Breef
205 Hudson St., FL 7, New York, NY, 10013, United States
Overview
Breef is the world’s first online agency marketplace that connects brands with vetted boutique agencies via proprietary technology and payment innovations. The platform hosts more than 10,000 agencies across 25 countries and has passed $100 million in project value, serving clients from Pantone and Spotify to Heineken and emerging brands like Byte and Flying Embers. It streamlines planning, scoping, pitching and payments, delivering agency pitches within seven days and replacing net-30 terms with same-day payments through BreefPay. Breef says brands save an average of 35% in fees per project through competitive pricing and shortened timelines. The company will use new funding to evolve the product, roll out a new platform experience, expand its global team and open its first international bases in the UK and Australia, and invest further in its payment infrastructure and partner integrations. Founded in 2019 and headquartered in New York City and Aspen, CO, Breef has raised $21 million to date. Breef operates an online marketplace that matches brands with boutique ad agencies and streamlines planning, scoping, pitching and payments. The platform focuses on team-based projects rather than small freelance jobs, with average engagements of about $25,000 and six months in length. The company reports millions of dollars in projects created on the platform each month and hosts more than 5,000 vetted boutique agencies across 20 countries. Breef says users save an average of 32% in product costs versus traditional agency models and counts customers including Spotify, Brex, Shutterstock, Bluestone Lane and Kinrgy. It launched Breef(pay), a buy-now-pay-later project funding service to ease agency cash-flow and payment terms. The founders plan to continue developing the technology and hiring talent to make the system secure and scalable.
- Total raised
- $20M
- Funding rounds
- 2
- Latest round
- Series A
- Latest activity
- Feb 2023
Industries
- Communities
- Coworking
- Outsourcing
- Virtual Workforce
Recent funding
Series A
Feb 2023
$16M
Equity
Aug 2021
$4M