 1099, gig, self-employment) into clean, human-readable reports in real time, enabling faster and fairer benefit eligibility determinations for government agencies.

Differentiator

Problem solved

Functional benefit

Brands

  • Income Passport: AI-powered income verification platform that builds confidence in the verification process across the benefit ecosystem. Enables rapid decisioning for benefit eligibility determinations.
  • Data Ferret

Products and services

  • Income Passport AI-powered income verification SaaS platform for government agencies and community organizations that aggregates applicant financial data from banks, payroll providers, gig platforms, and uploaded documents into a real-time, applicant-consented income report covering W-2, 1099, gig, self-employment, and unearned income. Designed for state Departments of Social Services, Workforce Commissions, and nonprofits running financial assistance programs.

Quantifiable outcome

  • 66% reduction in days pending post-interview for government agencies
  • +8 more outcomes

Companies that use Steady

Customer profile

Named customers4 records

Segments3 records

Ideal customer profiles2 records

Steady technology and API

Technology

Technology focussed Yes

API detail

Has API
Yes
API docs
API detail

Core technology

AI maturity

App detail

Integration3 records

AI capability5 records

Feature6 records

Steady partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • United Way of Greater Kansas CitycoreStrategic or Co-development Partner · 6 March 2026United Way of Greater Kansas City (UWGKC) partnered with SteadyIQ in March 2026 to use the Income Passport as its primary income verification solution across financial assistance programs serving Missouri and Kansas households with low or moderate income. UWGKC Case Navigators send income verification requests through existing workflows; clients complete verifications on any device. The partnership addresses non-traditional income types (self-employment, freelance, 1099) that are frequently underserved by traditional verification methods. UWGKC helps 1 in 3 Kansas Citians access support each year through direct services and 211 resource referrals.

Scale indicators14 records

Recent moves6 records

Expansion highlights6 records

Steady competitors and assessment

Company assessment

Direct peers

  • Pinwheel: Pinwheel provides payroll data connectivity for income and employment verification, including for gig and 1099 workers. It is explicitly integrated into SteadyIQ's Income Passport and competes for the same downstream income-verification use cases.
  • Argyle: Argyle provides direct-source payroll and employment data for income verification, especially for non-traditional earners. Like Pinwheel, it is integrated into SteadyIQ's stack and competes for similar government and consumer income-verification workflows.
  • Truework: Truework is an employment and income verification platform serving lenders, employers, and government use cases. It directly competes with SteadyIQ's Income Passport on permissioned income and employment verification for benefits and credit decisions.
  • Plaid: Plaid provides consumer financial data connectivity (bank accounts, transactions) that SteadyIQ uses to build Income Passports. While a current integration partner, Plaid's expansion up the stack puts it in direct competition for verification products serving the same end customers.
  • ID.me: ID.me provides identity verification and credentialing used by government agencies (including unemployment and benefits portals). It competes with SteadyIQ's identity-verification layer for the same state-agency and benefits-applicant workflows.

Broad incumbents

  • Equifax Workforce Solutions (The Work Number): Equifax's Workforce Solutions unit operates The Work Number, the dominant U.S. employment and income data source for verifiers. It is a broad incumbent serving government agencies and is substantially larger than SteadyIQ across the same verification category.
  • Experian Verify: Experian offers employment, income, and identity verification products and is also a SteadyIQ investor via Experian Ventures. As a broad incumbent, it competes across credit-adjacent verification use cases targeted by Income Passport.
  • HireRight: HireRight is a large background-screening and employment-verification provider serving employers and government-adjacent use cases. It overlaps with SteadyIQ in identity and employment verification, but at broader scale and across different primary buyers.
  • Checkr: Checkr is a leading background-screening platform with expanding income and identity verification offerings. While primarily employer-focused, it competes for adjacent government and benefits-related verification workflows.

Emerging players

  • Finch: Finch provides consumer-permissioned financial data aggregation similar to Plaid, increasingly used for income verification. It is a smaller, emerging alternative that could be integrated by SteadyIQ or compete for the same downstream use cases.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

Steady social profiles

Digital presence

Steady financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Steady leadership team

Management profile

Number of profiles

Profiles6 records

Steady funding detail

Funding detail

Funding overview

Funding rounds4 records

Investors13 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Steady M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Steady

What does Steady do?

SteadyIQ sells the Income Passport, an AI-powered income verification SaaS platform that enables U.S. state government human services agencies and community organizations to verify applicant income, employment, hours, and community engagement for public benefit programs (SNAP, TANF, Medicaid, Child Care, unemployment). Applicants link financial accounts, payroll providers, and gig platforms; the proprietary Data Ferret AI cleans and classifies the data into a real-time report that applicants review and consent to before submission to the agency.

Is Steady a public or private company?

Steady is a private company. It is classified as venture growth investor backed and is currently operating.

When was Steady founded?

Steady was founded in 2017. It employs 101 to 250 people.

Where is Steady based?

Steady is headquartered in Atlanta, United States, in the North America region.

How does Steady make money?

Two revenue lines are on record. B2G SaaS Subscription (Agency Licenses) is the primary driver. The others are program Integrity and Efficiency Savings.

Who are Steady's main competitors?

Direct peers on record are Pinwheel, Argyle, Truework, Plaid and ID.me. Broad incumbents are Equifax Workforce Solutions (The Work Number), Experian Verify, HireRight and Checkr. Finch is listed as an emerging player.

Does Steady have an API?

Yes. SteadyIQ offers a RESTful API for seamless integration with existing government agency systems. The API supports secure server-to-server authentication and webhooks for real-time updates. Developers can integrate the Income Passport with agency workflows via simple JavaScript integration for the embedded widget solution. Developer documentation is at steadyiq.com/implementation.

What industry is Steady in?

Steady's product category is Income Verification Software for Public Benefits. Its primary akta.pro industry code is HLACACAD, Eligibility & Benefits Verification, with a secondary code of HDADAAAF, Identity Verification & Proofing (IDV, KYC, Biometrics). Its NAICS code is 561611.

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Live signals
Nextgov/FCWCMS quietly moved a Medicaid technology project to a federal data hub as new eligibility requirements approachThe Centers for Medicare and Medicaid Services (CMS) is consolidating the 'Eligibility Made Easy' (Emmy) API into its Federal Data Services Hub to assist states in verifying Medicaid eligibility under new work requirements mandated by the One Big Beautiful Bill Act. While CMS aims to simplify technical connections using data from the National Student Clearinghouse and the Department of Veterans Affairs, state responses are mixed; some plan to use the federal tools while others, including Pennsylvania and Missouri, are pursuing independent solutions with vendors like Deloitte and SteadyIQ due to perceived limitations.PR NewswireSteadyIQ Officially Launches AI Consulting Arm to Drive Efficiency, Modernization, and Compliance for Government AgenciesSteadyIQ announced the official launch of its AI consulting arm to help federal, state, and local agencies modernize operations, achieve compliance with new legislative requirements under the One Big Beautiful Bill Act, and reduce administrative costs and fraud in benefits programs. The company, which has spent five years serving government agencies and seven years serving benefit recipients, has deployed programs across more than 20 state and local agencies, processing over 3 billion financial transactions. SteadyIQ's Income Passport platform reportedly reduces manual review times by more than 90%, while its new AI consulting practice aims to help agencies navigate stricter Medicaid, SNAP, and TANF requirements including expanded work requirements and more frequent renewals.PR NewswireSteady Impact Selected to Lead Implementation of Pioneering Guaranteed Income Initiative for Gig Workers in Ann ArborSteady Impact announced that its platform has been selected to administer the Guaranteed Income to Grow Ann Arbor (GIG A2) pilot program, which will provide monthly payments of $528 to 100 selected participants for two years. The program, led by the University of Michigan's Poverty Solutions team, targets Ann Arbor residents who are entrepreneurs, self-employed people, small business owners, and gig workers. Steady Impact's technology will support fund distribution and help measure the initiative's impact on participants' financial health, contributing to an evidence base for guaranteed income programs.PR NewswireSteady Impact Launches to Help Governments and Community-Based Organizations Boost Economic Mobility Through Cash AssistanceFintech platform Steady announced the launch of Steady Impact as its dedicated social impact division, which already serves as a leading administrator of cash assistance programs for city governments and community-based organizations. Steady Impact has distributed $115 million to more than 700,000 individuals across U.S. cities including Atlanta, Baltimore, San Diego, and Santa Fe. The company, co-founded by Shaquille O'Neal in 2017, also partners with state governments to streamline administration of unemployment insurance, SNAP, Medicaid, and other safety net benefits for non-standard workers.PR NewswireSteady Achieves SOC 2 Type 2 CertificationSteady, a fintech company providing income verification solutions for non-standard workers, announced it has achieved SOC 2 Type 2 certification following an independent audit by Armanino LLP. The certification validates Steady's security practices for handling and storing consumer data according to AICPA standards covering security, privacy, confidentiality, availability, and processing integrity. The company serves 6 million users and partners with federal and state governments, lenders, and cities to streamline income verification and benefits distribution for the gig workforce.PR NewswireInnovative Credit Union Launches "Income Passport" to Help Gig, 1099 Workers Access CreditTelhio Credit Union announced a new initiative in partnership with fintech company Steady to help gig workers, 1099 contractors, and hourly workers access credit products by verifying their earnings history in real time. Non-standard workers now comprise approximately one-third of the U.S. labor force but often struggle to establish the income documentation required for mortgages and other credit products. The Income Passport platform, which is already used by state workforce agencies to verify income for safety net benefits, is being expanded into the lending use-case through this collaboration.PR NewswireSteady Ranks No. 86 on the 2022 Inc. 5000 Annual ListFintech platform Steady ranked No. 86 overall and No. 7 in financial services on Inc. magazine's 2022 Inc. 5000 list, the most prestigious ranking of fastest-growing private companies in America, representing growth from 2018 to 2021. Co-founded in 2018 by Adam Roseman, Michael Loeb, and Shaquille O'Neal, Steady serves over 5 million workers through its consumer app and provides analytics tools to employers and government entities via its SteadyIQ enterprise arm. The ranking recognizes the company's resilience amid economic challenges including supply chain disruptions, labor shortages, and the ongoing impact of Covid-19.PR NewswireSteadyIQ Unlocks Insights into Non-standard Workforce for Employers, Governments, Financial InstitutionsSteady, a fintech app with over five million worker users, announced the launch of SteadyIQ as its enterprise and public sector division, leveraging data from more than 1.5 billion enriched financial transactions and $140 billion in deposits to deliver analytics and workflow tools for non-standard workers.PR NewswireBanking App for Gig Workers Announces Partnership with Steady, Providing Financial Wellness Tools to Meet Unique Needsindi, a banking app designed for gig workers, announced a collaboration with Steady, an income optimization platform for independent workers, making indi part of Steady's Income Boosters program. The partnership provides Steady members access to indi's banking tools and cash rewards to help gig workers manage finances, save for taxes, and reduce financial stress. Both companies share a mission to empower gig workers and make independent work a sustainable lifestyle option.PR NewswireSteady Income Passport Enables Gig Workers to More Easily Qualify for Social ServicesSteady, an income intelligence platform serving three million hourly and 1099 workers, launched an Income Passport feature that enables gig workers to share real-time earnings data directly with government agencies to verify eligibility for safety net benefits such as TANF, SNAP, Medicaid, and Paid Family Medical Leave. The tool addresses a systemic problem where mixed-earners face complex paperwork requirements and manual verification processes that often result in under-funding, ineligibility, or increased benefits fraud risk. Steady's CEO stated the data will provide an unprecedented view into a massive segment of the American workforce while helping policymakers design more targeted and efficient social programs.