DailyPay Overview
- Founded
-
2015

- Status
-
Private
- Employees
-
722

- Latest Deal Type
-
Debt
- Latest Deal Amount
-
$300M
- Investors
-
28
DailyPay General Information
Description
Provider of on-demand cash services intended to reduce employee turnover by improving the financial condition of employees. The company's services are offered through an add-in application and help to deliver cash to clients' bank accounts in a controlled manner for daily necessities, enabling employees to get access to earned wages before the scheduled payday, pay their bills on time, and ultimately achieve financial security at their place of employment.
Contact Information
Website
www.dailypay.com
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Financial Software
Other Industries
Application Software
Primary Office
- 55 Broad Street
- 29th Floor
- New York, NY 10004
- United States
+1 (866) 000-0000
DailyPay Timeline
DailyPay Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
11. Debt - General | 17-Mar-2022 | $300M | 00000 | Completed | Generating Revenue | |
10. Secondary Transaction - Private | 00000 | Completed | Generating Revenue | |||
9. Later Stage VC (Series D) | 18-May-2021 | 00000 | 00000 | 00.000 | Completed | Generating Revenue |
8. Debt - General | 30-Sep-2020 | 0000 | 00000 | Completed | Generating Revenue | |
7. Later Stage VC (Series C) | 06-Sep-2019 | 0000 | 000.00 | 00000 | Completed | Generating Revenue |
6. Early Stage VC (Series B2) | 04-Mar-2019 | 000 | 000.00 | 00000 | Completed | Generating Revenue |
5. Early Stage VC (Series B1) | 29-Jun-2018 | 00.00 | 000.00 | 000.00 | Completed | Generating Revenue |
4. Early Stage VC (Series B) | 15-Feb-2018 | 000 | 000.00 | 0000 | Completed | Generating Revenue |
3. Angel (individual) | 06-Jun-2017 | $1M | $7.51M | 0000 | Completed | Generating Revenue |
2. Early Stage VC (Series A) | 10-Aug-2016 | $5M | $6.51M | 000.00 | Completed | Generating Revenue |
DailyPay Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate ($) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D | 0,000,000 | 00.000000 | 00.00 | 000.00 | 000.00 | 00 | 000.00 | 00.000 |
Series C | 0,000,000 | 00.000000 | 00.00 | 000.00 | 000.00 | 00 | 000.00 | 0.000 |
Series B2 | 000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00.00 | 0.000 | |
Series B-1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.00 |
Series B | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 00.000 |
Series A1 | 0,000,000 | 00.000000 | 00.00 | 00.00 | 00.00 | 00 | 00.00 | 0.00 |
Series A | 4,896,140 | $0.000010 | $0.08 | $1.02 | $1.02 | 1x | $1.02 | 10.75% |
Seed | 3,191,480 | $0.000010 | $0.04 | $0.47 | $0.47 | 1x | $0.47 | 7.01% |
DailyPay Comparisons
Description
Primary
Industry
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Provider of on-demand cash services intended to reduce employee turnover by improving the financial condition of employe
Financial Software
New York, NY
722
As of 2022
00000
000000000
00000
DailyPay Competitors (23)
Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
---|---|---|---|---|---|---|
Wagestream | Venture Capital-Backed | London, United Kingdom | 000 | 00000 | 00000000000 | 00000 |
00000000 | Venture Capital-Backed | Dubai, United Arab Emirates | 00 | 00000 | 00000000000 | 00000 |
00000000 | Venture Capital-Backed | Mountainside, NJ | 00 | 0000 | 0000000000 0 | |
0000000 000000000 | Venture Capital-Backed | Atlanta, GA | 00 | 000.00 | 00000000000 | 000.00 |
00000000 | Venture Capital-Backed | San Jose, CA | 000 | 00000 | 00000000000 | 00000 |
DailyPay Patents
DailyPay Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
US-20140229270-A1 | System and method for selling a product through an adaptable purchase interface | Granted | 26-Apr-2012 | 00000000000 | 00 |
US-9436961-B2 | System and method for selling a product through an adaptable purchase interface | Active | 26-Apr-2012 | 00000000000 | 0 |
US-9311669-B2 | System and method for selling a product through an adaptable purchase interface | Active - Reinstated | 26-Apr-2012 | 00000000000 | 0 |
US-20130290149-A1 | System and method for selling a product through an adaptable purchase interface | Granted | 26-Apr-2012 | G06Q30/0641 | 00 |
DailyPay Executive Team (18)
DailyPay Board Members (9)
Name | Representing | Role | Since |
---|---|---|---|
Adam Boyden | RPM Ventures | Board Member | 000 0000 |
Andy Sessions | Intercept Ventures | Board Member | 000 0000 |
David Cremin | Frontier Venture Capital | Board Member | 000 0000 |
Donna Hamlin | DailyPay | Board Member | 000 0000 |
Gady Nemirovsky | Inspiration Ventures | Board Member | 000 0000 |
DailyPay Signals
DailyPay Investors (28)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds | Contact Info |
---|---|---|---|---|---|
Carrick Capital Partners | Growth/Expansion | Minority | 000 0000 | 000000 0 | |
Gaingels | Venture Capital | Minority | 000 0000 | 000000 0 | |
Larnabel Ventures | Venture Capital | Minority | 000 0000 | 000000 0 | |
Second Alpha Partners | Secondary Buyer | Majority | 000 0000 | 000000 0 | |
Ajay Kapur | Angel (individual) | Minority | 000 0000 | 000000 0 |