Tech Company Financing Transactions
DailyPay Funding Round
On 1/18/2024, DailyPay announced $175 million in investment from Carrick Capital and Citi Ventures.
Transaction Overview
Company Name
Announced On
1/18/2024
Transaction Type
Debt
Venture Equity
Venture Equity
Amount
$175,000,000
Round
Undisclosed
Investors
Carrick Capital (Lead Investor)
Proceeds Purpose
The company intends to use the equity funding to further accelerate its continued product innovation and to drive its expansion into adjacent categories and new markets.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
55 Water Street
New York, NY 10041
USA
New York, NY 10041
USA
Phone
Undisclosed
Website
Email Address
Overview
DailyPay transforms employers into industry leaders by revolutionizing the way employees access their pay. When employees are satisfied at work, they stay longer, and companies save money by reducing turnover and streamlining operations. Elevate your company to the forefront of your industry by embracing the future with DailyPay.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Kevin Coop
Chief Financial Officer
Ken Brause
Chief Operating Officer
Stacy Greiner
Chief Technical Officer
David Dyar
VP - General Counsel
Jared DeMatteis
VP - Human Resources
Jon Lowe
VP - Sales
Jeff Moyer
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