About DAIS
DAIS is a company based in Chicago (United States) founded in 2003 by Milos Dedovic and Aaron Larson was acquired by Origami Risk in September 2023.. DAIS has raised $14 million across 2 funding rounds from investors including Origami Risk. The company has 22 employees as of December 31, 2022. DAIS offers products and services including Dais Builder, Dais Copilot, and Dais Portal. DAIS operates in a competitive market with competitors including Wefox, Keystone Agency Partners, Agentero, Zywave and Stubben Edge, among others.
- Headquarter Chicago, United States
- Employees 22 as on 31 Dec, 2022
- Founders Milos Dedovic, Aaron Larson
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Dais Technology 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
$14 M (USD)
in 2 rounds
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Latest Funding Round
$9 M (USD), Series A
Aug 09, 2018
- Investors
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Employee Count
22
as on Dec 31, 2022
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Acquired by
Origami Risk
(Sep 14, 2023)
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Products & Services of DAIS
DAIS offers a comprehensive portfolio of products and services, including Dais Builder, Dais Copilot, and Dais Portal. 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.
No-code platform for setting up digital insurance products quickly
Tool for agents to handle quoting and underwriting efficiently
Portal for policyholders to get quotes and bind policies easily
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Funding Insights of DAIS
DAIS has successfully raised a total of $14M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $9 million completed in August 2018. 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 Series A — $9.0M
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First Round
First Round
(17 Nov 2016)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Aug, 2018 | Amount | Series A - DAIS | Valuation |
investors |
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| Nov, 2016 | Amount | Series A - DAIS | Valuation |
investors |
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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 DAIS
DAIS has secured backing from 1 investor. Prominent investors backing the company include Origami Risk. 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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Cloud-based solutions for insurance risk and claims management are offered.
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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 DAIS
| 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 - DAIS
| 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 |
Dais Comparisons
Competitors of DAIS
DAIS 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 Wefox, Keystone Agency Partners, Agentero, Zywave and Stubben Edge, 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 |
App-based P&C insurance comparison platform for individuals
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| domain | founded_year | HQ Location |
Insurance agency management solutions are provided to the industry.
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| domain | founded_year | HQ Location |
App-based management solutions for insurance agents are offered.
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| domain | founded_year | HQ Location |
Cloud-based agency management solutions are provided for the insurance industry.
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| domain | founded_year | HQ Location |
Cloud-based management solutions are provided for insurance brokers.
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| domain | founded_year | HQ Location |
SME insurance portfolios are managed via an online broker platform.
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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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Latest news on Dais
Frequently Asked Questions about DAIS
When was DAIS founded?
DAIS was founded in 2003 and raised its 1st funding round 13 years after it was founded.
Where is DAIS located?
DAIS is headquartered in Chicago, United States. It is registered at Chicago, Illinois, United States.
Is DAIS a funded company?
DAIS is a funded company, having raised a total of $14M across 2 funding rounds to date. The company's 1st funding round was a Series A of $5M, raised on Nov 17, 2016.
How many employees does DAIS have?
As of Dec 31, 2022, the latest employee count at DAIS is 22.
What does DAIS do?
DAIS was established in 2003 in Chicago, United States, within the insurance technology sector. Policy management solutions are delivered to insurance distributors, encompassing underwriting processes, actuarial analysis, data handling, and customer relationship management. Additional tools for data collection and sales support are included in the offerings. Operations center on streamlining distributor workflows in the insurance industry.
Who are the top competitors of DAIS?
DAIS's top competitors include Wefox, Stubben Edge and Agentero.
What products or services does DAIS offer?
DAIS offers Dais Builder, Dais Copilot, and Dais Portal.
Who are DAIS's investors?
DAIS has 1 investor. Key investors include Origami Risk.