announces $40M in funding to accelerate product development and create a smoother digital transformation path for our customers

New investor Canada Pension Plan Investment Board (CPP Investments) joins current investors True Ventures, GGV Capital, Spark Capital, Meritech Capital Partners and Stepstone Group, extending’s $50 million Series C funding round.

Founders group series C fundraising announcement

Our objective is to create a world where anyone in any department can solve business problems without the constraints of poorly adapted technology. By placing automation in the hands of each department rather than a limited few, the Tray way empowers people to transform their fragmented processes into powerful business outcomes and avoid being caught in the digital transformation backdraft.

Rich headshot 2022
Rich Waldron, CEO of