Daylight, a New York-based provider of a digital bank focused on serving queer people, raised $15M in funding.
The round was led by Anthemis Group, with participation from Anthemis Group, CMFG Ventures, Kapor Capital, Citi Ventures, Gaingels, Mendoza Ventures, Digital Horizons, University Growth Fund, Socially Financed, Clocktower Ventures and Financial Venture Studio, and a private investor syndicate.CMFG Ventures, Kapor Capital, Citi Ventures, and Gaingels. Vinay Singh, Managing Director at Anthemis Group, will join Daylight’s Board of Directors, along with Billie Simmons, Daylight Co-Founder and Chief Operating Officer.
The company intends to use the funds to expand its services to support LGBTQ+ people looking to start and grow their families.
When the product officially launches in early 2023, Daylight Grow subscribers will receive:
- A personalized family creation plan covering financial, legal, and logistical milestones tailored to their state and needs
- Family planning Concierges to provide financial advice and logistical support
- A family-building marketplace with vetted family attorney networks, and IVF and surrogacy clinics in their area
- Members-only digital community platform and in-person financial and fertility education events
- Access to family-building loans
The full set of investors in Series A round includes Anthemis Group, CMFG Ventures, Kapor Capital, Citi Ventures, Gaingels, Mendoza Ventures, Digital Horizons, University Growth Fund, Socially Financed, Clocktower Ventures and Financial Venture Studio, and a private investor syndicate.
