On February 21, 2022, Zoomo Pty Ltd closed the transaction. The company amended the terms of the transaction. The company raised an additional amount of $20,000,000 (AUD 27,742,000) in equity in its second tranche bringing the total gross proceeds raised in the transaction to AUD 107,742,000.

The transaction included participation from lead new investor Collaborative Fund, MUFG Innovation Partners Co., Ltd., SG Fleet Group Limited, WIND Ventures, Akuna Capital, LLC.