Capital B
Capital B is a Black-led, nonprofit digital news organization that publishes free local and national journalism for Black communities across the U.S. via capitalbnews.org, a free newsletter, and two local newsrooms in Atlanta and Gary, funded by donations, grants, and advertising.
- Company typePrivate
- Founded2021
- HeadquartersNew York, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
What Capital B does
Capital B (legally Capital B News, Inc.) is a Black-led, nonprofit local and national news organization founded in 2021 and headquartered at 209 W 29th Street, Suite 107, New York, NY 10001. It publishes original journalism for Black communities across seven core verticals — Criminal Justice, Education, Environmental Justice, Health, Money, Politics & Policy, and Rural Issues — distributed through its flagship site capitalbnews.org, a free weekly email newsletter ('Seen & Heard'), active social channels (Facebook, Instagram, LinkedIn, X, TikTok, Bluesky), and partner-content republishing arrangements with outlets including KFF Health News, the Associated Press, Grist/Vox, The 19th, InvestigateTV, Houston Landing, and Mississippi Free Press. Beyond the national desk, the organization operates two dedicated local newsroom editions — Capital B Atlanta (Georgia) and Capital B Gary (Northwest Indiana) — and a portfolio of recurring investigative series such as 'Dangerous Deliveries' (Georgia maternal health), 'The New Great Migration' (Black reverse migration), and 'Disconnected: Rural Black America and the Digital Divide' (rural broadband inequity).
The underlying publishing technology is Newspack, the WordPress-based newsroom platform built by Automattic, which provides the site's content management, membership, and donation infrastructure; no public API, SDK, or proprietary AI/ML components are offered, and the Terms of Service reference user-facing features only. The business model is a hybrid nonprofit newsroom revenue stack: tax-deductible individual donations and memberships (primary), on-site advertising via an 'Advertise With Us' intake, optional paid Subscription Services processed by third-party payment providers, and project-specific grants and fellowships (e.g., USC Annenberg Center for Health Journalism, The Center for Rural Strategies and Grist, American Journalism Project, Lumina Foundation, Nina Mason Pulliam Charitable Trust). Content is free to readers at no paywall, and the organization explicitly avoids corporate funding.
Capital B is led by co-founders Lauren Williams (CEO) and Akoto Ofori-Atta (Chief Audience Officer), with editors Simone Sebastian and Dalila-Johari Paul overseeing investigative projects. The company reports 11-50 employees, has no public stock listing, no disclosed parent company, and operates as an independent U.S. nonprofit entity with CCPA and COPPA self-attested compliance. In December 2025 it was named among NABJ's '50 Moments in Black Journalism History (1975-2025).'
Capital B firmographics
Firmographics- Name
- Capital B
- Legal name
- Capital B News, Inc.
- Website
- https://capitalbnews.org
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Capital B is a Black-led, nonprofit digital news organization that publishes free local and national journalism for Black communities across the U.S. via capitalbnews.org, a free newsletter, and two local newsrooms in Atlanta and Gary, funded by donations, grants, and advertising.
- Ownership category
- akta.pro rank
Capital B industry classification
Industry- Product category
- Nonprofit Digital News Publishing
- NAICS
- Newspaper, Periodical, Book, and Directory Publishers (5131), Periodical Publishers (51312)
- SIC
- Newspapers: Publishing Or Publishing & Printing (2711), Periodicals: Publishing Or Publishing & Printing (2721)
- akta.pro primary industry
- National & General-Interest Newspapers (Print & Digital) (MPAJADAA)
- akta.pro secondary industry
- Local & Regional Newspapers (Print & Digital) (MPAJADAB)
Keywords
Where Capital B is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices3 records
Markets served
Capital B business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Donations and membership: Capital B solicits tax-deductible donations and memberships from readers, explicitly positioning itself as independent and without paywalls or corporate funding. Multiple donation landing pages exist (e.g., FUNQNWFYNCV, FUNMLDTQHPL).
- Advertising: Site allows advertisers to display advertisements in areas such as sidebar and banner placements and operates an 'Advertise With Us' intake ([email protected]).
- Paid subscription services: Terms of Service contemplate Subscription Services accessed by payment of a fee via third-party service providers, supporting a subscription/recurring revenue stream for gated content.
- Grants and fellowships: Receives grants and fellowship funding for specific reporting projects (e.g., Center for Rural Strategies and Grist grant for digital divide reporting; USC Annenberg Center for Health Journalism 2022 National Fellowship and Dennis A. Hunt Fund for health reporting).
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Pay-as-you-go | Free reader access with optional tax-deductible donation / membership |
| Subscription | Multi-year contract | Subscription Services (paid, third-party processor) |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels6 records
Capital B product offering
Product offeringCore offering
Capital B is a Black-led, nonprofit news organization that publishes free local and national journalism for Black communities across seven editorial verticals (Criminal Justice, Education, Environmental Justice, Health, Money, Politics & Policy, and Rural Issues). Its core deliverable is original reporting — including award-winning investigative series such as Dangerous Deliveries, The New Great Migration, and Disconnected: Rural Black America and the Digital Divide — delivered through a national website, dedicated local editions in Atlanta and Gary, and a free weekly email newsletter ("Seen & Heard"). The offering is sustained primarily by reader donations and memberships, with supplementary advertising and grant funding, and is distributed without paywalls or corporate sponsorship.
Product overview
Capital B operates as a single unified digital news platform (capitalbnews.org) that serves as the core publishing product and the editorial home for its national reporting, local newsrooms, and recurring investigative series. The core product, Capital B News, is the umbrella site and is complemented by two geographically focused local sub-brands—Capital B Atlanta and Capital B Gary—each maintained as separate local editions on subdomains. Layered on top of this core publishing platform is the free weekly email newsletter "Seen & Heard," which functions as a recurring distribution product, and a portfolio of named investigative and editorial series—most prominently "Dangerous Deliveries" (maternal health in Georgia), "The New Great Migration" (Black reverse migration Southward), and "Disconnected: Rural Black America and the Digital Divide" (rural broadband inequity)—which operate as recurring editorial product lines under the Capital B News umbrella. The site is built on and powered by Newspack, and the company operates as Capital B News, Inc., a nonprofit news organization based in New York.
Differentiator
Problem solved
Functional benefit
Brands
- Capital B Atlanta: Local Capital B newsroom covering Atlanta, Georgia and the surrounding region for Black communities.
- Capital B Gary
Products and services
- Capital B News (national digital publication) The Black-led, nonprofit national news publication of Capital B News, Inc., delivering original reporting across seven editorial verticals — Criminal Justice, Education, Environmental Justice, Health, Money, Politics & Policy, and Rural Issues — to readers across the United States, available free without paywalls or corporate funding.
- Capital B Atlanta Capital B's first local newsroom, delivering Atlanta- and Georgia-focused reporting on redistricting, environmental justice, maternal health, Black political power, hurricane recovery, and state politics for the Atlanta-area Black community.
- Capital B Gary Capital B's local newsroom covering Gary, Indiana and Northwest Indiana, reporting on SNAP, homelessness, entrepreneurship, Juneteenth events, Indiana state policy, property sales, and small-business support for the regional Black community.
- Seen & Heard weekly newsletter A free weekly email newsletter distributing the biggest stories of Black America to subscribers, serving as Capital B's primary recurring reader-engagement product.
- Dangerous Deliveries (investigative series) Multi-part award-winning investigative series examining maternal care deserts and poor birth outcomes for Black women in Georgia, combining open-records reporting, data analysis, and on-the-ground narrative.
- The New Great Migration (editorial series) Ongoing multi-year editorial series documenting the reverse migration of Black Americans from Northern to Southern communities since 2020, covering culture, politics, environment, and migration patterns.
- Disconnected: Rural Black America and the Digital Divide (investigative series) Multi-part investigative series exploring disparate effects of broadband accessibility on Black Americans in the rural South, produced with grant funding from The Center for Rural Strategies and Grist.
Quantifiable outcome
- More than a quarter of Black Georgians live in a county with little to no access to maternal care; nearly half of Black counties are maternity care deserts vs. less than a third of majority-white counties (Georgia findings from 'Dangerous Deliveries').
- +3 more outcomes
Companies that use Capital B
Customer profileSegments4 records
Ideal customer profiles4 records
Capital B technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Capital B partnerships and signals
Strategic signalPartnerships
Nine partnerships are on record, tiered flagship, core and minor.
- National Association of Black Journalists (NABJ)flagshipCapital B partnered with veteran journalist Herbert Lowe to publicize the 50th anniversary of the founding of NABJ and to commemorate its contributions to journalism, communities, and democracy. Capital B was named among '50 Moments in Black Journalism History (1975–2025)'. The list was published as an op-ed on December 12, 2025.
- KFF Health NewscoreKFF Health News contributes original reporting that is republished on Capital B as Partner Content (e.g., stories on rural hospital connectivity by Sarah Jane Tribble and Holly K. Hacker; coverage of Black maternal health program funding by Ronnie Cohen; medical schools DEI coverage by Lauren Sausser).
- InvestigateTVcoreInvestigateTV's Caresse Jackman co-byline partner content with KFF Health News appearing on Capital B, including reporting on rural hospitals and patients disconnected from modern care.
- Houston LandingcoreHouston Landing reporter Monique Welch-Rutherford contributes to Capital B, including the reporting on Harris County as the deadliest U.S. county for Black maternal deaths and the Hurricane Katrina displacement story.
- Associated Press (AP)coreAP Health Writer Kenya Hunter contributes original reporting that appears on Capital B (e.g., rural communities of color and health care access).
- The 19thcoreThe 19th co-publishes content with Capital B, including Barbara Rodriguez's coverage of the federal 'Momnibus' bills and the removal of the word 'Black' from legislative language addressing Black maternal health.
- Grist / VoxcoreGrist and Vox contribute Partner Content on Capital B, including the 'Expecting Worse' series on how climate change impacts reproductive health (e.g., Virginia Gewin's story on extreme heat and preterm birth).
- Mississippi Free PressminorMississippi Free Press reporter Nick Judin is credited as a byline on Capital B coverage of the shooting of 1-year-old Kohen Kartier Wiley by a Mississippi police officer, indicating cross-publication collaboration.
- Newspack (Automattic)flagshipCapital B News, Inc.'s website (capitalbnews.org) is 'Powered by Newspack', the WordPress-based publishing platform built by Automattic for news organizations. Newspack provides the publishing, membership, and donation infrastructure underlying the site.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Capital B competitors and assessment
Company assessmentDirect peers
- MLK50: Justice Through Journalism: MLK50 is a Black-led, nonprofit local newsroom in Memphis reporting on the intersection of race, poverty, and power. Direct comparable as a community-focused Black-led nonprofit news organization of similar scale.
- The 19th: The 19th is a nonprofit, independent newsroom reporting on gender, politics, and policy. It is a direct comparable as a similarly sized, donor-funded nonprofit digital outlet focused on an underserved community, and is also a content partner of Capital B.
- Block Club Chicago: Block Club Chicago is a nonprofit, member-funded local news outlet covering Chicago neighborhoods. Direct comparable as a nonprofit, donor-driven digital local newsroom using Newspack and a similar membership-and-donation revenue model.
- Grist: Grist is a nonprofit environmental news outlet. Comparable as a topic-specific nonprofit media outlet with a similar foundation/fellowship funding model, and a direct grant partner of Capital B on the 'Disconnected' series.
- Prism: Prism is a nonprofit news outlet reporting on racial justice and movement-media issues. Direct comparable as a movement-rooted nonprofit media outlet covering Black and marginalized communities, and named alongside Capital B in the same ecosystem.
- Word In Black: Word In Black is a collaborative of 10 Black-owned news outlets providing national coverage of Black communities. Direct comparable as a coalition of Black-led digital newsrooms serving the same audience Capital B targets.
- Scalawag: Scalawag is a nonprofit magazine and digital outlet covering the American South with a focus on Black, queer, and working-class communities. Direct comparable as a Black-led, movement-aligned Southern nonprofit newsroom in the same network as Capital B.
- Mississippi Free Press: Mississippi Free Press is a nonprofit digital news outlet covering Mississippi, including Black-community issues. Direct comparable as a nonprofit, regional, Black-focused digital newsroom and an active content partner of Capital B.
- The Marshall Project: The Marshall Project is a nonprofit, nonpartisan news organization covering criminal justice. Comparable as a thematic-overlap nonprofit newsroom with a similar donor/subscription revenue mix and award-winning investigative output.
Broad incumbents
- ProPublica: ProPublica is the largest U.S. nonprofit investigative newsroom. Comparable as the established nonprofit investigative benchmark Capital B's model aspires to, though ProPublica's scale and national scope are far broader.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks6 records
Key highlights6 records
Customer concentration
Capital B social profiles
Digital presenceCapital B compliance and trust
Trust signalCompliance2 records
Capital B financial estimates
Financial estimateRevenue estimate
Valuation estimate
Capital B leadership team
Management profileNumber of profiles
Profiles4 records
Capital B subsidiaries and ownership
Company hierarchySubsidiaries2 records
Capital B funding detail
Funding detailFunding overview
Funding rounds4 records
Investors4 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Capital B M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Capital B
What does Capital B do?
Capital B is a Black-led, nonprofit news organization that publishes free local and national journalism for Black communities across seven editorial verticals (Criminal Justice, Education, Environmental Justice, Health, Money, Politics & Policy, and Rural Issues). Its core deliverable is original reporting — including award-winning investigative series such as Dangerous Deliveries, The New Great Migration, and Disconnected: Rural Black America and the Digital Divide — delivered through a national website, dedicated local editions in Atlanta and Gary, and a free weekly email newsletter ("Seen & Heard"). The offering is sustained primarily by reader donations and memberships, with supplementary advertising and grant funding, and is distributed without paywalls or corporate sponsorship.
Is Capital B a public or private company?
Capital B is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Capital B founded?
Capital B was founded in 2021. It employs 11 to 50 people.
Where is Capital B based?
Capital B is headquartered in New York, United States, in the North America region.
How does Capital B make money?
Four revenue lines are on record. Donations and membership is the primary driver. The others are advertising, paid subscription services and grants and fellowships.
Who are Capital B's main competitors?
Direct peers on record are MLK50: Justice Through Journalism, The 19th, Block Club Chicago, Grist, Prism, Word In Black, Scalawag, Mississippi Free Press and The Marshall Project. ProPublica is listed as a broad incumbent.
Does Capital B have an API?
No public API is recorded for Capital B.
What industry is Capital B in?
Capital B's product category is Nonprofit Digital News Publishing. Its primary akta.pro industry code is MPAJADAA, National & General-Interest Newspapers (Print & Digital), with a secondary code of MPAJADAB, Local & Regional Newspapers (Print & Digital). Its NAICS code is 5131 and its SIC code is 2711.