On August 10, 2021Tulip Interfaces, Inc. closed the transaction. The company received $99,999,934.8972 in series C round of funding led by new investor Insight Venture Management, LLC. The transaction also included participation from other new investors TIME Ventures, Pitango Growth Fund I, L.P., a fund managed by returning investor Pitango Venture Capital, other returning investors DMG MORI AKTIENGESELLSCHAFT, New Enterprise Associates, Inc. and Vertex Ventures. As a result, Peter Sobiloff of Insight Venture Management, LLC will be joining the company's board of directors.