# DailyPay funding: rounds and investors

> DailyPay has raised $209M across 3 rounds since 2016. Investors include Citibank, B Capital and Barclays Ventures. Every round with its source.

Source: https://millionrounds.com/company/dailypay (Millionrounds; every figure on the page links to its filing or article)

United States · [Funded startup](https://millionrounds.com/companies)

# Who invested in *DailyPay*

3 rounds we have observed, with the 9 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Fintech HR Tech

Raised 10 months ago Valuation: $1.7B, Mar 2026

Funding summary Updated 26 Oct 2026

**$209M** raised across 3 rounds since 2016, from 3 sources

**$5.0M** Series A **$9.0M** Series B **$195M** Debt

- **Latest round:** Debt, $195M Jan 2026
- **Step-up i:** 21.7×
- **Investors:** 9

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2018 2020 2022 2024 2026

**$5.0M** Series A

**$9.0M** Series B

**$195M** Debt

- **First round:** Series A, $5.0M
- **Biggest round:** $195M
- **Usual gap between rounds:** 7.9 years

## The rounds

- **Jan 2026** Debt **$195M** *5 new* [Citibank](https://millionrounds.com/fund/citi) [B Capital](https://millionrounds.com/fund/b-capital) [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) [Fin Capital](https://millionrounds.com/fund/fin-capital) [Barclays Corporate Banking](https://millionrounds.com/fund/barclays-corporate-banking) Source recorded
- **Feb 2018** Series B **$9.0M** *3 new* [Draper Frontier](https://millionrounds.com/fund/draper-frontier) Inspiration Intercept Ventures/ RPM Reported by FinSMEs
- **Sept 2016** Series A **$5.0M** *1 new* [RPM Ventures](https://millionrounds.com/fund/rpm-ventures) Reported by FinSMEs

## Founders and team

From DailyPay's own website: 9 on the team.

- **Nelson Chai** Chief Executive Officer
- **Andrew Brandman** Chief Operating Officer
- **Caitlin Allen** Chief Brand and Communications Officer
- **David Dyar** Chief Technology Officer
- **Deepa Subramanian** Chief Financial Officer
- **Jared DeMatteis** Chief Legal & Strategy Officer
- **Jon Lowe** Chief People Officer
- **Poulomi Damany** Chief Product Officer
- **Amanda Hayes Fagan** VP, Business Operations

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2016 **Series B** 2018 **Debt** 2026 [Citibank](https://millionrounds.com/fund/citi) [B Capital](https://millionrounds.com/fund/b-capital) [Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) [Fin Capital](https://millionrounds.com/fund/fin-capital) [RPM Ventures](https://millionrounds.com/fund/rpm-ventures) [Barclays Corporate Banking](https://millionrounds.com/fund/barclays-corporate-banking) [Draper Frontier](https://millionrounds.com/fund/draper-frontier) Inspiration Intercept Ventures/ RPM

## Everyone who backed them

[Citibank](https://millionrounds.com/fund/citi) Growth equity **1** round

[B Capital](https://millionrounds.com/fund/b-capital) VC firm **1** round

[Barclays Ventures](https://millionrounds.com/fund/barclays-ventures) Corporate VC **1** round

[Fin Capital](https://millionrounds.com/fund/fin-capital) Private equity **1** round

[RPM Ventures](https://millionrounds.com/fund/rpm-ventures) VC firm **1** round

[Barclays Corporate Banking](https://millionrounds.com/fund/barclays-corporate-banking) Investment firm **1** round

[Draper Frontier](https://millionrounds.com/fund/draper-frontier) VC firm **1** round

Inspiration no record of our own yet **1** round

Intercept Ventures/ RPM no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=dailypay).

## Also claim to have backed them

These 14 firms list DailyPay as a portfolio company on their own websites, but no report of a round names them. They are the firms' own claims, kept apart from the rounds above.

[Infinity Capital, LLC](https://millionrounds.com/fund/infinity-capital-llc) VC firm Per its own site

[Sidekick Partners](https://millionrounds.com/fund/sidekick-partners) VC firm Per its own site

[Access Technology Ventures](https://millionrounds.com/fund/access-technology-ventures) VC firm Per its own site

[Frontier Venture Capital](https://millionrounds.com/fund/frontier-venture-capital) VC firm Per its own site

[1/1 Capital](https://millionrounds.com/fund/1-1-capital) Family office Per its own site

[Conduit](https://millionrounds.com/fund/conduit) Accelerator Per its own site

[Food Retail Ventures](https://millionrounds.com/fund/food-retail-ventures) VC firm Per its own site

[Impulse International for Telecommunications](https://millionrounds.com/fund/impulse-international-for-telecommunications) VC firm Per its own site

[Intercept Ventures](https://millionrounds.com/fund/intercept-ventures) VC firm Per its own site

[RM Venture Partners](https://millionrounds.com/fund/rm-venture-partners) VC firm Per its own site

[Section Partners](https://millionrounds.com/fund/section-partners) Private equity Per its own site

[Sweetwater Private Equity](https://millionrounds.com/fund/sweetwater-private-equity) Private equity Per its own site

[VCFA Group](https://millionrounds.com/fund/vcfa-group) Private equity Per its own site

[Zenith Capital](https://millionrounds.com/fund/zenith-capital) VC firm Per its own site

## Quick answers about DailyPay

### Who invested in DailyPay?

DailyPay's investors include Citibank, B Capital, Barclays Ventures, Fin Capital and RPM Ventures, and 4 more on record.

### How much has DailyPay raised?

DailyPay has raised $209M across 3 rounds since 2016.

### When did DailyPay last raise?

DailyPay's most recent round was a Debt of $195M in Jan 2026.

### What was DailyPay's biggest round?

Its most recent round, $195M in Jan 2026, is also its largest on record.

### Who backed DailyPay first?

DailyPay's first round on record, in Sept 2016, was backed by RPM Ventures.

### What stage is DailyPay at?

DailyPay's latest named round is a Debt, in Jan 2026.

### Where is DailyPay based?

DailyPay is based in the United States.

## Companies like DailyPay

In the same sector, and raised in the last eighteen months.

[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**Whop** $400M · Oct 2026](https://millionrounds.com/company/whop)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)[**MURAL** $67M · Oct 2026](https://millionrounds.com/company/mural)

## Find investors like these

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