On December 2, 2022, Breef Inc. closed the transaction. The company amended the terms of the transaction. The company will now raise $17,152,585 in the transaction.

The company received $3,374,957 in its second tranche bringing the amount raised to $17,152,528.7806. The transaction included participation from 38 investors. The transaction was led by returning investor Greycroft LP.

The transaction also included participation from Bertelsmann Digital Media Investments, Inc., UTA Ventures, Touch Ventures Limited, and returning investor The House Fund, LLC. The round included an undisclosed portion which was debt. The company raised a total of $21 million in funding till date.