DailyPay's mission is to give employees their first step toward financial security. DailyPay is the pioneer in providing employees real-time access to earned wages across a wide range of industries, including cleaning, healthcare, retail, transportation, and more. With DailyPay, employees can pay bills on time and avoid late fees, helping them reach their financial goals. Companies have reported that DailyPay increases employee engagement and retention and helps to support recruitment. DailyPay is backed by leading venture capital firms and world-class strategic investors.
| Date | Amount | Type | Investors | Valuation |
|---|---|---|---|---|
| 02/15/18 | $9,000,000 | Series B |
Draper Frontier Inspiration Ventures Intercept Ventures RPM Ventures | undisclosed |
| 05/18/21 | $500,000,000 |
Carrick Capital Partners | undisclosed | |
| 01/24/23 | $260,000,000 | Venture |
Angelo, Gordon & Co. Barclays Neuberger Berman SVB Capital | undisclosed |
| 01/18/24 | $175,000,000 | Venture Debt & Equity |
Carrick Capital Partners Citi | $1,750,000,000 |
