Paris, France-based provider of the application connecting self-employed professionals and businesses for short-term missions, Brigad raised EUR 33 million in recent funding. The company announced the fundraise on February 16, 2023. Balderton Capital led the financing for the company. Meanwhile, Wendel Group, Serena Capital and Square Capital joined in the round.
Purpose of financing for Brigad
With the latest capital injection, Brigad seeks to expand operations and its business reach in France and the U.K. Meanwhile, the company has plans to tap into new markets.
Brigad also aims to grow operations to scale the marketplace.
What the company’s officials have to say
Co-founder and CEO Florent Malbranche said, “The labour market has experienced profound changes in the last two to three years, and the hospitality industry is living with the fallout. We can’t afford to lose a generation of skilled hospitality industry staff, and Brigad’s platform means we don’t have to.”
He further said, “Brigad’s mission is to make work attractive and accessible to all, and that means we respect and value the professional talent on our platform, providing them with missions that suit their skills and higher rates of pay. Working in hospitality is a career, and the best establishments – whether family-owned or global brands – want highly skilled talent on their teams, ensuring their own high standards are upheld, their customers are happy and return, and long-term, their businesses are successful and sustainable.”
In addition, Brigad talent and Head Chef, Wolfe Conyngham, said, “I used to work crazy hours. I was always feeling burnt out, and now that I have the choice, I have a balanced work life. I get to take my kids to school in the morning! This was never the case before.”
What the investor has to add
David Thevenon, Partner at Balderton Capital, said, “We are delighted to be supporting this team and their vision for the future of work. For so many organisations, finding qualified workers to fill their rotas can be a total nightmare. Brigad solves this problem at scale, offering workers the flexibility and recognition they deserve. We look forward to the journey ahead.”
About the company
In 2015, Founders Alexandre Rovetto, Florent Malbranche, and Jean Lebrument launched the company. The Parisian startup seeks to revolutionise a new approach to hospitality recruitment, shaping it to fit with the casualisation of the industry and improve employee satisfaction. Leading hotels and restaurants such as Berkeley Hotel in London, The Ritz, Isabel Mayfair, Mosaic Pubs, Sketch, Nobu and more use the company’s platform.
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