Rebranded Daylight Automation raises $15.7 million CAD in Series A funding

Funding Rounds

Summary

Daylight will use the funding to support its rebrand, accelerate hiring, and advance product development and marketing initiatives in the United States (US) and Canada. Harrison told BetaKit that companies typically invest a lot of money into core processes such as a mobile application or customer onboarding. “Daylight is changing the current paradigm with a dynamic digital interface that efficiently and securely transforms customer data and delivers it back to the organization in the desired format and location, allowing IT teams to focus their skills and resources on downstream integration of data and processes,” according to Julius Schwerin, a partner at RTP Global. In fact, Daylight’s software provides IT teams with the security, compliance and control, but allows subject matter experts in companies to build their optimum experience. “It is designed to solve complex processes and data challenges that are often overlooked resulting in wasted costs.” Harrison said a lot of people don’t get to see their work make a meaningful impact.

$ Funding

$
Amount $12.3M Total raised
Date September 21, 2021 Announcement date
Investors - Lead investors
Company http://www.formhero.com Funded company

Classifications

industries
Fintech & Banking
applications
Business Process Management

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