Breef

Breef

Marketplace connecting brands with marketing agencies

About Breef

Simplify's Rating
Why Breef is rated
B-
Rated C on Competitive Edge
Rated B on Growth Potential
Rated B on Differentiation

Industries

Consulting

Enterprise Software

Company Size

11-50

Company Stage

Debt Financing

Total Funding

$19.5M

Headquarters

Denver, Colorado

Founded

2019

Overview

Breef connects brands with marketing and advertising agencies through an online marketplace. Businesses can post project briefs, and Breef curates a list of pre-vetted agencies that submit pitches for the projects. The platform manages the entire process, including communication and payments, making it easier for companies to outsource their marketing needs. Unlike other platforms, Breef focuses on a project-based model and ensures that all agencies are vetted, which helps brands find reliable partners quickly. The goal of Breef is to streamline the outsourcing process for brands of all sizes, enhancing efficiency in a distributed work environment.

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Significant Headcount Growth
Simplify Jobs

Simplify's Take

What believers are saying

  • Breef raised $16M to expand its platform and workforce by 2024.
  • The platform benefits from the rise of the gig economy and freelance work.
  • Breef's expansion into the UK and Australia opens new international markets.

What critics are saying

  • Emerging competitors like Tranch could draw clients away from Breef.
  • Doubling the workforce may lead to operational challenges and integration issues.
  • Reliance on venture capital funding may pressure Breef for quick financial returns.

What makes Breef unique

  • Breef connects brands with pre-vetted marketing agencies through a streamlined online platform.
  • The platform manages project workflow, communication, and payments within its proprietary system.
  • Breef's project-based model offers efficiency for distributed workforces and remote collaborations.

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Funding

Total Funding

$19.5M

Meets

Industry Average

Funded Over

3 Rounds

Debt funding comparison data is currently unavailable. We're working to provide this information soon!
Debt Funding Comparison
Coming Soon

Benefits

Company Equity

Paid Vacation

Remote Work Options

Competitive Compensation and Benefits

Growth & Insights and Company News

Headcount

6 month growth

6%

1 year growth

3%

2 year growth

-8%
PYMNTS
Nov 13th, 2023
Tranch Rolls Out Expanded B2B Payments Platform For Enterprise Clients

Tranch debuted an expanded version of its B2B payments platform to major enterprise clients in the United States. With the expanded product, law firms and other enterprise clients can leverage Tranch’s payment experiences for their own customers, the company said in a Monday (Nov. 13) press release. Tranch is a checkout platform tailored for the software and services industry, according to the release

TechCrunch
Feb 6th, 2023
Breef Raises $16M To Match Brands With Marketing Agencies

Breef, a platform that allows brands to manage and service marketing agency projects, today announced that it raised $16 million in a Series A round (an undisclosed portion of which was debt) led by Greycroft with participation from BDMI, UTA.VC, Afterpay’s Touch Ventures and UC Berkeley’s The House Fund. The new capital brings Breef’s total raised to $21 million, which co-founder and CEO George Raptis says will be put toward continuing to develop the company’s product and growing the size of Breef’s workforce from 30 people to roughly 60 by 2024.“Breef’s latest funding will be used to continue to evolve the product offering — a new ‘from the ground up’ platform is being launched with the funding announcement — and grow its global team, announcing its first international bases in the U.K. and Australia,” Raptis told TechCrunch via email. “The company will also invest further in its payment infrastructure, allowing structured payments for brands looking to ‘grow now, pay later.'”Breef was co-founded in 2019 by Emily Bibb and Raptis. Bibb previously worked in marketing and in-house ad agencies as well as startups such as PopSugar and VSCO. Meanwhile, Raptis helped to launch Credible.com, the online loan marketplace that was acquired by Fox in 2019.Both Bibb and Raptis attribute their wanting to start Breef to a shift in the way of agency work

Finsmes
Aug 23rd, 2021
Breef Raises $3.5M in Funding

Breef, a New York-based online platform for ad agencies, raised $3.5m in funding. The round was led by Greycroft with participation from Rackhouse Ventures, The House Fund, Lance Armstrong and 640 Oxford Ventures. The company, which has now raised $4.5m in total funding, intends to use the capital to continue to expand operations and its business reach. Co-founded by George […]

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