On May 10, 2022, STORD, Inc. closed the transaction. The company amended the terms of the transaction. On the same day, the company received $120,000,000 in its final tranche led by new investor, Franklin Resources, Inc. and included participation from new investors, Sozo Ventures, LLC, Strike Capital, 137 Ventures, returning investors, Kleiner Perkins Caufield & Byers, Bond Capital Management LP, Susa Ventures Management, LLC, Dynamo Ventures, Lux Capital Management, LLC, Salesforce Ventures, LLC.

The company received $215,000,000 in the transaction. The transaction is raised at a post-money valuation of $1,300,000,000.