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Capital B

Full company profile

uuid0000dzp

Namestring
Capital B
Legal namestring
Capital B News, Inc.
Company typeenum
Private
Founded yearint
2021
Descriptiontext

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).'

Short descriptiontext

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.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
11–50
akta.pro rankint
HeadquartersNew York, United States
HQ citystring
New York
HQ countrystring
United States
HQ regionstring
North America
Markets served

Serves global market

Offices3 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
nonprofit news publishing, Black community journalism, investigative reporting series, local news reporting, weekly newsletter media
Industry2 codes
1National & General-Interest Newspapers (Print & Digital)
CodeMPAJADAAPrimaryYes
2Local & Regional Newspapers (Print & Digital)
CodeMPAJADABPrimaryNo
NAICS code2 codes
  • Newspaper, Periodical, Book, and Directory Publishers5131
  • Periodical Publishers51312
SIC code2 codes
  • Newspapers: Publishing Or Publishing & Printing2711
  • Periodicals: Publishing Or Publishing & Printing2721
Product category
Nonprofit Digital News Publishing
GTM motion1 record

Each record includes

Type, Description, Source

Revenue model4 records
1Donations and membership
TypeSubscription Recurring
Description

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).

capitalbnews.org
2Advertising
TypeAdvertising
Description

Site allows advertisers to display advertisements in areas such as sidebar and banner placements and operates an 'Advertise With Us' intake ([email protected]).

capitalbnews.org
3Paid subscription services
TypeSubscription Recurring
Description

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.

capitalbnews.org
4Grants and fellowships
TypeManaged Services
Description

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).

capitalbnews.org
Marketing channels6 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Pricing details2 tiers
1Free reader access with optional tax-deductible donation / membership
ModelFreemiumBilling cadencePay-as-you-go
Notes

No paywalls stated; readers invited to give one-time gifts or become members. Newsletter 'Seen & Heard' is free weekly.

capitalbnews.org
2Subscription Services (paid, third-party processor)
ModelSubscriptionBilling cadenceMulti-year contract
Notes

Subscription Services available via third-party service providers for fixed terms; fees and tiers not publicly disclosed in source. Company may change or institute new subscription fees at its discretion.

capitalbnews.org
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 of 2 records shown
1Capital B Atlanta
Description

Local Capital B newsroom covering Atlanta, Georgia and the surrounding region for Black communities.

capitalbnews.org
+1 more record
Core offering1 text field

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.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 of 4 values shown
  • 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 records
Product overview1 text field

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.

Product and service7 records
1Capital B News (national digital publication)
CategoryCore product (digital news publication)
Description

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.

2Capital B Atlanta
CategoryLocal newsroom edition
Description

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.

3Capital B Gary
CategoryLocal newsroom edition
Description

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.

4Seen & Heard weekly newsletter
CategoryEmail newsletter product
Description

A free weekly email newsletter distributing the biggest stories of Black America to subscribers, serving as Capital B's primary recurring reader-engagement product.

5Dangerous Deliveries (investigative series)
CategorySpecial investigative series
Description

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.

6The New Great Migration (editorial series)
CategorySpecial editorial series
Description

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.

7Disconnected: Rural Black America and the Digital Divide (investigative series)
CategorySpecial investigative series
Description

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.

Scale indicator5 records

Each record includes

Type, Value, Description, Source

Partnership9 partners
Strategic tierFlagshipTypeGTM or Marketing Partner
Description

Capital 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.

Strategic tierCoreTypeGTM or Marketing Partner
Description

KFF 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).

Strategic tierCoreTypeGTM or Marketing Partner
Description

InvestigateTV'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.

Strategic tierCoreTypeGTM or Marketing Partner
Description

Houston 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.

Strategic tierCoreTypeGTM or Marketing Partner
Description

AP Health Writer Kenya Hunter contributes original reporting that appears on Capital B (e.g., rural communities of color and health care access).

6The 19th
Strategic tierCoreTypeGTM or Marketing Partner
Description

The 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.

capitalbnews.org
Strategic tierCoreTypeGTM or Marketing Partner
Description

Grist 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).

Strategic tierMinorTypeGTM or Marketing Partner
Description

Mississippi 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.

Strategic tierFlagshipTypeTechnology or Integration
Description

Capital 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.

Recent move6 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight6 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

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.

2The 19th
TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

5Prism
TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeBroad incumbent
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

TypeDirect peer
Description

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.

Market position
Strengths4 records

Each record includes

Headline, Details, Source

Weaknesses4 records

Each record includes

Headline, Details, Source

Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment4 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile4 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature3 records

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles4 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries2 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

Compliance2 records

Each record includes

Name, Class, Description

Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds4 records

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors4 records

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Capital B

Nonprofit Digital News Publishingcapitalbnews.org

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.

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

  • Nonprofit news publishing
  • Black community journalism
  • Investigative reporting series
  • Local news reporting
  • Weekly newsletter media

Where Capital B is headquartered

Location

Headquarters

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

  1. 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).
  2. Advertising: Site allows advertisers to display advertisements in areas such as sidebar and banner placements and operates an 'Advertise With Us' intake ([email protected]).
  3. 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.
  4. 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

ModelBillingPrice
FreemiumPay-as-you-goFree reader access with optional tax-deductible donation / membership
SubscriptionMulti-year contractSubscription Services (paid, third-party processor)

Go-to-market motion1 record

Distribution channels1 record

Marketing channels6 records

Capital B product offering

Product offering

Core 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 profile

Segments4 records

Ideal customer profiles4 records

Capital B technology and API

Technology

Technology 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 signal

Partnerships

Nine partnerships are on record, tiered flagship, core and minor.

  • National Association of Black Journalists (NABJ)flagshipGTM or Marketing PartnerCapital 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 NewscoreGTM or Marketing PartnerKFF 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).
  • InvestigateTVcoreGTM or Marketing PartnerInvestigateTV'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 LandingcoreGTM or Marketing PartnerHouston 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)coreGTM or Marketing PartnerAP Health Writer Kenya Hunter contributes original reporting that appears on Capital B (e.g., rural communities of color and health care access).
  • The 19thcoreGTM or Marketing PartnerThe 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 / VoxcoreGTM or Marketing PartnerGrist 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 PressminorGTM or Marketing PartnerMississippi 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)flagshipTechnology or IntegrationCapital 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 assessment

Direct 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 presence

Capital B compliance and trust

Trust signal

Compliance2 records

Capital B financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Capital B leadership team

Management profile

Number of profiles

Profiles4 records

Capital B subsidiaries and ownership

Company hierarchy

Subsidiaries2 records

Capital B funding detail

Funding detail

Funding 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 investment

M&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.

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CoinTelegraphCrypto Biz: Strategy’s Bitcoin Sale Shakes Treasury Trade AssumptionsStrategy disclosed its first Bitcoin sale of 32 BTC, challenging the 'never sell' narrative and causing MSTR shares to fall. JPMorgan CEO Jamie Dimon opposed the CLARITY Act, while Capital B sought shareholder approval for a $122 billion fundraising mandate. The sale reignited debate over how Bitcoin treasury companies should be valued.FinanceFeedsCapital B Eyes a Staggering €5 Billion Bitcoin BetCapital B asked shareholders to approve up to €5 billion in new stock issuance and €100 billion in credit instruments to fund additional Bitcoin purchases. The company holds 3,139 BTC at an average cost of €90,418, and the proposal would authorize up to 125 billion new shares. Voting is open until June 17.CoinTelegraphCapital B Seeks $122B Funding Mandate for Bitcoin BuysCapital B is seeking shareholder approval for up to $122 billion in capital-raising authority to accelerate Bitcoin acquisitions. The company holds 3,139 BTC, and its shares fell 7% on the announcement. The motion is set for a shareholder meeting on June 17.Panewslab融资周报 | 公开融资事件13起,Circle旗下公链Arc融资2.22亿美元,估值约30亿美元Global blockchain funding totaled over $530 million in 13 events during the week of May 11-17. Circle's Arc token presale raised $222 million, valuing the network at about $3 billion. Other notable rounds included Elliptic's $120 million at $670 million valuation and Fasset's $51 million B round.CoinTelegraphCapital B Acquires 192 Bitcoin to Reach 3,135 BTC in Total HoldingsCapital B acquired 192 BTC for $15.2 million, bringing its total holdings to 3,135 BTC. The purchase was one of four corporate Bitcoin investments announced in May, and the company's shares fell about 2.4% on the news.CoinTelegraphCapital B Raises $17.8M to Fuel More Bitcoin BuysCapital B raised $17.8 million from investors including Adam Back and TOBAM to expand its Bitcoin treasury. The proceeds could add 182 BTC, potentially lifting holdings to 3,125 BTC. The company's shares rose 4.3% after the announcement.Non Profit NewsWhen Broadcast News Abandons the Climate Beat, Movement Media Steps InIn 2025, corporate broadcast networks aired just eight hours of climate coverage across an entire year—a 35 percent drop from the year before—according to a Media Matters for America analysis, even as climate disasters intensified and federal climate policy entered aggressive rollback. CBS dismantled much of its climate reporting capacity in late 2025 after installing Bari Weiss, who previously founded The Free Press, as editor in chief, signaling a structural shift away from climate as a core editorial beat. Independent and movement-rooted media outlets—including Counterstream Media, Capital B, Prism, Scalawag, and NPQ—are stepping into the gap with justice-centered climate reporting that centers frontline communities and systemic drivers.CoinTelegraphCapital B Raises $1.2M from Adam Back to Fuel Bitcoin Treasury StrategyCapital B raised $1.28 million from Blockstream CEO Adam Back via warrant issuance, increasing his stake to 9.97% of the company. The funds will accelerate its Bitcoin treasury strategy, and the stock rose 6.5% on the announcement.BitcoinCapital B Completes Capital Increase and Acquires 44 Additional Bitcoin, Now Holds 2,888 BTCFrance-based Capital B (The Blockchain Group) completed an At-the-Market capital increase and warrant issuances on March 23, 2026, in partnership with TOBAM and UTXO Management, acquiring 44 additional Bitcoin for $3.12 million (€2.7 million). The company's total Bitcoin holdings now stand at 2,888 BTC, valued at $309.34 million (€267.1 million), with a year-to-date BTC yield of 0.72% and a total BTC gain of 20.4 tokens.WearecapitalprepCapital Prep Harlem Earns 5-Year Charter Renewal from SUNYCapital Prep Harlem has been granted a five-year charter renewal by the SUNY Board of Trustees on March 3, 2026, reaffirming its commitment to providing rigorous, college-preparatory education to underserved youth in New York City since opening in 2016. The renewal follows Capital Prep Bronx's five-year renewal in April 2025, reinforcing the strength and sustained impact of the Capital Prep Schools NY network. The network continues to expand with Capital Prep New Rochelle opening in fall.