On January 4, 2018, NextCapital Group, Inc. closed the transaction. The company received $754,162 in its second and final tranche close. The transaction was led by new investor Oak HC/FT Partners LLC and involved participation from existing investors Manulife Financial Corporation (TSX:MFC), Transamerica Ventures, LLC, Vermont Technology Seed Capital Fund, L.P., a fund managed by VCET Capital Corporation, and Route 66 Ventures, Inc. The company issued series C preferred stock in the transaction.