Daybreak Valuation, Funding & Investors
Daybreak is valued at $201M as of June 2018.
Last Daybreak valuation
$201M
Series B · Jun 2018
Last Daybreak funding round
$15M
Series A · Jun 2025
Cumulative funding Daybreak raised
$112M
across 5 funding rounds
Key investors in Daybreak
TPG
Dell Technologies Capital
ServiceNow
Honeywell Ventures
About Daybreak
Daybreak is a Chicago-headquartered provider of enterprise AI solutions integrating machine learning and predictive analytics for operations optimization. The firm develops custom applications for supply chain forecasting and customer service automation, serving Fortune 500 clients in retail and manufacturing. Daybreak combines data science expertise with business process redesign to deploy models on platforms like AWS and Azure.
Founded
2016
HQ
San Francisco, CAWebsite
Status
Privately held
Customer focus
B2B
Revenue model
Services
Valuation
$201M (Jun 2018)
Daybreak Valuation
Daybreak is currently valued at $201M, based on its Series B in June 2018.
The $35M round was led by Dell Technologies Capital and TPG.
Daybreak valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Jun 2018 | Series B | $201M |
Daybreak Funding History
Daybreak has raised a total of $112M across 5 funding rounds.
Daybreak's first fundraising round was a $16M Series A in March 2016. The most recent completed round was a $15M Series A in June 2025.
Daybreak funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Jun 2025 | Series A | Dell Technologies Capital (lead); TPG (lead) | $15M | - | Daybreak is an AI-native supply chain planning platform that delivers accurate forecasts, higher-quality decisions, and explainable AI to global CPG and industrial companies, integrating with existing systems to provide measurable ROI. The company aims to eliminate $200 billion in global inventory waste through agentic AI for supply chain intelligence. On June 9, 2025, Daybreak raised a $15 million Series A investment round led by TPG Growth and Dell Technologies Capital. The funding will accelerate development in ML Ops industrialization for faster predictions, decision intelligence with probabilistic risks and human judgment, and other roadmap priorities. Daybreak appointed veteran AI executive Waleed Ayoub as Chief Technology Officer. The leadership team includes CEO Stephen Collins, Michael Ciatto with experience in 200+ supply chain transformations, and Trevor Miles from Kinaxis and i2. |
| Sep 2022 | Series C | Honeywell Ventures; ServiceNow | $25M | - | - |
| Mar 2020 | Undisclosed stage | - | $21M | - | Daybreak Games, a veteran game developer with 24 years in business, specializes in live service MMORPGs and MMOFPS titles including globally recognized third-party IP portfolios like Dungeons & Dragons Online and DC Universe Online. The company was acquired by Enad Global 7 (EG7) on December 1-2, 2020, with the purchase financed through SEK900m in debt and a planned SEK1.6bn share issuance. EG7 cited Daybreak's diverse IP, strong community, and 178 million userbase as key attractions. Year-to-date Q3 2020, Daybreak reported bookings of USD71m and adjusted EBITDA of USD26m, with individual titles generating YTD bookings such as $6.5m for one MMORPG, $6.9m for another, and $7.9m for a sci-fi MMOFPS with 198K MAU. The acquisition price was set at an EBITDA multiple of approximately 9.7x relative to Daybreak's expected USD$31m generation by the close of 2020. Pro forma analysis in EG7's investor presentation as of September 30, 2020, showed Daybreak contributing SEK255m in EBITDA to the combined group, alongside SEK78m from Piranha Games and SEK24m from Big Blue Bubble, boosting overall margins. Live games monetize primarily through in-game purchases, subscriptions, and DLC, maintaining average engagement with over 80 titles in portfolio. No explicit post-money valuation or revenue figures using terms like 'revenue' or 'ARR' were directly stated for the 2020 acquisition round; bookings and EBITDA served as key metrics. The deal positioned EG7 for expanded live service operations, with Daybreak's evergreen portfolio providing stable recurring income streams. |
| Jun 2018 | Series B | Dell Technologies Capital (lead); TPG (lead) | $35M | $201M | Daybreak, originally operating as Noodle.ai, is an enterprise AI company focused on supply chain planning software, providing AI-native platforms that use probabilistic forecasts, agent-based automation, and decision intelligence to improve on-time-in-full (OTIF) delivery, inventory management, and production planning for CPG and other sectors. It positions itself as an alternative to traditional rules-based advanced planning systems (APS) with swarms of supply-chain-specific AI agents for data ingestion, risk surfacing, and actionable recommendations. The company has evolved from AI consulting in 2018 to SaaS platforms featuring deep probabilistic decision machines and generative probabilistic planning by 2024. On June 26, 2018, Daybreak (then Noodle.ai) completed a Series Seed-2 funding round led by Dell Technologies Capital and TPG Growth, raising $25.2 million at a post-money valuation of $200.65 million, with a price per share of $10.80 and 2,332,623 shares outstanding. This round aligns with references to a $35 million Series B in 2018 from the same investors, though documentation varies across sources, indicating it as an early growth stage for the AI application provider. Investors like TPG Growth and Dell Technologies Capital have remained involved in subsequent rounds, serving on the board. The company achieved traction as an AWS Advanced Technology Partner, with deployments showing forecast improvements over 10%, automation of more than 40% of planning workflows, and integration of unstructured data. Later rounds included a $25 million Series C in 2022 led by ServiceNow Ventures and Honeywell Ventures, a $10 million Series C-II in January 2024 with Dell and TPG, and a $15 million Series A in June 2025 post-rebrand to Daybreak, again led by TPG Growth and Dell Technologies Capital to expand AI agent ecosystems and ML-Ops. Total funding reached approximately $94.34 million by later stages, with no public revenue, ARR, or EBITDA figures near the 2018 round. |
| Mar 2016 | Series A | TPG (lead) | $16M | - | Daybreak (previously Noodle.ai) is a San Francisco-based AI-native supply chain planning platform that provides a swarm of supply-chain-specific AI agents for data ingestion, probabilistic forecasts, risk surfacing, and action proposals. The company focuses on ML-Ops industrialization, decision intelligence, and agent ecosystem expansion as an alternative to rules-based advanced planning and scheduling tools. It targets consumer packaged goods for on-time in-full improvements through its FlowOps suite and holds AWS Advanced Technology Partner status. On March 16, 2016, Daybreak raised $15 million in a Series Seed-1 round led by TPG Growth, achieving a post-money valuation of $26.67 million. Investors included TPG Growth and Dell Technologies Capital. This was an early funding round for the company, which later secured additional capital including a $35 million Series B in 2018 and a $25 million Series C in 2022 led by ServiceNow Ventures and Honeywell Ventures. Daybreak has deployments in CPG for OTIF and inventory/production planning with partner endorsements. |
Who has invested in Daybreak?
4 investors have backed Daybreak across its funding rounds, including TPG, Dell Technologies Capital, ServiceNow and Honeywell Ventures.
Lead investors include Dell Technologies Capital and TPG.
Daybreak Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| San Francisco, CA | 3 | Lead | Mar 2016 | |
| San Francisco, CA | 2 | Lead | Jun 2018 | |
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Start Free TrialInvestments by Daybreak
Daybreak has invested in 1 company to date.
Latest investment by Daybreak was on January 29th 2026. Daybreak invested in Sound Games in their $7M Seed round.
Latest Investments by Daybreak
| Description | Sound Games is an indie game studio developing engaging video games for various platforms. |
| HQ Country | |
| HQ City | - |
| Deal Date | 29 Jan 2026 |
| Round | Seed |
| Raised | $7M |
| Investors | ZVC; Timeless; Point72 Ventures; WOCstar Fund; Hustle Fund |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Daybreak investments and their VC round multiples. Start Free Trial | |
Daybreak Competitors
Daybreak competitors include listed companies like Appen and Expert.ai, and private ones like Course5 Intelligence, Dnotitia, Airtop and CloudSEK.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
 Australia | Publicly listed | $231M | $9M | $199M | 0.6x | |
 Mumbai | Private | $50M | - | $250M | 5.0x | |
 Seoul | Private | - | - | $201M | - | |
| United States | Private | - | - | $200M | - | |
 Singapore | Private | $10M | - | $200M | 20.0x | |
 Italy | Publicly listed | $53M | $5M | $203M | 4.3x |
Daybreak Public Comps
Daybreak is still privately-owned, but its public comps include Appen, Expert.ai, Abeja, Forrester Research, CAC Holdings, Optimus Group, Robot Consulting, Selvas AI, One Point One Solutions and AInnovation Technology.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $231M | $9M | 0.7x | 0.6x | 16.9x | 7.2x | |||
| $53M | $5M | 4.0x | 4.3x | 39.9x | 53.8x | |||
| $23M | $3M | 7.8x | 6.4x | 60.9x | - | |||
| $397M | ($95M) | 0.4x | 0.4x | (1.5x) | 4.9x | |||
| $325M | $43M | 0.5x | 0.5x | 3.6x | 6.2x | |||
| $26M | $15M | 42.3x | 0.6x | 72.5x | - | |||
| $4M | ($9M) | 43.6x | - | (18.1x) | - | |||
| $84M | ($65K) | 2.6x | 3.3x | (3294.6x) | 19.8x | |||
This data is available for Pro users. Sign up to see all Daybreak competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Daybreak
| When was Daybreak founded? | Daybreak was founded in 2016. |
| Where is Daybreak headquartered? | Daybreak is headquartered in San Francisco, CA, United States. |
| Is Daybreak publicly listed? | No, Daybreak is a private, VC-backed company. |
| What is Daybreak's valuation? | Daybreak was last valued at $201M in its Series B in June 2018. |
| How much funding has Daybreak raised? | Daybreak has raised $112M across 5 funding rounds. |
| What was Daybreak's last funding round? | Daybreak's last funding round was a $15M Series A in June 2025, led by Dell Technologies Capital and TPG. |
| Who are Daybreak's investors? | Daybreak's investors include TPG, Dell Technologies Capital, Honeywell Ventures and ServiceNow. |
| Which companies are comparable to Daybreak? | Companies comparable to Daybreak include Appen, Course5 Intelligence, Dnotitia, Airtop, CloudSEK and Expert.ai. |
| How many companies has Daybreak invested in? | Daybreak has invested in 1 company, including Sound Games. |
| What was Daybreak's last investment? | In January 2026, Daybreak invested in Sound Games' $7M seed round alongside ZVC, Timeless, Point72 Ventures and 2 other investors. |
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