On June 21, 2022, Autobooks, Inc. closed the transaction. The company has amended the terms of the transaction. The company has received $50,000,000 in the transaction.

The round of funding led by Macquarie Principal Finance Pty. Limited. The transaction included participation from Commerce Ventures Management, LLC, returning investors Baird Capital, Draper Triangle, LLC, MissionOG Capital, LLC, and The Toronto-Dominion Bank.

Larry Handen of Macquarie Principal Finance Pty. Limited will join the company's board as part of the transaction.