What is Breather?
Founded in 2012 and headquartered in Montreal, Canada, Breather operates as a specialized provider of on-demand workspace solutions. By leveraging a technology-first approach to real estate, the company offers a seamless digital interface for users to access private, professional environments. This model addresses the evolving needs of a mobile workforce, positioning Breather as a critical infrastructure partner for businesses seeking flexibility and efficiency in their physical office footprint. The company's market position is defined by its ability to bridge the gap between traditional commercial leasing and the demand for agile, short-term workspace access.
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 Slow Ventures, RRE Ventures, and Vayner Capital
Series B (2015): $20M featuring Valar Ventures, Slow Ventures, Real Ventures, RRE Ventures, and SOS Ventures
Series C (2016): $40M backed by RRE Ventures, Slow Ventures, Menlo Ventures, Valar Ventures, and Real Ventures
Private Equity (2018): $45M with participation from Caisse de depot et placemenut du Quebec, Ascendas-Singbridge, Temasek, and Menlo Ventures
Key Investors in Breather
RRE Ventures
RRE Ventures is a venture capital firm dedicated to supporting founders at critical stages of their business journey, focusing on long-term partnerships and innovative ideas.
Valar Ventures
Valar Ventures is an investment firm focused on high-margin, fast-growing technology companies globally, providing comprehensive support to their portfolio companies.
Menlo Ventures
Menlo Ventures is a Menlo Park-based venture capital firm that invests in early and growth-stage technology companies across sectors such as enterprise software and infrastructure.
What's next for Breather?
Following its latest capital injection, Breather is well-positioned to accelerate its expansion into key urban markets. The strategic focus will likely shift toward enhancing its proprietary booking platform and optimizing space utilization through data-driven insights. As the company matures, the integration of enterprise-grade amenities and the expansion of its footprint in high-density business districts will be paramount. By maintaining a focus on operational excellence and user experience, Breather aims to solidify its status as a leader in the flexible office industry, catering to the increasing demand for hybrid work environments and decentralized corporate operations.
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