Daylit is on a mission to build the future of working capital

Meet our founders, learn how Daylit got started and check out our open roles.

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Mission

We're building the future of working capital

We envision a world where capital is available at every business owners' fingertips and actionable, financial intelligence is just a click away.

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Mission

Future of working capital

Daylit is building the future of working capital across two pillars: capital at your fingertips and actionable financial intelligence.

We believe that businesses need better access to both financial products and financial intelligence - we're on a mission to provide an all-in-one experience.

Vision

Agents to analyze risk and opportunities

From the beginning, Daylit has been focused on building a coordinated network of the most capable forensic accounting agents, designed to analyze credit risk and opportunities for traditional businesses.

Today, these agents have evolved from reading bank account and ERP data to analyzing customer fact patterns, coordinating cross-system communication, to even real-time OCR tooling for faster inputting.

Values

Be curious, achieve as a team, and grind

Daylit's four values are listed as:

1. Lean curious
2. Achieve excellence
3. Win and lose as a team
4. Enjoy the grind

We value and protect our company culture and push to bring the brightest and highest achievers across the world to join our pursuit.

TIMELINE

From humble roots to staying humble.

Daylit has grown to become a leader and innovator in the world of working capital.

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June 2015
Chance meeting

Co-founders Jared Shulman and Jerry Shu meet at an MIT networking event when an event coordinator mistakenly switches their name tags.

Jan 2022
Lendica launches

The team, now joined by Freya Dai, Paul Curran, and Evelyn Peng, officially launch as Lendica - providing fast and affordable capital to SMBs.

aug 2023
Introducing Lens

After 18 months in market, the team officially releases Lens - an early version of its AI agent underwriting engine designed to make autonomous decisions.

dec 2024
Record growth

The company posts a record year in 2024, growing revenue by more than 3x and adding to its growing list of underwriting agents.

Sept 2025
$110m capital raise

Lendica rebrands to Daylit after $110m capital raise with bold mission to build the future of working capital.

Meet the team

Designers, engineers, and ex-operators

We’ve scaled fintech products, built APIs, and supported platforms like yours.

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Read my bio

Jared Shulman is the Co-Founder and CEO of Daylit (formerly known as Lendica). He also serves as a Guest Lecturer at Babson College, teaching fintech to undergraduate and MBA students. Prior to founding Daylit, Jared was a core member of ILA Capital, a boutique hedge fund in private credit, where he built trading, risk, and reporting systems for early non-bank lending platforms. He previously founded Pendleton, consulting for mutual and hedge funds on data-driven risk management and automation, and began his career as an Assistant Portfolio Manager at EntrepreneurShares, LLC, managing $350M in assets under management. Jared earned his Bachelor of Science in Business Management and Entrepreneurship from Babson College.

Jared Shulman
Co-Founder & CEO
Read my bio

Jerry Shu is the Co-Founder and CTO of Daylit (formerly known as Lendica). He is also the Co-Founder of Manticor, further reflecting his entrepreneurial focus on building innovative financial platforms. Earlier in his career, Jerry worked as a Quantitative Research Associate at J.P. Morgan, where he specialized in algorithmic index development and derivative pricing within the equity derivatives group. He holds a Master’s in Finance from the MIT Sloan School of Management and a BBA in Quantitative Finance and Risk Management from the City University of Hong Kong.

Jerry Shu
Co-Founder & CTO
Freya Dai
COO
Michael Richter
Board Member
Tom Lazay
Board Member
Lee Hower
Board Member
WHY DAYLIT

Working capital just got brighter

Take the guesswork out of working capital with an all-in-one platform that delivers capital at your fingertips and actionable, financial intelligence.

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Easy to use platform

Simple, intuitive platform built for operators with busy schedules.

Free to open and keep

No more paying for unused fees or maintainance charges.

Always on and ready

Daylit's platform is 24/7/365 and ready to support.

Flexible terms

Credit amount, repayment schedule, and interest rates tailored to your needs.

User-friendly dashboard

Track your line of credit usage online anytime.

Actionable intelligence

Leverage Daylit's agents to save you time.