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BRAVE
Brave
Web browser and digital advertising · United States · Founded · 2015 · ≈ · 353 · employees

Brave Funding — Last Valued at $1.4B

Private

Brave has raised $156M across 4 funding rounds, plus 1 undated round. The latest round valued Brave at $1.4B post-money, with Alameda Research on the lead line.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Brave funding · at a glance
Total raised, all rounds
$156M
sum of disclosed sizes
Funding rounds
4
plus 1 undated round
Latest round
$1.4B
post-money · Jun 2023
Lead on that event
Alameda Research
lead investor
2023
About Brave

Brave's $60 million Series B round was led by Alameda Research. The investment followed the browser's early adoption of the Basic Attention Token, which lets Brave reward users with cryptocurrency for viewing privacy-respecting ads.

Funding timeline

The Brave funding timeline

4 funding rounds, the latest highlighted.

2015
Brave founded

Brave was founded in 2015, United States.

UNDATED
ICO

No date is disclosed for this round.

AUG 2016
Seed

A primary round — the company sells new shares to investors it selects. $7M raised, led by Founders Fund, Propel Venture Partners, Pantera Capital, Foundation Capital, Digital Currency Group.

Valuation basisAmount$7MPrice / shareLeadFounders Fund, Propel Venture Partners, Pantera Capital, Foundation Capital, Digital Currency Group
JUN 2018
Series A

A primary round — the company sells new shares to investors it selects. $4M raised, led by Founders Fund.

Valuation basisAmount$4MPrice / shareLeadFounders Fund
FEB 2022
Series A at $980M post-money

A primary round — the company sells new shares to investors it selects. $50M raised, led by Page One Ventures.

Valuation basispost-moneyAmount$50MPrice / shareLeadPage One Ventures
JUN 2023LATEST
Series B at $1.4B post-money

A primary round — the company sells new shares to investors it selects. $60M raised, led by Alameda Research.

Valuation basispost-moneyAmount$60MPrice / shareLeadAlameda Research
IPO: NOT ANNOUNCED

No filing has been made.

Funding rounds

Brave funding rounds in full

4 dated rounds, newest first.

Round
Date
Amount
Valuation
Price / share
Lead investors
Participation
Series B LATEST
Jun 2023
$60M
$1.4Bpost-money
—
Alameda Research
—
Series A
Feb 2022
$50M
$980Mpost-money
—
Page One Ventures
—
Series A
Jun 2018
$4M
—
—
Founders Fund
—
Seed
Aug 2016
$7M
—
—
Founders Fund, Propel Venture Partners, Pantera Capital, Foundation Capital, Digital Currency Group
—
ICO
—
$35M
—
—
—
initial coin offering for BAT token
Brave · investors

Investors

AAlameda ResearchLEADPPage One VenturesLEADFounders FundLEADPPropel Venture PartnersLEADPantera CapitalLEADFFoundation CapitalLEADDDigital Currency GroupLEADGGreycroft Partners

Frequently asked questions

What is Brave's valuation?›

The last valuation is $1.4B.

Who has invested in Brave?›

Lead investors for each round are in the funding timeline.

Who are Brave's competitors?›

The closest web browser and digital advertising peers are on the competitors page.

How can I get exposure to Brave?›

The routes section explains what is realistically available for a company at this stage.

Is Brave publicly traded?›

No. Brave is a private company; its shares do not trade on a public exchange.

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