+4%

est. 2Y upside i

DevOps & InfraSeries B

Conversational Voice and Multimodal AI built with Open Source

Rank

#3515

Sector

Developer Tools

Est. Liquidity

~3Y

Data Quality

Data: Medium

Daily is a developer-focused SaaS company in the growing real-time communication and AI space, with an estimated current valuation of $161M based on $23M revenue (7x multiple).

Last updated: March 10, 2026

Bull (10%)+250%

Daily's strategic focus on real-time voice AI and multimodal AI via Pipecat successfully captures a significant share of this emerging market, driving accelerated growth. Revenue could reach $100M+ by 2028, justifying a $560M+ valuation at 5.6x revenue, representing a 250% upside from the estimated current valuation.

Base (35%)+50%

Daily maintains its competitive position in WebRTC APIs, growing steadily at 30-35% YoY to reach approximately $45M revenue by 2028. This would support a $240M valuation at 5.3x revenue, offering a modest 50% upside from the estimated current valuation.

Bear (55%)-70%

Intensified competition from dominant incumbents like Twilio and AWS Chime commoditizes core WebRTC APIs, and Daily's AI initiatives fail to gain significant traction. Revenue growth stalls, leading to a down round or acquisition at ~$50M, wiping out most common stock value given the $62.2M liquidation preferences.

Est. time to liquidity~3.0 years

Preference Stack Risk

severe

Investors have contributed $62.2M in total funding. At the estimated current valuation of $161M, this means investors hold liquidation preferences equivalent to 38.6% of the company's value ahead of common stock.

Dilution Risk

high

Given the last funding round (Series B) was in 2021, it is highly probable that Daily will require at least one more significant funding round (Series C or D) before an exit, leading to further dilution for common shareholders.

Secondary Liquidity

limited

PitchBook indicates a 'Secondary Transaction - Private' occurred in October 2024, suggesting some limited liquidity, but details on volume or frequency are not available.

Other — 1 role

View all 1 open roles at Daily →

Last updated: February 22, 2026

Questions to Ask at the Interview

Strategic questions based on Daily's data — designed to show you've done your homework.

  • 1

    “Given the intense competition from large incumbents like Twilio and AWS Chime, how does Daily plan to maintain its competitive moat and differentiate its core WebRTC API offerings?”

  • 2

    “With an estimated $23M in revenue and a focus on real-time voice and multimodal AI, what are the key milestones and growth drivers Daily expects to achieve in the next 18-24 months to justify a Series C or D funding round?”

  • 3

    “Considering the Series B funding was in late 2021 and the significant liquidation preferences, what is the company's projected timeline for a liquidity event, and what mechanisms are in place to ensure common shareholders see meaningful returns?”

Community

Valuation Sentiment

Our model estimates +4% upside. What do you think?

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Disclaimer: This analysis is AI-generated and does not constitute financial or career advice. Always conduct your own due diligence.