B

Baton

24/7 trailer drop yards reduce detention

Overview

Baton operates 24/7 trailer drop yards and pooled trailers to reduce detention time in freight. It works by locating drop zones (starting in Los Angeles, with expansion planned to Atlanta, Chicago, and Dallas) where drivers can drop a trailer and instantly hook up a pre-pooled trailer, keeping in-city time to about 15 minutes and achieving a 98.2% on-time rate. The company earns fees from using the drop yards and pooled trailers, offering a cost-saving alternative to detention for carriers, shippers, brokers, and customers. Baton’s goal is to eliminate detention time across the freight industry and improve driver productivity and satisfaction by delivering faster, more predictable freight handoffs.

Significant Headcount Growth

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About Baton

Simplify's Rating
Why Baton is rated
B-
Rated B on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Automotive & TransportationIndustrial & Manufacturing

Company Size

51-200

Company Stage

Series A

Total Funding

$13.8M

Headquarters

San Francisco, CA

Founded

2021

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Simplify's take

What believers are saying

  • Fortune reported seven weekly deals in September 2026, signaling real transaction volume.
  • More than 1,500 businesses attracted buyer interest on Baton between February and August 2026.
  • Business Profiles launched in September 2026, widening the funnel before seller contact.

What critics are saying

  • Public valuations for unclaimed listings rely on PPP data, not owner financials.
  • BizBuySell, BizQuest, and brokers dominate attention; Baton fights awareness, not features.
  • If Business Profiles fails to convert owners, Baton becomes a costly lead-generation engine.

What makes Baton unique

  • Baton’s 2026 Business Profiles show two million businesses with public valuations and rankings.
  • Baton pairs listings with one NDA, data rooms, and M&A advisor support.
  • Former Zillow executive Michael Joglekar frames Baton as Zillow for Main Street acquisitions.

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Funding

Total Funding

$13.8M

Below

Industry Average

Funded Over

2 Rounds

Series A funding typically happens when a startup has a product and some customers, and now needs funding to scale. This money is usually used to grow the team, expand marketing, and improve the product. Venture capital firms are frequently the main investors here.
Series A Funding Comparison
Below Average

Industry standards

$15M
$8.2M
$10.5M
$15M
$30M

Benefits

  • Health Insurance
  • 401(k) Retirement Plan
  • Unlimited Paid Time Off
  • Flexible Work Hours
  • Mental Health Support
  • Parental Leave

Growth & Insights and Company News

6 month growth

0%

1 year growth

48%

2 year growth

38%
Fortune
Jan 21st, 2025
Baton, led by a former Zillow executive, raises $10 million to help small businesses find buyers.

Baton’s clients include the well-known Brooklyn bakery L'imprimerie

Digital Music News
Nov 16th, 2023
Music Collaboration Startup Baton Raises $4.2 Million in Funding

Music startup Baton announced on tuesday that it raised $4.2 million to develop its ai-backed decentralized music infrastructure that supports collaboration among creators.

Built In NYC
Jan 9th, 2023
Baton Raises $2.8M to Launch Marketplace for Small Business Acquisitions | Built In NYC

Baton has generated 500 free business valuations and another 4 million estimates based on publicly available data sources.

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