On February 14, 2024, Rasa Technologies Inc closed the transaction. The company announced that it has raised $30,000,000 in a round of funding co-led by new investors, PayPal Ventures, Inc. and StepStone Group LP. The transaction also included participation from returning investors, Accel Partners, Basis Set Ventures, LLC and Andreessen Horowitz LLC.

The company issued securities to 13 investors pursuant to exemption provided under Regulation D.