On October 19, 2021, Wonolo Inc. closed the transaction. The company amended the terms of the transaction and now received $138,000,000 in a round of funding led by new investor Leeds Illuminate. The transaction included participation from new investors 137 Ventures, G2VP, LLC, and Franklin Resources, Inc. The company has raised $200,000,000 in funding till date.

As a part of the transaction, Stephanie Nieman from Leeds Illuminate has joined the company's board of directors.