When was Daylight founded?

Daylight was founded in 2015 and raised its 1st funding round 3 years after it was founded.

Where is Daylight located?

Daylight is headquartered in Toronto, Canada.

How many employees does Daylight have?

As of Jul 01, 2024, the latest employee count at Daylight is 94.

Is Daylight a funded company?

Daylight is a funded company, having raised a total of $14.6M across 3 funding rounds to date. The company's 1st funding round was a $***** Conventional Debt round, raised on Oct 10, 2018.

When was the latest funding round of Daylight?

Daylight's latest funding was a $***** Series A round on Mar 2021, with participation from 3 investors.

Where does Daylight rank among its competitors?

Daylight ranks 149th amongst 4626 active competitors, of which 275 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was PandaDoc, which secured $5.87M in Dec, 2025.

Who are the top competitors of Daylight?

Daylight's top competitors include Automattic, Box and Kaltura. Among them, PandaDoc secured the most recent funding round in December, 2025.

Daylight - 2026 Company Profile, Funding & Competitors

Company Details

Cloud-based platform for document management. It provides a platform to organize and digitize workflows. It offers management for accounting and customer services, IT and operations, and document automation. It can be used for industries like banking, insurance, healthcare, and the government sector.

Website: daylight.io
Social
Phone Number: +1 **********

Key Metrics

Founded Year

2015

Location

Toronto, Canada

Stage

Acquired

Total Funding

$14.6M in 3 rounds

Latest Funding Round

Series A, Mar 2021, $*****

Investors

Bessemer Venture Partners & 5 more

Ranked

149^th among 4626 active competitors

Employee Count

94 as on Jul 01, 2024

Investment & Acquisitions

Proof

Similar Companies

Box & 4585 more

Exit Details

Acquired by Quadient (Sep 14, 2023)

View Daylight's full profile

Daylight got acquired by Quadient on Sep 14, 2023.

Click here to take a look at Daylight's acquisition in detail

Daylight has raised a total funding of $14.6M over 3 rounds. Its first funding round was on Oct 10, 2018. Its latest funding round was a Series A round on Mar 2021 for $*****. 3 investors participated in its latest round. Daylight has 6 institutional investors.

Here is the list of recent funding rounds of Daylight:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Mar 2021	5960713	Series A	5127232	3550577	7583530	5272912
Mar 2020	2177806	Seed	5583329	7363881	4526543	Bessemer Venture Partners & 1 more
Oct 10, 2018	6558803	Conventional Debt	1129771	4851661	3659091	Timia Capital

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View details of Daylight's funding rounds and investors

Daylight's employee count trend

Daylight has 94 employees as of Jul 24. Here is Daylight's employee count trend over the years:

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Top competitors of Daylight include Automattic, Box and Kaltura. Here is the list of Top 10 competitors of Daylight, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Automattic 2005, San Francisco (United States), Series E	Developer of open-source content management system	$896M	Tiger Global Management, Endurance International Group ... & 32 others	85/100
2nd	Box 2005, Redwood City (United States), Public	AI based platform for secure collaboration, content management, and workflow	$693M	DFJ, USVP & 38 others	80/100
3rd	Kaltura 2006, New York City (United States), Public	Provider of video solutions for webinars, events, hubs, and virtual classrooms	$145M	Goldman Sachs Investment Partners, Nexus Venture Partners ... & 16 others	78/100
4th	Digio 2016, Bengaluru (India), Series A	Provider of digital solutions for KYC, document management, and digital signatures	$23.5M	Groww, Rainmatter & 3 others	72/100
5th	Acquia 2007, Boston (United States), Acquired	Provider of a digital experience platform for content, community, and commerce	$174M	North Bridge Venture Partners, Centerview Capital ... & 19 others	72/100
6th	PandaDoc 2011, San Francisco (United States), Series C	Provider of document management and automation platform with e-signature capabilities	$61.9M	G Squared, Altos Ventures Management & 24 others	70/100
7th	Ripcord 2014, Hayward (United States), Series B	Provider of AI-powered robotic document digitization and intelligent data extraction platform	$147M	Icon Ventures, Kleiner Perkins & 23 others	69/100
8th	Instabase 2015, San Francisco (United States), Series D	Developer of an AI platform for document processing and workflow automation	$322M	Tribe Capital, Qatar Investment Authority ... & 11 others	68/100
9th	M-Files 1989, Plano (United States), Series C	Enterprise document management platform for knowledge work automation	$127M	Molten Ventures, Partech Partners & 6 others	68/100
10th	Workiva 2008, Ames (United States), Public	Cloud based compliance and reporting management platform	$56.1M	Ranger Investments	67/100
149th	Daylight 2015, Toronto (Canada), Acquired	Cloud-based platform for document management	$14.6M	Golden Ventures, Timia Capital & 4 others	45/100