On September 27, 2022, Tray.io, Inc closed the transaction. The company amended the terms of the transaction. The company now received $90,000,000 in the transaction.

The company has received $40,000,000 in its second and final tranche closing. The transaction in included participation from new investor CPP Investments with participation from returning investors Meritech Capital Partners, Spark Capital Partners, LLC, GGV Capital, LLC, StepStone Group Inc., and True Venture Management, LLC.