Reserv, Inc., a tech-enabled third-party administrator (TPA) based in New York, has revealed an extension of its oversubscribed series B round to cater to high demand. The company announced an additional $16 million has been raised, increasing the total Series B round to $41 million. This decision comes as a result of Reserv's impressive growth in the last six months, as well as its strategic alignment with multiple new investors and a significant surge in customer demand for Reserv products. The added funding signifies a strong investor momentum for the company.