Breef raises $16M in new funding
NEW YORK, UNITED STATES — Online agency marketplace Breef has secured US$16 million in fresh funding, bringing the total investment to date to US$21 million.
Greycroft led the round with participation from BDMI Touch Ventures, UTA.VC, The House Fund, Rackhouse Ventures and Burst Capital.
Announcing its first international bases in Australia and the UK, Breef aims to use the funding to expand its global team and transform its product offering. It also plans to invest more in Breefpay, its industry-first payment infrastructure.
Breef provides a digital platform that simplifies the agency outsourcing process. It facilitates projects from planning and pitching to payments.
Founded in 2019, the company has now achieved $100 million in platform-generated project value.
