dailypay.comFinTech / PaymentsFounded: 2015Funding to Date: $920.5MM
DailyPay is an on-demand pay platform that enables employees to acccess their pay as they earn it. Using DailyPay, employees can track their earnings, plan to save, and access financial wellness information. DailyPay was founded in 2015 by Robert Law and Jason Lee and is headquartered in New York, NY.
Funding Date | Share Class | Amount Raised | Price per Share | Post-Money Valuation | Key Investors | |
---|---|---|---|---|---|---|
01/18/2024 | Series D-1 | $75.5MM | $xx.xx | $1.75B | Carrick Capital Partners | |
Price per Share
$xx.xx
Shares Outstanding
2,202,509
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Carrick Capital Partners
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05/18/2021 | Series D | $175MM | $xx.xx | $1.16B | Carrick Capital Partners | |
Price per Share
$xx.xx
Shares Outstanding
6,785,100
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Carrick Capital Partners
|
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12/31/2019 | Series C | $55.5MM | $xx.xx | $562.27MM | Fin Venture Capital | |
Price per Share
$xx.xx
Shares Outstanding
3,242,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Fin Venture Capital
|
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06/29/2018 | Series B-1 | $7.36MM | $xx.xx | $161.2MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
2,780,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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06/29/2018 | Series B-2 | $2.03MM | $xx.xx | $161.2MM | Undisclosed Investors | |
Price per Share
$xx.xx
Shares Outstanding
380,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Undisclosed Investors
|
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02/15/2018 | Series B | $9.09MM | $xx.xx | $38.64MM | Draper Frontier, Inspiration Ventures, Rpm Ventures | |
Price per Share
$xx.xx
Shares Outstanding
5,860,000
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Draper Frontier, Inspiration Ventures, Rpm Ventures
|
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09/06/2016 | Series A | $5MM | $xx.xx | $23.2MM | Draper Frontier, Inspiration Ventures, Rpm Ventures | |
Price per Share
$xx.xx
Shares Outstanding
4,896,140
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Draper Frontier, Inspiration Ventures, Rpm Ventures
|
||||||
09/06/2016 | Series A-1 | $1.02MM | $xx.xx | $23.2MM | Draper Frontier, Inspiration Ventures, Rpm Ventures | |
Price per Share
$xx.xx
Shares Outstanding
1,000,000
Liquidation Pref Order
3
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Draper Frontier, Inspiration Ventures, Rpm Ventures
|
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10/31/2015 | Series Seed | $1.5MM | $xx.xx | $7.5MM | Meyer Ventures | |
Price per Share
$xx.xx
Shares Outstanding
3,191,480
Liquidation Pref Order
2
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Meyer Ventures
|