About Daily
Daily is a company based in San Francisco (United States) founded in 2016 by Kwindla Hultman Kramer and Nina Kuruvilla. It operates as a IaaS (Infrastructure-as-a-Service), and AI-as-a-Service. Daily has raised $62.22 million across 5 funding rounds from investors including Slack, Renegade Partners and The Heritage Group. Daily offers products and services including Pipecat, Daily Infrastructure, and Pipecat Cloud. Daily operates in a competitive market with competitors including RingCentral, Fuze, Vonage, Webex and Wire, among others.
- Headquarter San Francisco, United States
- Founders Kwindla Hultman Kramer, Nina Kuruvilla
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Sectors
Technology
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Email
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$62.22 M (USD)
in 5 rounds
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Latest Funding Round
$40 M (USD), Series B
Nov 10, 2021
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Investors
Slack
& 30 more
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Employee Count
Employee Count
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Products & Services of Daily
Daily offers a comprehensive portfolio of products and services, including Pipecat, Daily Infrastructure, and Pipecat Cloud. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Open-source framework for voice and multimodal AI agents.
Global infrastructure for low-latency realtime voice and video.
Deployment of voice AI agents on global infrastructure.
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Funding Insights of Daily
Daily has successfully raised a total of $62.22M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $40 million completed in November 2021. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 5
- Last Round Series B — $40.0M
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First Round
First Round
(23 Mar 2016)
- Investors Count 31
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2021 | Amount | Series B - Daily | Valuation | Renegade Partners | |
| Mar, 2021 | Amount | Series A - Daily | Valuation | Lachy Groom | |
| May, 2020 | Amount | Series A - Daily | Valuation | Jenny Lefcourt |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Daily
Daily has secured backing from 31 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Slack, Renegade Partners and The Heritage Group. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on multiple sectors
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Founded Year | Domain | Location | |
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A family-owned business managing diverse industrial and environmental companies.
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Founded Year | Domain | Location | |
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Venture capital fund investing in early-stage tech startups
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Daily
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Daily
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Daily Comparisons
Competitors of Daily
Daily operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as RingCentral, Fuze, Vonage, Webex and Wire, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Cloud-based unified communication solutions are offered to diverse sectors.
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| domain | founded_year | HQ Location |
Fuze, under 8x8, Inc., is recognized for providing cloud-based communication and customer experience solutions.
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| domain | founded_year | HQ Location |
Provider of contact center business communication solutions
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| domain | founded_year | HQ Location |
Solutions for virtual meetings and training sessions are provided.
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| domain | founded_year | HQ Location |
Cloud-based software for unified collaboration and messaging is provided.
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| domain | founded_year | HQ Location |
Cloud-based platform for enterprise web conferencing and collaboration is offered.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Daily
Frequently Asked Questions about Daily
When was Daily founded?
Daily was founded in 2016.
Where is Daily located?
Daily is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Who is the current CEO of Daily?
Kwindla Hultman Kramer is the current CEO of Daily. They have also founded this company.
Is Daily a funded company?
Daily is a funded company, having raised a total of $62.22M across 5 funding rounds to date. The company's 1st funding round was a Series A of $4.6M, raised on Mar 23, 2016.
What does Daily do?
Realtime voice, video, and AI solutions are offered by Daily for developers worldwide. The company specializes in ultra-low-latency communication through its global WebRTC infrastructure, established since 2016. Enterprise-grade security and compliance, including end-to-end encryption and HIPAA adherence, are ensured. Pipecat, an open-source framework for conversational AI, is maintained, alongside contributions to WebRTC standards and other projects. Services are scaled via a global mesh network, supporting human-to-human calls and AI agent deployment across various devices and networks.
Who are the top competitors of Daily?
Daily's top competitors include Webex, Bandwidth and RingCentral.
What products or services does Daily offer?
Daily offers Pipecat, Daily Infrastructure, and Pipecat Cloud.
Who are Daily's investors?
Daily has 31 investors. Key investors include Slack, Renegade Partners, The Heritage Group, Cendana Capital, and Tiger Global.
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