On August 24, 2021, AllStripes Research Inc. closed the transaction. The company announced that it has received $50,000,000 in its series B round of funding led by returning investor Lux Capital Management, LLC. The transaction included participation from Jazz Venture Partners, L.P., Medidata Solutions, Inc., McKesson Ventures, returing investors Spark Capital Partners, LLC, Maveron LLC, individual investors Arif Nathoo and Leila Zegna.

The company received $45,199,734 from 18 investors pursuant to Regulation D.