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Venture Capital News: Breef Raises $16M Series A Round

2023-02-07
NEW YORK, NY, Breef, the world's first online agency marketplace, has announced $16 million in new funding led by Greycroft.
The platform has transformed project outsourcing for global brands and emerging businesses by facilitating agency connections in under seven days - through a combination of proprietary technology and payment innovations. Total investment to date is $21 million.

Breef's Series A is led by Greycroft. Breef has also welcomed strategic investment from leading funds including BDMI (part of media powerhouse Bertelsmann), Touch Ventures, UTA.VC (United Talent Agency Ventures), The House Fund, Rackhouse Ventures and Burst Capital.

Founded in 2019 by Emily Bibb and George Raptis, Breef is redefining the future of work by taking the agency online. The company's technology is the first of its kind to streamline the agency outsourcing process and facilitate high-value, high-growth projects. Breef's proprietary platform allows brands to manage and service all agency projects, pitches and payments, facilitating efficiencies within today's distributed workforce. The platform hosts more than 10,000 vetted agencies, thousands of world-leading brands, and has now passed $100 million in project value created on the platform.
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