Daylight raises millions to build a digital banking platform ‘designed for and by’ the LGBTQ+ community

Founded by LGBTQ+ entrepreneurs Rob Curtis (CEO), Billie Simmons, a trans woman (COO) and Paul Barnes Hoggett (CTO), Daylight is announcing today that it has secured $5 million in a seed funding round. Kapor Capital and Precursor Capital co-led the round, which included participation from Anthemis Group, Clocktower, Financial Venture Studio and Citi.

Daylight says its mission is to “build a more equitable financial life for LGBTQ+ folks and their chosen families.” The company’s services are targeted toward LGBTQ+ people, their families, and allies — or as Daylight describes it, “values-based consumers who want to support the queer community.”

Read more: TechCrunch