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Company Market Research Report

Company Overview

Name

SteadyIQ

Mission of the Company

SteadyIQ's mission is to enhance income verification processes, particularly for 1099, gig, and self-employed workers, by streamlining benefit applications, reducing administrative burden, and preventing fraud.

Founded

SteadyIQ was founded in 2017.

Founders

No information is available.

Key People

1. Adrian Haro - CEO, The Workers Lab
2. Melissa Wolfe - Deputy Director, Family Support Division of Missouri
3. Richard Pierce - Chief Project Management Office, Louisiana Workforce Commission
4. Secretary Fitzgerald Washington - Secretary of Alabama Department of Labor, Board of Directors, National Association of State Workforce Agencies
5. Derrick Bailey - President of Telhio Credit Union
6. Angela Vogel - Union Leader, Philadelphia’s Drivers Union

Headquarters

SteadyIQ is headquartered in:

Everywhere, US

Los Angeles, CA

New York, NY

San Francisco, CA

Number of Employees

51-200 employees

Revenue

No information is available.

What is the Company Known For

SteadyIQ is known for its innovative income verification platform, Income Passport, which facilitates seamless income verification for self-employed and gig workers.

Products

Income Passport

High-Level Description

The Income Passport is a user-permissioned income verification solution designed to make submitting proof of earnings accessible and efficient. It covers all types of income, including 1099 and self-employment.

Key Features

Aggregates financial account data.

Connects to digital wallets and gig platforms.

Real-time analysis to generate standardized income reports.

Streamlines benefits administration.

Reduces fraud.

Expands access to credit.

Increases equity in financial access.

Data Ferret

No information is available regarding the detailed description and key features for Data Ferret.

Recent Developments

New Products Launched

Income Passport: SteadyIQ continues to innovate with an emphasis on improving income verification processes and supporting a dynamic market of gig and self-employed workers.

New Features Added

Enhanced real-time analysis capabilities for the Income Passport.

Added seamless integration with platforms like Uber and DoorDash to verify income from gig work.

Expanded functionalities to better quantify earnings and submit standardized income reports.

New Partnerships

Starlight: Partnership to bring access to government benefits to gig workers.

State Agencies: SteadyIQ recently partnered with three new state agencies to support programs like Medicaid, SNAP, TANF, and DUA.

Telhio Credit Union: For deeper integration of Income Passport to help 1099 workers access credit.

Notable Statements by Key People

Adrian Haro (The Workers Lab): Highlighted the alignment of SteadyIQ’s mission with modernizing benefits eligibility processes.

Melissa Wolfe (Family Support Division of Missouri): Commended SteadyIQ’s technological innovation and reduction in administrative burdens.

Secretary Fitzgerald Washington (Alabama Dept. of Labor): Praised the potential of SteadyIQ's services in adapting to the evolving job market needs.

Derrick Bailey (Telhio Credit Union): Emphasized the extension of credit access through improved income verification.

Angela Vogel (Philadelphia’s Drivers Union): Appreciated SteadyIQ’s inclusive development process involving workers’ insights.

Summary

SteadyIQ is positioned at the forefront of revolutionizing income verification processes, particularly for non-standard workers. With its flagship product, Income Passport, it has established key partnerships and gained significant endorsements for its contributions to both public and private sector efficiencies. The company’s continuous innovation and expansion into new state partnerships underscore its commitment to meeting the evolving needs of the modern workforce.