RightBound announced that it has received $12 million in a round of funding led by new investor Innovation Endeavors LLC on May 26, 2021. The transaction included participation from Operator Collective, returning investor I.B.I Mutual Funds Management (1978) Ltd. - I.B.I. (5D) Tech Fund-High Tech (TASE:IBITEC.F), a fund managed by I.B.I Investment House Ltd. (TASE:IBI), angel investors Zach Weinberg, Nat Turner, and Gil Shklarski.