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BOSTON — Sept. 18th, 2025 — Daylit, an all-in-one working-capital platform for real economy businesses, raised $110 million in equity and debt to roll out AI agents to support A/R and deliver capital at customers’ fingertips.
The round was led by Companyon Ventures with participation from firms such as NextView Ventures, and SixThirty Ventures and joined by executives from Meta, Free Pier Advisors, and Yelp along with a credit facility from Viola Credit.
Daylit, formerly known as Lendica, has financed hundreds of millions of dollars in invoices and helped thousands of privately held businesses, primarily manufacturers and specialty contractors, speed up customer collections and delay vendor payments through its tech-enabled working capital products. The new capital will expand Daylit’s U.S. footprint and launch AI accounts receivable (”A/R”) agents to help with aging receivables.
“Business owners and CFOs ask the same question every week: What’s going on with that account?” said Jared Shulman, Daylit CEO and co-founder. “A/R data is messy and scattered across ERP exports, email inboxes, and sticky notes. Our agents can help pull that puzzle together so finance teams can efficiently track A/R, accurately plan cash flow, and tap cheaper working capital.”
“Our agents are designed to streamline mundane tasks in the A/R department,” adds Jerry Shu, Daylit co-founder and CTO. “This means freeing up finance teams’ time for more planning and working capital strategy.”
Daylit’s platform includes FundNow to accelerate payments from slow-paying customers, PayLater to extend time to pay vendors when cash is tight, and OfferTerms to give business customers flexible payment options. Daylit is now launching AI agents for several A/R use cases to save businesses time and money across working capital cycles.
