Daylight - About the company
Daylight is a series A company based in West Hollywood (United States), founded in 2020 by Paul Barnes-Hoggett and Rob Curtis. It operates as a Provider of the digital bank for the LGBT community. Daylight has raised $20M in funding from investors like Kapor Capital, Anthemis Group and Precursor Ventures. The company has 1627 active competitors, including 149 funded and 97 that have exited. Its top competitors include companies like Nubank, Chime and Dave.
Company Details
Provider of the digital bank for the LGBT community. It offers services such as savings accounts, prepaid cards for online/offline purchases, money transfers, cash withdrawals, bill payments, and more. It also provides tools for goals-based savings and expense management and more.
- Website
- joindaylight.com
- Social
- Email ID
- *****@joindaylight.com, *****@joindaylight.com
Key Metrics
Founded Year
2020
Location
West Hollywood, United States
Stage
Series A
Total Funding
$20M in 2 rounds
Latest Funding Round
Investors
Ranked
184th among 1627 active competitors
Employee Count
16 as on Sep 30, 2026
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Daylight's funding and investors
Daylight has raised a total funding of $20M over 2 rounds. Its first funding round was on Jun 30, 2021. Its latest funding round was a Series A round on Nov 18, 2022 for $*****. 11 investors participated in its latest round. Daylight has 17 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 |
|---|---|---|---|---|---|---|
Nov 18, 2022 | 9697598 | Series A | 9131474 | 1621431 | 7401909 | 8426109 |
Jun 30, 2021 | 2828787 | Seed | 9317210 | 8013399 |
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Daylight's founders and board of directors
Founder? Claim ProfileThe founders of Daylight are Paul Barnes-Hoggett and Rob Curtis.
Here are the details of Daylight's key team members:
- Paul Barnes-Hoggett: Co-Founder & CTO of Daylight and founder of 1 other company.
- Rob Curtis: Co-Founder of Daylight.
View details of Daylight's Founder profiles and Board Members
Daylight's employee count trend
Daylight has 16 employees as of Sep 26. Here is Daylight's employee count trend over the years:
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Daylight's Competitors and alternates
Top competitors of Daylight include Nubank, Chime and Dave. Here is the list of Top 10 competitors of Daylight, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Provider of digital banking services, including credit cards and accounts | $2.27B | 90/100 | ||
2nd |  Chime 2012, San Francisco (United States), Public | Digital bank for individuals | $3.15B | 83/100 | |
3rd | Dave 2016, Los Angeles (United States), Public | Developer of a mobile banking application offering financial management tools | $63.6M | 82/100 | |
4th |  Monzo 2015, United Kingdom, Series I | Provider of digital banking services including accounts savings and credit | $2.37B | 82/100 | |
5th |  Atom bank 2014, Blyth (United Kingdom), Series F | Provider of digital savings accounts mortgages and commercial business loans | $852M | 80/100 | |
6th | Provider of mobile banking services, including savings, investment, and crypto | $1.72B | 79/100 | ||
7th | Starling Bank 2014, London (United Kingdom), Series D | Provider of digital banking services including personal and business accounts | $1.01B | 79/100 | |
8th | Green Dot 1999, Pasadena (United States), Acquired | Provider of mobile banking services, debit cards, and related financial products | $109M | 79/100 | |
9th | Revolut 2015, London (United Kingdom), Series E | Provider of banking solutions for retail customers and businesses | $1.99B | 79/100 | |
10th | Digital banking platform offering personal and business accounts, cards, savings, investing, and budgeting tools | $649M | 78/100 | ||
184th |  Daylight 2020, West Hollywood (United States), Series A | Provider of the digital bank for the LGBT community | $20M | 45/100 |
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Daylight's Investments and acquisitions
Daylight has made no investments or acquisitions yet.
Reports related to Daylight
Here is the latest report on Daylight's sector:
News related to Daylight
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Daylight, the LGBTQ+ neobank, raises cash to launch subscription plan for family planningTechCrunch+•Nov 18, 2022•Daylight, Anthemis Group, CMFG Ventures, Kapor Capital and 8 others
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LGBTQ+ digital bank Daylight raises $15mFinextra•Nov 18, 2022•Daylight, Anthemis Group, CMFG Ventures, Kapor Capital and 2 others
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Citi Impact Fund adds seven new investmentsImpactAlpha•Sep 22, 2021•Citi, Daylight, Jetty, RTS and 1 other
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LGBTQ+ digital bank Daylight raises $5mSilicon Republic•Jul 01, 2021•Daylight, Clocktower Ventures, Kapor Capital, Citi and 3 others
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Daylight launches first LGBT+ digital banking platform in the United StatesFF News | Fintech Finance•Dec 01, 2020•Daylight
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FAQs about Daylight
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