Tray.io, Inc announced that it has received $104.999974 million in funding from Meritech Capital Partners, Spark Capital Partners, LLC, GGV Capital, LLC, True Venture Management, LLC, CPP Investments, StepStone Group Inc.
September 26, 2022
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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.
StepStone Group Inc. is a private markets investment firm. It is focused on providing customized investment solutions and advisory, data and administrative services to its clients. The Company partners with its clients to develop and build private markets portfolios designed to meet their specific objectives across the private equity, infrastructure, private debt and real estate asset classes. Its portfolios utilize several types of synergistic investment strategies with third-party fund managers, including commitments to funds, acquiring stakes in existing funds on the secondary market and investing directly into companies. Its solutions are offered across various commercial structures, including separately managed accounts, focused commingled funds, advisory, data and administrative services, and portfolio analytics and reporting. Its advisory, data and administrative services include recurring support of portfolio construction and design, and discrete or project-based due diligence.
Tray.io, Inc announced that it has received $104.999974 million in funding from Meritech Capital Partners, Spark Capital Partners, LLC, GGV Capital, LLC, True Venture Management, LLC, CPP Investments, StepStone Group Inc.