“This marks an important milestone for Breakaway as we look to the future, opening the door to even more opportunities for innovation as we expand both the breadth and depth of experiences for Millennial and Gen Z consumers,” Lynn says. Lynn said he sees Breakaway as platform for connecting young music fans with artists, experiences and brands and partners looking to connect with Gen Z and young millennials, deploying new capital to expand its national footprint and support its ultimate mission of “powering the voice of today’s generation through music, community, art, technology and digital content.” “Adam and his team have done an incredible job building a brand and company with a clear mission, and we’re excited to partner with these next-generation music leaders as they continue scaling Breakaway’s geographic footprint and range of offerings.” “What began in 2016 as a music festival has grown into a multi-faceted entertainment brand that continues to change the way thousands of consumers across the country experience and enjoy music,” said Matt Higgins, cofounder and CEO of RSE Ventures. Built for Gen Z and young Millennial music fans, Breakaway has worked with The Chainsmokers, Halsey, Kygo, Zedd, Migos, Odesza, Post Malone, Future, Illenium, Khalid, Twenty One Pilots, Jack Harlow, Machine Gun Kelly, Chelsea Cutler and Juice WRLD, among many others. cities and launched Spring Break(away) with emerging curated events company All Roads Traveled, hosting five weekends in March of entertainment and immersive experiences in Mexico. ![]() Launched in 2016 in Columbus, Ohio with EDM and hip-hop acts including Alison Wonderland, Dillon Francis, Rae Sremmurd and RL Grime to college towns, the festival expanded to three locations the following year and modeled itself as a dance and pop-driven Vans Warped Tour, bringing an approachable high-end dance experience to underserved markets.įast forward to 2023 and Breakaway has expanded to seven U.S. Breakaway also recently signed a partnership with Another Planet Entertainment for a San Francisco event and has eyes to expansion in other markets. The $6 million investment round was led by private investment firm RSE Ventures with participation from Marshall Sandman‘s Animal Capital, Honey founder George Ruan, New York Rangers captain Jacob Trouba, Splice co-founder Steve Martocci and investment firms Human Ventures, Bustle Digital Group (BDG) and Gross Labs. “We’re now closing our $6 million series A, which has given us a lot of growth capital to expand our boutique festival to seven markets this year, with a focus on dance music and pop music. “William and I have no fundraising experience at all, but we went out and and raised quite a bit of money,” Lynn tells Billboard. digs to discuss the company’s recent expansion. ![]() Breakaway co-founder Adam Lynn and chief growth officer William Van Orsdell serve as host to a rotating door of music executives, finance advisors and journalists booked for another day of meetings inside the new L.A. The neon sign is one of a half-dozen Breakaway Festival art pieces inside the house, where Breakaway’s marketing team works around a large kitchen table, while another groups gathers around a poolside table for a midday strategy session. Britney Spears Posts Devastating Photo of Gym She Burned Down in 2020
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