DailyPay IPO

DailyPay was founded in 2015 by by Jason Lee and Robert Law. Following a $175 million round of Series D funding, CEO Lee discussed potential plans to take the company public, saying “like all high-growth tech companies, we are considering strategic alternatives, one of which could be an IPO." These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

DailyPay helps organizations grant their employees early access to their paychecks, a service that is particularly important in low-wage and gig-based workplaces where employees are more likely to be living paycheck to paycheck. More than 300 companies use the service, including Burger King, DollarTree, Kroger, Berkshire Hathaway, Uber, and DoorDash.The recent round of Series D funding led by Carrick Capital Partners brought the company's total funding to more than $500 million. Other investors include RPM Ventures, Sand Hill Angels, and Fin Venture Capital. The funding round raised the company's post-money valuation to more than $1 billion.

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Learn more about DailyPay

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What is DailyPay's IPO price?

The IPO price for DailyPay will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in DailyPay?

DailyPay is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Can you sell DailyPay shares pre-IPO?

If you own DailyPay pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.

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Is DailyPay a publicly traded company?

DailyPay is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

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What is DailyPay's funding to date?

DailyPay has raised $332MM to date.
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When was DailyPay founded?

DailyPay was founded in 2015.

Who are DailyPay's major investors?

Gaingels
OurCrowd
Anthem Venture Partners
Wavemaker Partners
Evolution VC Partners
MicroVentures

DailyPay funding rounds and last known valuation

Date Funding Round Funding Raised Price per Share Last Known Valuation
1/18/2024

Series D-1

$75.5MM raised $XXX.XX $XXX.XX
5/18/2021

Series D

$175MM raised $XXX.XX $XXX.XX
12/31/2019

Series C

$55.5MM raised $XXX.XX $XXX.XX
6/29/2018

Series B-1 and B-2

$9.39MM raised $XXX.XX $XXX.XX
2/15/2018

Series B

$9.09MM raised $XXX.XX $XXX.XX
9/6/2016

Series A and A-1

$6.02MM raised $XXX.XX $XXX.XX
10/31/2015

Series Seed

$1.5MM raised $XXX.XX $XXX.XX
Based on primary financings
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Updated on: Jun 16, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.