B12 Raises $15.7M in Funding


B12, a New York-based online platform for professional services firms, raised $15.7M in funding.

The round was led by Tola Capital with participation from Breyer Capital, General Catalyst and Naval Ravikant.

The company intends to use the funds to accelerate growth, recruit talent, and continue building tools for small service businesses.

Led by Nitesh Banta, CEO, B12 provides a solution for professional services firms to establish, run, and grow their business online via tools to reach clients, offer services, and get paid, including Professional Websites, Online Scheduling, Contracts and eSignature, and Online Payments.

The company has worked with more than 150,000 businesses and is powered by technology built by the team’s MIT-, Harvard-, and Berkeley-trained researchers.