What is Breather?
Breather operates as an app and a comprehensive provider of space-as-a-service, specializing in the creation of private, on-demand workspaces designed for enhanced productivity. Founded in 2012 and headquartered in Montreal, Canada, the company has developed a network of accessible and well-equipped private offices. Its service caters to the evolving needs of modern professionals and businesses seeking flexible, professional environments without the long-term commitments of traditional office leases. The company's focus on delivering a seamless user experience through its digital platform, coupled with its physical workspace solutions, positions it as a key player in the burgeoning flexible office sector.
How much funding has Breather raised?
Breather has raised a total of $113.2M across 6 funding rounds:
Angel/Seed
$1.5M
Private Equity
$740K
Series A
$6M
Series B
$20M
Series C
$40M
Private Equity
$45M
Angel/Seed (2013): $1.5M with participation from Real Ventures
Private Equity (2013): $740K, investors not publicly disclosed
Series A (2014): $6M supported by RRE Ventures, Vayner Capital, and Slow Ventures
Series B (2015): $20M featuring Real Ventures, RRE Ventures, Slow Ventures, Valar Ventures, and SOS Ventures
Series C (2016): $40M backed by RRE Ventures, Slow Ventures, Valar Ventures, Real Ventures, and Menlo Ventures
Private Equity (2018): $45M with participation from Menlo Ventures, Ascendas-Singbridge, Caisse de depot et placemenut du Quebec, and Temasek
Key Investors in Breather
Menlo Ventures
Menlo Ventures is a venture capital firm that invests in early and growth-stage technology companies, partnering with founders through multiple stages of scale. They focus on sectors including enterprise software, consumer internet, and fintech.
Temasek
Temasek is a global investment company headquartered in Singapore, focused on making a difference with a long-term, generational investment approach. Founded in 1974, it invests across various sectors with a forward-looking perspective.
RRE Ventures
RRE Ventures is a venture capital firm dedicated to supporting founders at critical stages of their business journey, investing in a diverse portfolio of startups. They focus on long-term partnerships with entrepreneurs and innovative ideas.
What's next for Breather?
The substantial enterprise-level funding and recent strategic investment signal a pivotal phase for Breather. This capital infusion is likely to fuel further expansion of its workspace network, enhance its technological infrastructure, and potentially explore new service offerings or geographic markets. With a clear focus on providing productive private spaces, Breather is well-positioned to capitalize on the ongoing shift towards flexible work arrangements. Future growth may involve strategic partnerships, further technological innovation to optimize space utilization and user experience, and continued efforts to solidify its market leadership in the space-as-a-service domain.
See full Breather company page
