On April 2, 2024, Hailo Technologies Ltd. closed the transaction. The company has received $120 million in its second and final tranche, bringing a total of $256 million. The tranche led by new investors, Poalim Equity Ltd., Comasco B.V., returning investor, OurCrowd Ltd., Zisapel family, individual investor, Gil Agmon, and other investors.

The company has raised more than $340 million funding till date. The round is raised at a post money valuation of $1,200 million.