Baton has raised $10 million in Series A funding, led by Obvious Ventures, to expand its platform designed for small and medium-sized business acquisitions. This funding will help tackle the 'Silver Tsunami' of retiring baby boomer business owners, estimated at $10 trillion in wealth transfer. Baton's platform boasts a significantly higher close rate of 70%, allowing for more efficient transitions between sellers and buyers. The company aims to offer lower costs and higher support through its services, providing key financial analyses and expert guidance, thus making business ownership accessible.
Baton's Series A funding will help transform the small business acquisition market, bridging retiring owners and aspiring entrepreneurs with tech solutions.
Baton offers higher close rates and lowers costs compared to traditional options, making business ownership more attainable for aspiring entrepreneurs.
Collection
[
|
...
]