DailyPay Overview

  • Founded
  • 2015

Founded
  • Status
  • Private

  • Employees
  • 722

Employees
  • 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

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

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth

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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
To view DailyPay’s complete valuation and funding history, request access »

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%
To view DailyPay’s complete cap table history, request access »

DailyPay Comparisons

Description
Primary
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
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000000000 00000000
London, United Kingdom
000 As of 0000
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00000000000 00000

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000000000 00000000
Dubai, United Arab Emirates
00 As of 0000
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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
You’re viewing 5 of 23 competitors. Get the full list »

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)

Name Title Board Seat Contact Info
Scot Parnell Chief Financial Officer
Robert Law Co-Founder, Chief Technology Officer & Board Member
Jane Levine Chief Compliance Officer
John Abel Chief Information Security Officer
Jeanniey Walden Chief Innovation and Marketing Officer
You’re viewing 5 of 18 executive team members. Get the full list »

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
You’re viewing 5 of 9 board members. Get the full list »

DailyPay Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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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
You’re viewing 5 of 28 investors. Get the full list »