Flexible Workspace Provider Breather Raises $45 Million In Funding
Breather, a global provider of flexible and private workspace solutions, secured approximately $45 million in financing led by Menlo Ventures. Other firms participating in the round include la Caisse de dépôt et placement du Québec, Ascendas-Singbridge, and Temasek.
Breather claims to have achieved success partnering with landlords in each of its markets to create private workspace solutions for their growing portfolios. While its proprietary booking and access technology are key drivers of flexibility, the company is also focused on a robust yield management system run by machine learning. This unique aspect of the Breather approach is an area of focus as they optimize their modular real estate solutions for companies of all sizes.