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§ Private Profile · Columbus, OH, USA
National touring music festival organizer delivering live entertainment with global artist lineups to underserved US cities.
Breakaway Music Festival is a Columbus, Ohio-based live entertainment company that organizes a national touring music festival targeting underserved markets across the United States. The organization currently operates multi-day outdoor events with a daily capacity of 15,000 attendees, reaching more than 100,000 total fans in 2022 and expanding its footprint to 12 cities during the 2025 season. The company's festival lineups feature prominent artists such as Kendrick Lamar and Post Malone, supported by corporate sponsorships from brands like Celsius. Operating with over 40 full-time employees, the business recently diversified its revenue streams by launching a record label, Breakaway Projects, alongside an independent artist management division. Backed by investors including Matt Higgins of RSE Ventures and new ownership partners Shaun Neff and Nick Gross, the enterprise was founded in 2016 by Adam Lynn and Zach Ruben.
Breakaway Music Festival has raised $30.0M across 1 funding round.
Breakaway Music Festival has raised $30.0M in total across 1 funding round.
Breakaway Music Festival has raised $30.0M in total across 1 funding round.
Breakaway Music Festival's investors include George Ruan, Theodore Koenig, Nick Gross, Joe Marchese, RSE Ventures.
Breakaway Music Festival has raised $30.0M across 1 funding round. Most recently, it raised $30.0M Series B in March 2026.
| Date | Round | Lead Investors | Other Investors | Status |
|---|---|---|---|---|
| Mar 20, 2026 | $30M Series B | — | George Ruan, Theodore Koenig, Nick Gross, JOE Marchese, RSE Ventures | Announced |