About daydream Labs
daydream Labs is a private company based in San Francisco, California, incorporated in 2023 in Delaware. It has reported $22,836,471 raised in two offerings on Form D since May 2024. Its chief executive is Thenuka Karunaratne.
Funding Rounds (SEC Form D)
| First sale | Filed with SEC | Amount sold | Investors | Avg. check | Terms | Filing |
|---|---|---|---|---|---|---|
| Jul 10, 2025 | Jul 22, 2025 | $16,619,190of $21.9M target | 3 | $5.5M | Equity, In connection with the purchases reported herein, certain holders of the Issuer's existing common stock exchanged such shares for a new series of preferred stock.Rule 506(b) | Form D ↗ |
| Apr 30, 2024 | May 20, 2024 | $6,217,281fully sold | 20 | $310K | EquityRule 506(b) | Form D ↗ |
| Total, two offerings | $22,836,471 | |||||
First sale is the date the first investor in the offering committed to invest. Companies must file Form D within 15 days of that date, so filing dates run later.
Leadership Team
Executive officers and directors listed on daydream Labs's Form D filed Jul 22, 2025.
TK
Thenuka Karunaratne
Chief Executive Officer and director
SR
Shravan Rajinikanth
Executive officer and director
CW
ChenLI Wang
Director