Boston-based Numerated, a financial technology company powering the digital transformation of business lending at banks, has raised $15 million in a Series B funding round.

Led by Patriot Financial Partners, the round also saw participation from existing backers, Venrock, FINTOP Capital, and Hyperplane.

Numerated will use the net proceeds from the financing round to further accelerate platform expansion and extend the business reach.

With the latest funding round, the company has so far raised total financing of more than $32 million.