Daylight
30 employees on LinkedIn · 14 known investors
Daylight builds a distributed energy network that allows homes to generate, store, and share power locally, while providing financing and grid operations services for the electrified home market.
Also known as Daylight Energy
Investors · 14
Also in the syndicate · 2
Funding
SEC filings, press & company announcements- Undisclosed amountSeries ANov 2025
Craft Ventures (lead), Bain Capital Ventures, Maple VC
Source ↗
Source: company announcements and press reports — follow each round's link for the claim.
Company profile
researched Aug 2026Daylight (also referred to as Daylight Energy) is a distributed-energy company that installs residential solar panels and home batteries at no upfront cost to the homeowner and links those systems into a coordinated network. Customers sign an "Energy Subscription" under which Daylight covers design, permitting, installation, equipment and maintenance, and the homeowner pays a monthly rate the company states is below their utility rate, with claimed bill reductions of 20% or more. Systems include tier-1 panels with a 25-year warranty and a battery with a 10-year warranty that provides backup power during outages; a Daylight app shows real-time production, storage, usage, outage alerts and monthly savings.
Beyond the consumer offering, Daylight describes itself as a vertically integrated capital markets platform for distributed energy, building financing, installation, monitoring and grid operations in-house. Enrolled homes trade energy with the grid: when grid demand peaks, the network redistributes stored electricity from participating homes, generating revenue that the company says lowers costs across its customer base. Daylight also operates a marketplace for home energy upgrades such as solar panels, heat pumps, EV chargers and water heaters.
The company positions itself within the DePIN (decentralized physical infrastructure network) category. Its protocol lets users connect energy devices — thermostats, batteries, electric vehicles and solar inverters — to the app and earn rewards via "Sun Points," a tokenized reward system redeemable for gift cards, merchandise or subscription credit. In October 2025 Daylight announced DayFi, a yield/stablecoin protocol intended to let decentralized-finance investors earn yield tied to electricity revenues from the network's solar and storage portfolio, slated to go live in Q4 2025.
Founding story
Reported as founded in 2022 and cofounded by Jason Badeaux, Udit Patel and Evan Caron, all with energy-industry backgrounds. In a note on the company site, co-founder and CEO Jason describes growing up in Louisiana where power outages were routine, and frames Daylight as a response to an aging grid, rising blackouts and climbing prices by having solar- and battery-equipped homes work together.
Business model
Homeowners subscribe to a solar-plus-battery system with $0 upfront cost; Daylight retains ownership of the equipment, covers installation and maintenance for the life of the agreement, and bills a predictable monthly rate positioned below the local utility rate. Agreements transfer to a new owner if the home is sold, and a buy-out/early payoff option becomes available after year five. Daylight contrasts this with a cash purchase, in which the homeowner owns and maintains the system.
Recurring monthly energy subscription payments from homeowners, plus revenue from dispatching stored electricity from networked homes back to the grid during peak demand. Daylight also sells home energy upgrades through a marketplace and plans, via DayFi, to channel electricity revenues from its solar and storage portfolio to onchain investors as yield.
Traction
Reported deployment of its energy subscription service in Illinois and Massachusetts, both directly and with local installers, with a $60 million project development facility intended to fund thousands of additional home installations and entry into further states. The website publishes homeowner testimonials from Massachusetts, Illinois and New Jersey.
Latest developments
October 2025: announced $75 million in combined equity and project finance; announced DayFi, a yield/stablecoin protocol opening energy infrastructure revenues to DeFi investors, with launch slated for Q4 2025; stated plans to use the project facility to fund thousands of installations and expand into additional states, alongside new financial tools and onchain reward systems.
▸Full profile — market position, technology, go-to-market, geography, history, risks & controversies
Market position
Positioned as a DePIN-oriented distributed energy company aiming to build what it calls the world's largest decentralized energy network, competing with conventional cash-purchase residential solar by removing upfront cost and bundling battery backup, maintenance and monitoring. Coverage frames it at the intersection of clean energy infrastructure and crypto/DeFi financing.
Vertical integration across financing, installation, monitoring and grid operations in a single company; battery backup included on every install rather than as an add-on; equipment ownership and maintenance retained by Daylight; and crypto-native elements (Sun Points rewards, DayFi yield protocol) used to fund infrastructure and align homeowner incentives.
Technology
Solar panels with hurricane-tested racking and snow-shedding design, home battery storage that engages within milliseconds during outages, and an app for real-time monitoring of production, battery state and usage plus outage and weather alerts. On the network side, Daylight runs a protocol that connects distributed devices (inverters, batteries, thermostats, EVs), coordinates virtual power plant dispatch, and uses blockchain-based coordination and reward mechanisms, including the DayFi yield protocol tying electricity revenues to onchain capital.
Go-to-market
Direct online qualification funnel on godaylight.com (address-based eligibility check and estimate), followed by full-service design, permitting and installation with a typical 12–14 week timeline from contract to activation. Daylight deploys both directly and in collaboration with local installers, and uses tokenized Sun Points rewards to encourage participation in the network.
U.S. residential homeowners, particularly those facing rising electricity prices and outage risk; the company also references a partner track (local installers) alongside its direct-to-homeowner channel.
Geography
United States; service live in Illinois and Massachusetts as of October 2025, with the qualification form listing all 50 states and stated plans to expand to additional states.
History
Founded in 2022. In 2024 the company raised $9 million in a Series A led by a16z crypto. In October 2025 it announced a $75 million raise comprising $15 million in equity led by Framework Ventures and $60 million in non-recourse project finance capital led by Turtle Hill Capital, alongside the introduction of the DayFi protocol.
Risks & controversies
Sources do not document specific controversies. The model depends on non-recourse project finance repaid from asset earnings, on utility and permitting timelines (12–14 weeks to activation), and on crypto/DeFi mechanisms (Sun Points, DayFi) whose regulatory treatment is not addressed in the available sources. Savings figures (20%+ bill reduction) and testimonials are company-stated.
Compiled by commissioned research from 8 cited public sources — announcements, filings, and press listed under research sources below.
Key figures
latest reportedCompany-reported or press-reported figures, each dated to when it was claimed — not independently audited.
Competitors · 4
by search overlap
Companies competing with Daylight for the same Google search keywords, organic and paid, via search-intersection analysis.
Timeline · 3
launches, deals, and filingsDaylight Energy said it raised $75 million total: $15 million in equity led by Framework Ventures with a16z crypto, Lerer Hippeau, M13, Room40 Ventures, EV3, Crucible Capital, Coinbase Ventures and Not Boring Capital, plus $60 million in non-recourse project finance capital led by Turtle Hill Capital, secured against infrastructure assets.
$75M source ↗
Daylight reported deploying its energy subscription service in Illinois and Massachusetts directly and via local installers, with the $60 million facility funding thousands of new installations and entry into additional states.
Daylight introduced DayFi, a stablecoin/yield protocol allowing DeFi investors to earn yield tied to electricity revenues from the Daylight Network's solar and storage portfolio; stated to go live in Q4 2025.
Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.
In the news
Capito raises child safety concerns with permanent Daylight Saving Time bill - WV MetroNewswvmetronews.com · Jul 2026
Trump-backed Daylight Saving Time bill clears key House hurdlefoxnews.com · Jul 2026▸Research sources · 8
primary sources listed
- Daylightgodaylight.com · web
8 public sources were cited for this profile; the first-party ones are listed here.
Frequently asked questions
- What does Daylight do?
- Daylight finances and installs home solar and battery systems that form a decentralized, app-coordinated energy network.
- Who are Daylight's investors?
- Daylight's investors include Andreessen Horowitz, Coinbase Ventures, Crucible Capital, Ev3 Ventures Llc, Lattice Capital, a16z crypto, Bain Capital Ventures, Craft Ventures and 4 more.