Dayforward

New York, United States Founded: 2020 • Age: 6 yrs
Life insurance is provided to guarantee income protection.
Annual revenue - Latest available
Total funding $45.0M 2 rounds
Employees - Tracked headcount
Investors 5 Known backers
Products 1 Services tracked
Competitors 9 Brand Intelligence

About Dayforward

Dayforward is a company based in New York (United States) founded in 2020 by Mallika Khandelwal. It operates as a InsurTech. Dayforward has raised $45 million across 2 funding rounds from investors including Munich Re, AXA Venture Partners and Juxtapose. Dayforward has completed 2 acquisitions, including Commercial Travelers Mutual Insurance and studentplanscenter.com. Dayforward offers products and services including Life Insurance. Dayforward operates in a competitive market with competitors including Ethos, Bestow, Ladder, Fabric and Avibra, among others.

  • Headquarter New York, United States
  • Founders Mallika Khandelwal
  • Sectors
    Financial Services
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Dayforward Inc
Operational Areas
Financial Services → FinTech & Digital Finance Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $45 M (USD)

    in 2 rounds

  • Latest Funding Round
    $25 M (USD), Series B

    Jan 23, 2023

  • Investors
    Munich Re

    & 4 more

  • Employee Count
    Not available
  • Investments & Acquisitions
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Products & Services of Dayforward

Dayforward offers a comprehensive portfolio of products and services, including Life Insurance.

Product name locked
Category locked
Primary

Life insurance is offered to guarantee income protection.

People of Dayforward

Headcount 10-50
Employee Profiles 8
Employee Profiles
People
Beth Jalbert ACS, AIAA, AIRC, ALMI
Director of Compliance
People
Zarina Mendoza
Director Of Customer Experience
People
Aaron Shapiro
Chief Executive Officer
People
Austin Riendeau
VP Of Engineering

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Funding Insights of Dayforward

Dayforward has successfully raised a total of $45M across 2 strategic funding rounds. The most recent funding activity was a Series B round of $25 million completed in January 2023. 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.

Investors in Dayforward

Dayforward has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Munich Re, AXA Venture Partners and Juxtapose.

All
Venture Fund
Institutional
Investor Description Founded Year Domain Location
Technology businesses are invested in and developed by Juxtapose.
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Seed and early-stage investments are focused on French tech firms.
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Early-stage tech startups in regulated markets are funded by TVP.
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Investor details for Dayforward

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Dayforward

Dayforward has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Commercial Travelers Mutual Insurance and studentplanscenter.com.

Investments
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Investment portfolio details for Dayforward

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  • Portfolio identities
  • Transaction dates
  • Round details
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Acquisitions
Company Name Description Domain Location Founded Year Amount
Student accident insurance solutions are provided online.
Locked Locked 2001 Locked
Healthcare and insurance services are provided to policyholders.
Locked Locked 1997 Locked
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Complete acquisition details for Dayforward

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  • Transaction dates
  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Dayforward

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Detailed financials for Dayforward

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  • Profit trends
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Dayforward Comparisons

Dayforward Primary company
Description
Life insurance is provided to guarantee income protection.
Location
New York, United States
Founded Year
2020
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Dayforward

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

  • Named peers
  • Headcount comparison
  • Funding comparison
  • Operating benchmarks

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Competitors of Dayforward

Dayforward 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 Ethos, Bestow, Ladder, Fabric and Avibra, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Online life insurance platform is operated for individual coverage needs.
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Online life insurance coverage is delivered via a digital platform.
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Personalized fitness training plans are provided via an online platform.
Locked Locked Locked
AI-based robots are provided for logistics micro-fulfillment operations.
Locked Locked Locked
App-based life insurance platform for consumers
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Detailed competitors of Dayforward

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  • Domains and locations
  • Full company profiles
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Latest news on Dayforward

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Complete news archive for Dayforward

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  • Full article archive
  • Source and publication date
  • Older coverage
  • Brand-specific news history

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Frequently Asked Questions about Dayforward

Dayforward was founded in 2020.

Dayforward is headquartered in New York, United States. It is registered at New York, New York, United States.

Dayforward is a funded company, having raised a total of $45M across 2 funding rounds to date.

Life insurance solutions are offered by Dayforward to ensure income protection for customers. The focus is placed on financial security within the insurance sector. Services are designed to support families and individuals with tailored policies.

Dayforward's top competitors include Bestow, Ethos and Fabric.

Dayforward offers Life Insurance.

Dayforward has made 2 acquisitions, including Commercial Travelers Mutual Insurance, and studentplanscenter.com.

Dayforward has 5 investors. Key investors include Munich Re, AXA Venture Partners, Juxtapose, Hudson Structured Capital Management, and TVP.

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