On March 25, 2024, FundGuard, Inc. closed the transaction. The company announced that it has raised $100,000,000 in a round of funding led by new investors, Key 1 Capital Ltd., Euclidean Capital LLC and funds managed by Hamilton Lane Incorporated. The transaction included participation from existing investors, plus the company?s earliest financial investors, Team8 Capital and Blumberg Capital, L.L.C.