How Much Did Brigad Raise?
Funding & Key Investors

Brigad, a prominent player in the digital labor market, has successfully secured a major strategic investment, bringing its total capital accumulation to $32.3M. This latest injection of $30M underscores the company's robust growth trajectory and its increasing influence within the European workforce management sector. By facilitating seamless connections between businesses and short-term professionals, Brigad has established itself as a critical infrastructure provider for the modern, flexible economy.

The company's financial journey reflects a steady maturation, moving from its initial Series A round in 2017 to this recent enterprise-level funding. This capital infusion serves as a testament to the scalability of its platform and the persistent demand for agile staffing solutions in an increasingly volatile global labor market.

What is Brigad?

Brigad
Business ServicesHuman Resources Management Systems (HRMS)

Founded in 2016, Brigad operates as a sophisticated digital platform designed to solve the persistent friction in short-term hiring. While the company initially gained significant traction within the hospitality industry, its operational model is inherently designed for cross-sector expansion. By prioritizing a liberated work lifestyle and integrating corporate social responsibility into its core architecture, Brigad distinguishes itself from traditional staffing agencies. The platform provides a dual-sided marketplace that empowers businesses to maintain operational continuity while offering professionals unprecedented control over their schedules and career paths.

How much funding has Brigad raised?

Brigad has raised a total of $32.3M across 2 funding rounds:

2017

Series A

$2.3M

2023

Unspecified

$30M

Series A (2017): $2.3M with participation from 50 Partners and Square Capital

Unspecified (2023): $30M led by Serena, Square Capital, Balderton 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, with a strong emphasis on the French and European tech ecosystems.

Balderton Capital

Balderton Capital is a London-based venture capital firm that exclusively backs European-founded technology companies, providing both capital and extensive operational support to help startups scale to IPO.

Wendel

Wendel Group is a long-standing Paris-based investment firm with a history dating back to 1704, specializing in long-term capital deployment across industrial and service-oriented sectors.

What's next for Brigad?

With the backing of major institutional investors, Brigad is positioned to accelerate its expansion beyond the hospitality sector. The strategic focus for the coming quarters will likely involve deepening its technological moat, enhancing its algorithmic matching capabilities, and scaling its presence across new European markets. As the company transitions into this next phase of growth, the emphasis will remain on refining the user experience for both enterprises and independent workers, ensuring that the platform remains the preferred choice for high-velocity, short-term talent acquisition. The infusion of capital provides the necessary runway to explore new verticals and solidify its market leadership in the evolving landscape of work.

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Frequently Asked Questions Regarding Brigad Financial Insights

What are the most recent funding rounds that Brigad has completed, and what were the funding rounds?
Brigad has recently completed 2 funding rounds: Unspecified on Feb 16, 2023, Series A on Mar 5, 2017.
What is the total amount of funding Brigad has raised to date?
Brigad has raised a total of $32.3M in funding to date.
How many funding rounds has Brigad completed?
Brigad has completed 2 funding rounds.
How much funding did Brigad raise in its most recent funding round?
Brigad raised $30M in its most recent funding round.
Who are the lead investors in Brigad's latest funding round?
The lead investor in Brigad's latest funding round was Serena. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Brigad's history?
The largest funding round in Brigad's history was $30M.
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