Emerging and High Growth Companies

Daylight Automation in its US$12.3 million Series A financing round

Daylight Automation
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto

Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary

 

On September 22, 2021, Daylight Automation announced it has completed its US$12.3 million Series A financing round led by RTP Global, Bessemer Venture Partners and Golden Ventures. The funding will be used to rebrand from FormHero to Daylight Automation, grow its team and advance product development and marketing initiatives in the United States and Canada.

Daylight Automation, is a Toronto-based software firm specializing in its low-code platform providing digital solutions to businesses in the Banking, Insurance and Healthcare industries.

Osler, Hoskin & Harcourt LLP advised Daylight Automation with a team consisting of Chad Bayne, Michael Grantmyre and Sahil Chopra (Emerging and High Growth Companies).

Value
US$12.3 million
Date Closed
March 30, 2021
Lead Office
Toronto
Key Contact
Chad Bayne

Partner, Emerging and High Growth Companies, Toronto

Team
Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto

Michael Grantmyre

Partner, Emerging and High Growth Companies, Calgary