On December 9, 2020, DataRobot, Inc. closed the transaction. The company issued 24,595,423 series F preferred shares at issue price of $13.14197 per share for the gross proceeds $323,232,311.20331 in the transaction. The company additionally received $53,232,311 in its final tranche from new investors Snowflake Ventures, Salesforce Ventures LLC and Hewlett Packard Enterprise Company.

The shares are non-redeemable. The shares carry non-cumulative, and participating fixed dividend rate of 8% per annum. The shares will be convertible in common shares at a fixed conversion price of $13.1359354 per share.

The company raised $317,094,302 pursuant to Regulation D from 73 investors in the transaction. The company has raised more than $750,000,000 in funding till date. The round was raised at post money valuation of $2,098,825,860.