Breakaway closes Series B funding, ignites global expansion
Achieving a major milestone in their bid for global expansion, independent live-entertainment brand Breakaway has raised a Series B funding round at a nine-figure valuation.
Marking its second major institutional raise in four years, Breakaway has now announced that it has closed a Series B funding round at a nine-figure valuation. Reflecting the strong investor confidence in both the company and the ever-expanding live entertainment industry, the announcement was also featured by NASDAQ in Times Square during an ‘Live from MarketSite’ interview with Breakaways co-founders, Adam Lynn and Zach Ruben, as well as CRO, William Van Orsdel.
A funding that will now allow this leading live-entertainment brand to expand into global territories, Breakaway has truly set the standards within the industry and beyond, and when gaining support of such significance, it’s only a matter of time until the company reaches new heights. From worldwide expansion, with Asia the prime focus as of now, to hiring experienced executives that can scale their operations across live events, recorded music, and digital media; Breakaway has set out on strengthening its “entertainment flywheel,” as they look to build on their existing festival model while expanding into new markets and formats.
Positioning itself for continued growth on both a domestic and international level, Breakaway has become a force to reckon with in multi-city festivals, and with their track record in the US being one to envy, it only makes sense that their success will now follow through on a global scale. Adding to its touring festivals, the development of pop-up events, as well as their very own record label that focuses on emerging artists, has truly set them aside; so with 2026 now in full flow, and already underway across 13 cities in the US, Breakaway are well on the rise, and we are all for it. Find out more on their official website here.
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