Obvious Ventures Leads $10M Series A in Baton

January 22, 2025

Baton, a New York–based marketplace for small and medium-sized business acquisitions, raised $10 million in a Series A led by Obvious Ventures with participation from Burst Capital, FJ Labs, Fluent Ventures, Spencer Rascoff (via 75 & Sunny), and other investors. The funding will be used to accelerate growth of Baton's marketplace, expand listings and platform capabilities, and support more SMB owners through the sale process.

Buyers
Obvious Ventures, Burst Capital, FJ Labs, Fluent Ventures, Spencer Rascoff (via 75 & Sunny), Divergent Capital, Bloomberg Beta, Zeno Ventures, Giant Ventures
Targets
Baton
Location
New York, United States
Transaction Type
Growth capital

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