About DailyCred
DailyCred is a company based in San Francisco (United States) founded in 2011.. DailyCred has raised $120 thousand across 2 funding rounds from investors including Jump Ventures, Google Ventures and Yahoo. DailyCred offers products and services including Authentication Service. DailyCred operates in a competitive market with competitors including WISeKey, Mypinpad, Thor Technologies, QSecure and Finsphere, among others.
- Headquarter San Francisco, United States
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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
*********
- Legal Name Shopobot Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$120 K (USD)
in 2 rounds
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Latest Funding Round
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Investors
Jump Ventures
& 3 more
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Employee Count
Employee Count
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Products & Services of DailyCred
DailyCred offers a comprehensive portfolio of products and services, including Authentication Service. 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.
Provided secure authentication via public APIs for business clients.
Funding Insights of DailyCred
DailyCred has successfully raised a total of $120K across 2 strategic funding rounds. 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 2
- Last Round Last Round
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First Round
First Round
(29 Mar 2011)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2011 | Amount | Seed - DailyCred | Valuation |
investors |
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| Mar, 2011 | Amount | Seed - DailyCred | Valuation | AngelPad |
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| 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 DailyCred
DailyCred has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Jump Ventures, Google Ventures and Yahoo. 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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Corporate backed venture capital fund investing in multiple sectors
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Founded Year | Domain | Location | |
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Startups are accelerated across sectors without focus on specific industries.
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Founded Year | Domain | Location | |
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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 DailyCred
| 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 - DailyCred
| 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 |
Dailycred Comparisons
Competitors of DailyCred
DailyCred 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 WISeKey, Mypinpad, Thor Technologies, QSecure and Finsphere, 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 |
Secure digital identity solutions are provided for IoT and blockchain.
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| domain | founded_year | HQ Location |
Payment security solutions via PIN authentication
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| domain | founded_year | HQ Location |
Identity management solutions are provided for enterprises.
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| domain | founded_year | HQ Location |
Electronic powered cards generate unique numbers for secure transactions.
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| domain | founded_year | HQ Location |
Provides mobile device data analytics for financial transaction authentication.
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| domain | founded_year | HQ Location |
Technology solutions for IAM implementation are provided by Bridgestream.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about DailyCred
When was DailyCred founded?
DailyCred was founded in 2011.
Where is DailyCred located?
DailyCred is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Is DailyCred a funded company?
DailyCred is a funded company, having raised a total of $120K across 2 funding rounds to date. The company's 1st funding round was a Seed of $120K, raised on Mar 29, 2011.
What does DailyCred do?
Authentication based login and authentication backend as service. DailyCred (formerly Shopobot) provides authentication back end as a service for identifying and authenticating users of a websie or app. Delivers server side OAuth implementation and option to add social login and authentication via API integration. Backend service is hosted on AWS and DynamoDB. Pricing starts at 19 dollar per month for 1k authenticating user and first 1k monthly unique users are free. Graduatd at AngelPad accelerator program. Started as a price-tracking service, Shopobot which crawled product and price data around the web for assisting shoppers to decide where to get the best deals on consumer electronics goods.
Who are the top competitors of DailyCred?
What products or services does DailyCred offer?
DailyCred offers Authentication Service.
Who are DailyCred's investors?
DailyCred has 4 investors. Key investors include Jump Ventures, Google Ventures, Yahoo, and AngelPad.