SpotOn Transact, LLC announced that it has received $300 million in its Series F round of funding led by existing investor, Dragoneer Investment Group, LLC on May 18, 2022. The transaction included participation from new investor, G Squared, existing investors, Andreessen Horowitz LLC, DST Global, Franklin Resources, Inc. and Mubadala Investment Company PJSC. The company has raised the round at a post money valuation of $3,600 million.