Fundraising Fox

Brave

Founded 2015 Β· 369 employees on LinkedIn Β· 28 known investors

Brave makes a privacy-focused web browser built on the open-source Chromium core that blocks third-party ads and trackers by default, along with an independent search engine, a device-wide VPN, and a built-in AI assistant. Its products serve consumers seeking faster, more private browsing, with an optional token-based rewards system for viewing privacy-preserving ads.

Also known as Brave Browser Β· Brave Software Β· Brave Software, Inc.

Founders & leadership

Brave was founded in 2015 by Brendan Eich and Brian Bondy.

BEBrendan Eich
Brendan EichFounder & CEO
BBBrian Bondy
Brian BondyFounder & CTO

Investors Β· 28

Also in the syndicate Β· 14

BSP GroupFoundation CapitalHIRAC FUNDKakao Investment Co., Ltd.Mizuho Bank, Ltd.NHN JAPAN Corp.Nippon Broadcasting System, Inc.REALITY, Inc.Sumitomo Mitsui Trust Asset Management Co., Ltd.The Hokkoku Bank, Ltd.The Shizuoka Bank, Ltd.THIRDWAVE CORP.Tokyo University of Science Innovation Capital Co., Ltd. (TUSIC)Wing Capital Partners, Ltd.

Funding

SEC filings, press & company announcements

Source: company announcements and press reports β€” follow each round's link for the claim.

Company profile

researched Aug 2026

Brave Software, Inc. develops the Brave web browser, a free and open-source Chromium-based browser first released on 20 January 2016. The browser blocks third-party ads and trackers by default, defends against browser fingerprinting, upgrades connections to HTTPS where possible, blocks cookie-consent notices, strips tracking codes from copied URLs, and enables Global Privacy Control by default. A private browsing mode integrates the Tor anonymity network. Brave's own client code is released under the Mozilla Public License 2.0 while the underlying web core is Chromium; rendering uses Blink and V8 on most platforms and WebKit on iOS/iPadOS. The browser runs on Windows, macOS, Linux, Android and iOS/iPadOS, and is available in nearly 160 languages.

Beyond browsing, Brave ships a set of adjacent products: Brave Search, an independent search index with an AI answer engine that is the default for most new browser users and is also reachable at search.brave.com; Brave Leo, an in-browser AI assistant; Brave Firewall + VPN, a paid device-wide VPN; Brave Wallet, a multi-chain crypto wallet supporting Ethereum, Solana and BNB Chain; Brave Talk; Brave Playlist; and Brave News (originally launched in 2020 as Brave Today), a new-tab news feed served via Brave's own CDN. For businesses, Brave offers the Brave Ads network, a Search API, and enterprise group-policy installation.

Brave also operates a cryptocurrency-based attention economy. The Basic Attention Token (BAT), an Ethereum-based token introduced in 2017, underpins the optional Brave Rewards program: users who opt in to view first-party, privacy-preserving Brave Private Ads earn BAT, which they can hold, tip to publishers, or (following a 2019 partnership with the exchange Uphold) convert to US dollars.

Founding story

Brave Software was founded in 2015 by Brendan Eich, the creator of JavaScript and former Mozilla CEO who left the organization after criticism over his support for eliminating the right of same-sex couples to marry, and Brian Bondy, a programmer previously at Mozilla (and, per one secondary source, Khan Academy). The company set out to build a browser that shields users from intrusive ads and trackers.

Business model

Brave distributes the browser and search engine free of charge and monetizes through its own advertising network (Brave Ads / Brave Private Ads), paid subscription products, and developer/business services. Subscriptions include Brave Firewall + VPN (monthly or annual, covering multiple devices) and premium tiers of Brave Leo AI and Brave Talk; in-app purchases are offered on both Android and iOS. Business-facing offerings include Brave Ads and the Brave Search API.

Advertising revenue from the Brave Ads platform (cookie-less ad units in the browser and search engine, with a share flowing to users as BAT and to creators), consumer subscriptions for Brave Firewall + VPN, Brave Leo premium and Brave Talk Premium sold through app-store in-app purchases and direct billing, and paid access to the Brave Search API.

Traction

Reported metrics include over 109 million browser users and more than 2 billion Brave Search queries per month as of March 2026, 100M+ Android installs with a 4.9 rating across 3.73 million reviews, a 4.8 App Store rating from 643,000 ratings, availability in nearly 160 languages for the browser and about 20 for search, and a stated headcount of 125 employees.

Latest developments

Recent product updates highlighted by the company include Ask Brave, custom toolbar shortcuts and improved viewing on large-screen devices. The Android release notes describe a redesigned Shields UI, searchable settings, a configurable pull-to-refresh gesture, up to 15 new-tab shortcuts and an upgrade to Chromium 151; the app was last updated 21 August 2026. The stable desktop release was 1.93.137 on 19 August 2026. A March 2026 funding-news item reported that Brave secured $100,000 in new investment capital, to be used for growth initiatives, product development across browser, search and ads, and global expansion.

β–ΈFull profile β€” market position, technology, go-to-market, geography, history, risks & controversies

Market position

Brave positions itself as an independent alternative to Big Tech browsers and search engines, publishing direct comparisons against Chrome, Firefox, Edge and Safari, and against Google Search and DuckDuckGo (which it characterizes as Bing-powered). It claims one of the few global-scale independent search indexes. Third-party reporting cites more than 109 million browser users and over 2 billion Brave Search queries per month; the Android app shows 100M+ downloads and ranks among the top free communication apps on Google Play, while the iOS app has charted in the Utilities category.

Differentiators cited by the company include privacy protections enabled by default without extensions or configuration, ad and tracker blocking that the company says makes pages load 3x-6x faster (and the browser 3x faster than Chrome; 2x-4x on iOS), cookie-consent blocking, fingerprinting defenses, an independently indexed search engine that does not profile users, an AI assistant that does not record or train on chats, and an opt-in advertising model that pays users in BAT rather than harvesting their data.

Technology

The browser is built on the open-source Chromium web core using the Blink and V8 engines (WebKit on iOS/iPadOS), written in JavaScript, Swift and C++, with client code under MPL 2.0 and source hosted on GitHub. It supports x86, x86-64, IA-32, ARM and AArch64 platforms. Earlier versions used Muon, an in-house fork of Electron, before the 2018-2019 Chromium migration. Brave Search runs on its own web index with an AI answer layer; Brave News is delivered through a proprietary CDN that shields user IP addresses from publishers and ad networks; Brave Wallet is a multi-chain Web3 wallet; and Brave Rewards uses the Ethereum-based BAT token.

Go-to-market

Distribution is direct-to-consumer via free downloads from brave.com and the Google Play and Apple App Stores, with Nightly, Beta and Release channels for staged feature rollout, and an onboarding flow that imports settings and bookmarks from a prior browser. Brave Search is also usable in any browser at search.brave.com. Business go-to-market runs through the Brave Ads network, the Brave Search API, and enterprise group-policy installation for organizations.

Individual consumers seeking private, faster browsing and search across desktop and mobile; crypto-oriented users via Brave Wallet and BAT rewards; content publishers and creators seeking alternative revenue; advertisers buying cookie-less ad units in the browser and search engine; developers consuming the Brave Search API; and organizations deploying the browser via enterprise group policy.

Geography

Brave Software, Inc. lists a San Francisco, California address (580 Howard St Unit 402, San Francisco, CA 94105, United States) as its developer address; secondary reporting places the company in the United States. Products are distributed globally, with the browser localized into nearly 160 languages, including four dialects of Chinese, and Brave Search into almost 20.

History

Founded in 2015, Brave released its browser in January 2016 and in the same year acquired Link Bubble, an Android browser that preloaded pages in floating bubbles; Link Bubble was rebranded as Brave before the two products were separated again in 2017. By August 2016 the company had raised at least $7 million in angel investment. In 2017 Brave launched the Basic Attention Token and raised roughly $35 million in an initial coin offering, integrating BAT into Brave Rewards in 2018. Until late 2018 the browser was built on Muon, a fork of Electron; in October 2018 Brave announced a move to the Chromium codebase, reporting a 22 percent performance gain, with the last Muon build shipping in January 2019. Version 1.0 arrived in 2019 alongside Brave Ads on iOS and BAT liquidity via Uphold. Brave Today (later Brave News) launched in 2020, and in March 2021 Brave announced the acquisition of the Tailcat search engine, the basis of its independent search product.

Risks & controversies

Brave has drawn criticism over early plans to replace publishers' ads with its own, over its handling of affiliate/referral links, and over privacy vulnerabilities in its private browsing mode. In 2020 a user found that the browser appended referral codes to URLs for cryptocurrency companies such as Binance, Coinbase and Trezor with which Brave had advertising agreements, and to search links for terms like "bitcoin", "ethereum" and "litecoin"; CEO Brendan Eich called the URL-bar insertion a mistake and said the behavior would become opt-in. Gizmodo noted that while the Brave Today feed avoided third-party tracking, users could still be shown Brave's own ads. App-store reviews cite launch failures on iOS (2023) and tab-management and picture-in-picture bugs on Android. The reported $100,000 March 2026 funding item comes from an aggregator and its round stage is listed as unknown.

Compiled by commissioned research from 12 cited public sources β€” announcements, filings, and press listed under research sources below.

Key figures

latest reported
App Store ratingJan 20264.8 stars (643K ratings)
Brave Search monthly queriesMar 20262,000,000,000 queries per month
Browser usersMar 2026109,000,000 users
EmployeesMar 2026125 employees
Google Play downloadsAug 2026100,000,000 downloads
Google Play ratingAug 20264.9 stars (3.73M reviews)
Languages supported (Brave Search)Jan 202620 languages
Languages supported (browser)Jan 2026160 languages

Company-reported or press-reported figures, each dated to when it was claimed β€” not independently audited.

Timeline Β· 9

launches, deals, and filings
Mar 2021
Brave Software announces acquisition of Tailcat search engine

Brave announced it would acquire Tailcat, a search engine built by the team previously responsible for the privacy search and browser products at another company (source text truncated).

source β†—

Jan 2020
Brave Today news feed introduced

Brave launched Brave Today, a news feed on the browser's new tab page delivered through Brave's own CDN so publishers and ad networks do not see users' IP addresses; later renamed Brave News.

source β†—

Jan 2019
Partnership with Uphold for BAT conversion

Brave partnered with cryptocurrency exchange Uphold so users with Uphold accounts could exchange Basic Attention Tokens for US dollars.

source β†—

Jan 2019
Brave 1.0 released across all platforms

Brave shipped version 1.0, taking the browser out of beta, bringing Brave Ads to iOS and enabling users to sell BAT via a partnership with cryptocurrency exchange Uphold.

source β†—

Oct 2018
Brave announces migration from Muon to Chromium

Brave announced it would rebuild the browser on the Chromium codebase instead of Muon, its fork of Electron, citing maintenance burden of a custom UI framework; Brave reported a 22 percent performance improvement. The final Muon-based version shipped in January 2019.

source β†—

Jan 2018
Brave Rewards launched

BAT was integrated into the Brave Rewards system, letting users watch ads in the browser to earn tokens they could share with creators and publishers.

source β†—

Jan 2017
Basic Attention Token initial coin offering raises about $35 million

Brave introduced the Ethereum-based Basic Attention Token (BAT) and raised approximately $35 million through an initial coin offering; BAT was integrated into Brave Rewards in 2018.

$35M source β†—

Jan 2016
Brave browser first released

Brave Software released the Brave web browser, marketed as a privacy-focused browser that blocks ads and trackers by default.

source β†—

Jan 2016
Brave Software acquires Link Bubble

Brave acquired Link Bubble, an Android browser that preloaded websites in floating bubbles. The app was rebranded as the Brave browser, then separated back into two products in 2017 after interface and Android WebView rendering limitations.

source β†—

Dated company events from announcements, filings, and press; legal rows summarize public dockets and regulator releases.

In the news

β–ΈResearch sources Β· 12

primary sources listed

12 public sources were cited for this profile; the first-party ones are listed here.

Frequently asked questions

What does Brave do?
Brave Software makes a Chromium-based privacy browser with built-in ad blocking, an independent search engine, VPN, AI assistant and crypto rewards.
Who founded Brave?
Brave was founded by Brendan Eich, Brian Bondy in 2015.
Who are Brave's investors?
Brave's investors include Abstract Ventures, Coinbase Ventures, Digital Currency Group, Page One Ventures, Pantera Capital, Propel Venture Partners, R/GA Ventures, ZMT Capital and 6 more.