About Breakaway
Breakaway is a venture capital firm founded in 2006. It is primarily based out of Boston, United States. As of Jul 2022, Breakaway has invested in 27 companies. It primarily invests in Series A round in United States based startups. Its investments are spread across a wide range of sectors from Retail to Consumer and High Tech. Most recently it participated in the $***** Series A round of XSET Overall, Breakaway portfolio has seen 1 IPO and 9 acquisitions including key companies like Sweetgreen, Spartan and Drizly. A lot of funds co-invest with Breakaway, with names like General Catalyst sharing a substantial percentage of its portfolio. Breakaway has team of 2 people including 1 partners.Key Metrics
Team Members
Portfolio Count
Portfolio Locations
Rounds of Entry
Series A & Seed
Portfolio IPOs
Portfolio Soonicorns
Breakaway's List of Top Investments
Breakaway has a portfolio of 27 companies. Their most notable investments are in IC Real Tech and IdeaPaint.Their portfolio spans across and United States. They have invested in Retail, Consumer, High Tech and 12 other sectors, across stages such as Series A, Seed stages. Here is the list of top investments by Breakaway:1. Sweetgreen
Restaurant chains offer salads and meal bowls. Its other products include chicken items, kid's meals, local food dishes, desserts, and drinks. It also provides customized food platters and supply network services.
Key facts about Sweetgreen
- Founded Year: 2006
- Location: Los Angeles (United States)
- Annual Revenue: $500M - $1B as on Dec 31, 2024
- Stage: Public
- Total Funding till date: $479M
- Employee Count: 2,842 as on Jul 31, 2026
- Investors: equitywestsecurities.com, T. Rowe Price and 43 Others
- Latest Funding Round: Series I, Sep 23, 2019, $*****
- Highlight: Public
2. Spartan
Organizer of obstacle course races and endurance events. It offers various race formats, including sprints, super, beast, and ultra races, catering to different fitness levels and experience. Participants can compete individually or as teams, with options for kids' races also available. Beyond races, the company provides training resources, fitness certifications, and merchandise. It also facilitates team building through group race participation and offers opportunities for fundraising through race participation. The company's events are designed to challenge participants physically and mentally, fostering a sense of community and accomplishment.
Key facts about Spartan
- Founded Year: 2006
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $22.4M
- Employee Count: 1,253 as on Mar 31, 2026
- Investors: Raptor Group, Breakaway and 4 Others
- Latest Funding Round: Series C, Dec 22, 2023, $*****
- Highlight: Acquired
3. Drizly
Drizly provides an on-demand alcohol delivery mobile application. The platform recommends liquors and alcohols based on customer preferences. It also offers delivery tracking. Users can also compare the pricing of liquors on the platform. The application is available for Android and iOS users. It offers whiskey, vodka, tequila, gin, rum, and more.
Key facts about Drizly
- Founded Year: 2012
- Location: Boston (United States)
- Stage: Acquired
- Total Funding till date: $117M
- Employee Count: 83 as on Jul 31, 2026
- Investors: Atlas Venture, Cava and 38 Others
- Latest Funding Round: Series C, Aug 20, 2020, $*****
- Highlight: Acquired
4. True Fit
Provider of an AI sizing platform for apparel and footwear retailers. The platform aims to eliminate sizing guesswork and increase shopper confidence. It offers personalized size recommendations based on shopper demographics and preferences. The platform provides size and fit guidance using purchase and keep data. It helps shoppers find the size that fits them best.
Key facts about True Fit
- Founded Year: 2009
- Location: Boston (United States)
- Stage: Series C
- Total Funding till date: $148M
- Employee Count: 123 as on Jul 31, 2026
- Investors: Cross Creek, Georgian and 11 Others
- Latest Funding Round: Conventional Debt, Dec 08, 2021, $*****
- Highlight: Editors' Pick
5. Yasso
Yasso is a manufacturer of probiotics based frozen Greek yogurt bars and candy bars. The company claims to offer 13 flavors in frozen bars, and 2 flavours in the candy bars category. It also claims that the products are all-natural including real Greek yogurt, rBST-free milk, and natural sweeteners. The products are available across multiple retail channels such as Walmart, Costco and others.
Key facts about Yasso
- Founded Year: 2009
- Location: Boulder (United States)
- Stage: Acquired
- Total Funding till date: $15.1M
- Employee Count: 26 as on Jul 31, 2026
- Investors: Stride Consumer, Raptor Group and 5 Others
- Latest Funding Round: Series B, Jan 16, 2017, $*****
- Highlight: Acquired
Breakaway's Year-on-Year Investment Trends
Breakaway has invested in 27 companies over the last 18 years, with an average of 0 new investment annually in the last 10 years. Its most recent first time investment was in XSET and most recent follow-on round was in Oath Craft Pizza.Breakaway's Investments by Stage
Breakaway has made 10 investments in Series A stage with an average round size of $12.1M and 1 investment in Seed stage with an average round size of $2.25M.Stage of entry | No. of Investments |
|---|---|
Series A | 10 |
Seed | 1 |
Note: We have considered here, only first round of investments
Breakaway's Investments by Sector
Breakaway has a diverse portfolio, with companies operating in the Consumer, Retail, Consumer Goods, High Tech and 3D Printing - Industry Applications. Notably, it has invested in 15 Consumer (B2C) companies, 11 Tech companies, 10 Enterprise (B2B) companies and at least 4 companies focusing on Software.Sector | No. of Investments |
|---|---|
Consumer | 6 |
Retail | 4 |
Consumer Goods | 2 |
High Tech | 2 |
3D Printing - Industry Applications | 1 |
Others | 9 |
Note: We have considered here, only first round of investments
Breakaway's Investments by Geography
Breakaway has made most investments in United States (11).Breakaway's recent investments
Breakaway has not made any investment in 2026 so far.Here are the most recent investments by Breakaway:
Filter this listDate | Company | Location | Round Details | Round Amount | Co-Investors |
|---|---|---|---|---|---|
Jul 19, 2022 | United States | Series A | 5474 | ||
Jun 08, 2017 | United States | Series B | 6131 | - | |
Sep 14, 2016 | United States | Series A | 7363 | - | |
Apr 11, 2016 | United States | Series A | 9489 | - | |
Nov 05, 2015 | United States | Series B | 3773 | [+2] |
IPOs and Publicly Listed companies in Breakaway's Portfolio
1 of Breakaway's portfolio company became public - Sweetgreen. It got listed on the New York Stock Exchange (NYSE), in Nov 2021 at marketcap of $3BHere are Breakaway's portfolio companies that went public:
Company | IPO Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
Nov 18, 2021 | - | - | 6736 |
Acquired companies in Breakaway's Portfolio
9 companies from Breakaway's portfolio have been acquired. The most recent acquisition was Velcro in May 2026 by Arsenal Capital Partners for $*****.Here are Breakaway's portfolio companies that got acquired most recently:
Company | Acquisition Date | First Invested on | First Round of Investment | Round Size |
|---|---|---|---|---|
May 01, 2026 | - | - | 2907 | |
Jun 14, 2023 | - | - | 2181 | |
Apr 27, 2021 | - | - | 6632 | |
Feb 02, 2021 | Jan 22, 2014 | Seed | 7284 | |
Mar 05, 2020 | - | - | 4411 |
Team profile of Breakaway
Breakaway has a team of 2 members located in United States. Breakaway's team does not sit on the board of any company as of now.Co-investors of Breakaway
Over the past 18 years, 77 investors have co-invested in Breakaway's portfolio companies. This includes funds and angels.
- Invested before Breakaway: MassChallenge, Atlas Venture and 9 others have invested in rounds before Breakaway. There is 1 company where MassChallenge has invested before Breakaway and 1 company where Atlas Venture has invested before Breakaway.
- Top Co-investors of Breakaway: 38 investors entered a company along with Breakaway. These include investors like General Catalyst (2 companies).
- Invested after Breakaway: A total of 28 investors have invested in Breakaway's portfolio after their investments. Top Investors include Suffolk Equity Partners (2 companies), Continental Investors (1 company) and Vayner/RSE (1 company).
Recent News related to Breakaway
•
XSET Completes $15M Series A Funding Led by LightWork Worldwide to Continue Their Growth as a Leading Gaming Lifestyle BrandPR Newswire•Jul 19, 2022•XSET, Light Work World Wide, Alpha Sigma Capital, APEX Capital and 19 others
•
EveryBodyFights Receives Investment from Venture Capital Firm BreakawayClub Industry•Feb 25, 2022•Everybodyfights, Breakaway
•
Venture Capital Access Online | Venture Capital NewsVCA Online•Apr 12, 2016•Everybodyfights, Breakaway
•
M.Gemi Raises $18 Million In Series B FundingPR Newswire•Nov 05, 2015•M.Gemi, Accel, General Catalyst, Forerunner Ventures and 1 other
•
M.Gemi Shoe Brand Raises $18M in Series B Funding – Footwear NewsFootwear•Nov 05, 2015•M.Gemi, Accel, General Catalyst, Forerunner Ventures and 1 other
•
•
M.Gemi Raises $18M in Series B Funding |FinSMEsFinSMEs•Nov 05, 2015•M.Gemi, Accel, General Catalyst, Forerunner Ventures and 1 other
•
IC Real Tech Closes $15 Million Investment Round | Business WireBusiness Wire•Jun 04, 2015•IC Real Tech, Breakaway
•
Breakaway Capital Announces Closing of Financing for IC Real Tech, Inc.Breakaway Capital•May 29, 2015•IC Real Tech, Breakaway
•
