Breather, Montreal Startup similar to WeWork, raises $60m

Quebec based startup Breather, a network of beautifully designed workspaces offering individuals and businesses practical, distraction-free spaces, with more than 500 Locations worldwide and growing, raised $60m Canadian.

We have profiled Breather before and you can access the article here.

This $60m will bring the total money raised to $120m. Most of the financing was done by the Caisse de dépôt et placement du Québec as well as Singapore wealth fund Temasek and several U.S. venture capital firms.

"Our customers include businesses of every size, from growing startups to leading enterprise organizations, to provide space solutions that scale to their needs," said Julien Smith, founder and CEO of Breather. "Breather enables businesses to access the space they need when they need it, with the freedom to scale usage up or down when they want to. Working with our new equity partners increases our capacity to bring that freedom to even more businesses worldwide."

The company is notably present in New York City, San Francisco, Toronto, and London, and revolutionizing the way in which companies utilize space. About 40% of its spaces are concentrated in NYC.

Now would be a good time to apply for jobs with Breather, as their current company's size is about 250, and their team keeps on doubling every year.