What is Brigad?
Brigad, founded in January 2016, operates within the hospitality industry, addressing the challenge businesses face in hiring short-term employees. The company champions a more flexible and liberated work lifestyle, while also emphasizing corporate social responsibility within its work platform. Brigad's initial focus on hospitality is set to expand into other industries in the coming months and years, indicating a strategic diversification plan.
How much funding has Brigad raised?
Brigad has raised a total of $32.3M across 2 funding rounds:
Series A
$2.3M
Unspecified
$30M
Series A (2017): $2.3M with participation from Square Capital and 50 Partners
Unspecified (2023): $30M led by Serena, Balderton Capital, Square Capital, and Wendel
Key Investors in Brigad
Serena
Serena is a venture capital firm founded in 2008 that focuses on supporting innovative and ambitious entrepreneurs in building scalable digital businesses. The firm invests primarily in Europe, particularly in France, and targets companies in various sectors, including DeepTech, enterprise software, and marketplaces.
Balderton Capital
Balderton Capital is a company that operates in the Venture Capital & Private Equity industry. It employs 20to49 people and has 1Mto5M of revenue. The company is headquartered in London, Greater London, United Kingdom.
Square Capital
We are one stop shop for all types of lending solutions. We manage the entire borrowing process for clients, starting by assisting our clients to choose the right product from the appropriate lending organization, till the time, the entire loan is disbursed.
What's next for Brigad?
The recent major strategic investment positions Brigad for accelerated growth and market penetration. With a foundation built on addressing critical hiring needs in the hospitality sector, the company is poised to leverage this capital to scale its operations and extend its innovative platform to new industries. This funding round is indicative of Brigad's strong market potential and its commitment to reshaping flexible employment solutions.
See full Brigad company page
