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Subject: PER

Breather Appoints New CEO to Accelerate Company's Growth in Flexible Workspace Market


NEW YORK, Jan. 17, 2019 /CNW/ -- Real estate tech company Breather has appointed SaaS and e-commerce veteran, Bryan Murphy, as its new chief executive officer. With deep experience scaling new models in traditional industries, Murphy will drive the company's expansion following a recent $45 million funding round that brought total funds raised to $122 million. Breather provides on-demand access to private workspaces, filling a gap in the real estate market for companies that don't want to take on the burden of a long term lease, but for whom coworking isn't ideal. 

Breather's month-to-month office space at 564 Market Street in San Francisco's Financial District accommodates a business up to 28 people.

Breather enables tenants to search, discover, book, pay and access over 500 private spaces in 10 markets globally with the click of a button. Breather offers a global network of meeting spaces as well as private office space with a month-to-month commitment so businesses can scale in a space that can grow with them.

Murphy's appointment is supported by Breather's founding CEO, Julien Smith, who remains with the company as chairman of the board.

"When I founded Breather in 2012, my strengths were vital in building a company that could innovate to address the changing workspace needs for growing companies and smarter cities," said Smith. "As we've reached a new phase of growth ourselves, it's become clear to me that bringing on an executive with experience growing businesses to global magnitude would be the best thing for Breather. Bryan's record of scaling brands in competitive markets makes him an ideal leader to support this momentum, and I'm excited to see where he takes us next."

Most recently, Murphy was founder and president of mattress startup, Tomorrow Sleep, a Serta Simmons company. Prior to that, he was a vice president at eBay, responsible for its vertical businesses. Murphy joined eBay's leadership team after selling WHI Solutions, a SaaS and e-commerce company of which he was co-founder and CEO, to eBay in 2012.

"Breather has built a remarkable commercial real estate e-commerce and services platform that offers one-click access to over 500 workspaces around the world," said Murphy. "To our customers, having access to workspace that is turnkey, affordable, beautiful, productive and that can flex up and down based on needs is a total game changer."

Since 2012, Breather has served more than 500,000 clients from startups to established brands like American Express, Spotify, Away, and Tesla. Customers continue to return to Breather for its true flexibility, world class service and thoughtful design: the company employs real estate experts and academics with credentials in spatial productivity to ensure office location, design and amenities fuel effective work.

In 2019, Breather will continue to open new spaces around the world, partnering with forward-thinking landlords that want to add flexible space to their portfolios while maintaining traditional rental models and lease cycles. Breather's platform allows landlords and building tenants to seamlessly plug into its real-time digital booking and access system, providing a value-adding amenity requiring minimal maintenance or management.

ABOUT BREATHER
Breather is the leading provider of space-as-a-service, with its growing network of private workspaces built for productivity. Breather gives businesses like Google, Spotify, and Airbnb access to a variety of workspace solutions on the most flexible terms ? by the hour, day or month with hundreds of spaces available across 10 cities including New York, San Francisco, Los Angeles, and London. Powered by its proprietary technology, Breather makes it easy to find space for quick meetings and full-day offsites, or longer-term solutions for an entire office. Explore spaces at Breather.com and office spaces at BreatherOffices.com.

 

Breather CEO Bryan Murphy

SOURCE Breather


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