What is Daily?
Daily operates as a critical enterprise WebRTC platform, providing the foundational architecture for developers to build real-time voice, video, and AI capabilities at scale. Since its inception in 2016, the company has distinguished itself through industry-leading service level agreements (SLAs), robust analytics, and developer-friendly APIs. By abstracting the complexities of real-time media transmission, Daily enables organizations to deploy high-performance communication tools that are both reliable and secure, effectively serving as the backbone for modern digital collaboration environments.
How much funding has Daily raised?
Daily has raised a total of $59.6M across 3 funding rounds:
Other Financing Round
$4.6M
Series A
$15M
Series B
$40M
Other Financing Round (2020): $4.6M with participation from Ellen Levy, Moxxie, TenOneTen, SV Angel, Root, Slack Fund, Jenny Lefcourt, April Underwood, Haystack, Sarah Imbach, and Elizabeth Weil
Series A (2021): $15M led by Lachy Groom, Tiger Global Ltd, Freestyle Capital, Root Ventures, Slack Fund, and Y Combinator
Series B (2021): $40M supported by Renegade Partners
Key Investors in Daily
SV Angel
SV Angel is a long-term investment firm dedicated to supporting founders in creating impactful businesses by providing essential resources, strategic insights, and a vast network.
Slack Fund
Slack Technologies is a software company that develops a cloud-based team collaboration platform, offering tools for communication, file sharing, and workflow integration.
Renegade Partners
Renegade Partners is a venture capital firm that focuses on backing visionary founders at the early stage, providing capital and hands-on partnership to help startups grow into enduring companies.
What's next for Daily?
With the backing of major strategic investment, Daily is poised to accelerate its product roadmap and expand its market reach. The company's focus on enterprise-level scalability suggests a strategic pivot toward deeper AI-driven features and enhanced workflow integrations. As the demand for seamless, real-time digital interaction continues to grow across global sectors, Daily is well-positioned to leverage its current capital to maintain its competitive edge, attract top-tier engineering talent, and continue its mission of simplifying complex communication infrastructure for the modern enterprise.
See full Daily company page
