Corporate information
Official name
Brex Inc.
Registration country
Company type
Corporate credit card company focused on startups.Overview
Brex is everything startups need to scale from MVP to IPO. Our missions is to empower the next generation of businesses with an integrated corporate card and spend management software. We make it easy for our customers to manage every aspect of spending and empower their employees to make better financial decisions from anywhere they live or work. Brex proudly serves tens of thousands of growing businesses, from early-stage startups to enterprise leaders.
Funding rounds
Series D USD 425,000,000
USD 425,000,000 ( ) at USD 7,400,000,000 pre-money valuation
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Tiger Global Management LLC | Investment firm focused on public and private companies in the global Internet, software, consumer, and financial technology industries. | Initial investment. Led the round. | |
|
Baillie Gifford | Independent investment manager based in Edinburgh, investing globally on behalf of its clients. | Initial investment. | |
|
Base10 Partners (Base10 Ventures) | Initial investment. | ||
|
Durable Capital Partners GP LLC | Initial investment. | ||
|
GIC Private Ltd | Singapore sovereign wealth fund. | Initial investment. | |
|
Madrone Capital Partners LLC | Initial investment. | ||
|
Technology Crossover Ventures LLC (TCV) | American investment firm based in Menlo Park, California. | Initial investment. | |
|
Valiant Capital Management LP (Valiant Capital Partners) | Global long/short equity hedge fund founded by Christopher Hansen. | Initial investment. | |
|
DST Global | The investment vehicle of Silicon Valley-based Russian Internet financier Yuri Milner. | Follow-on investment. | |
|
Greenoaks Capital Partners LLC | Privately held global investment firm | Follow-on investment. | |
|
Institutional Venture Partners (IVP) | US-based venture capital investment firm focusing on later-stage companies and growth equity investments. | Follow-on investment. | |
|
Lone Pine Capital LLC | Follow-on investment. | ||
|
Ribbit Capital | Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. | Follow-on investment. | |
|
YC Continuity | Follow-on investment. |
Debt USD 200,000,000
USD 200,000,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Credit Suisse AG | USD 200,000,000 (USD 200,000,000) Led the round. |
Debt USD 100,000,000
USD 100,000,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
Barclays Investment Bank | Led the round. |
Series C USD 125,000,000
USD 125,000,000 ( ) at USD 975,000,000 pre-money valuation
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
DST Global | The investment vehicle of Silicon Valley-based Russian Internet financier Yuri Milner. | Led the round. | |
|
|
Greenoaks Capital Partners LLC | Privately held global investment firm | Led the round. | |
|
Greyhound Capital | Growth equity firm investing in technology-enabled businesses in traditional, everyday industries that are transforming our daily lives. | ||
|
|
Institutional Venture Partners (IVP) | US-based venture capital investment firm focusing on later-stage companies and growth equity investments. | ||
|
Mindset Ventures | International early stage Venture Capital firm with investment focus primarily in the United States and Israel. | ||
|
|
Ribbit Capital | Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. | ||
| Glenn Dubin | Individual investor. | |||
|
Justin Mateen | Individual investor. | ||
| Lawrence Summers (Larry Summers) | Individual investor. | |||
|
Peter Thiel | Individual investor. | ||
|
Y Combinator | American technology startup accelerator. | Follow-on investment. |
Series B USD 50,000,000
USD 50,000,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Y Combinator | American technology startup accelerator. | Follow-on investment. Led the round. | |
|
GFC Global Founders Capital GmbH (GFC) | The venture arm of Rocket Internet. | ||
|
One Way Ventures | |||
|
|
Ribbit Capital | Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. | ||
|
SV Angel | Silicon Valley-based angel fund. | ||
| Glenn Dubin | Individual investor. | |||
| Hugo Barra | Individual investor. | |||
|
Max Levchin | Individual investor. | ||
|
|
Peter Thiel | Individual investor. | ||
|
Yuri Milner | Individual investor. |
Series A USD 7,000,000
USD 7,000,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Ribbit Capital | Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. | Led the round. | |
|
Exor Seeds | |||
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|
GE32 Capital | |||
| Ruchi Sanghvi | Individual investor. | |||
| Jake Seid | Individual investor. | |||
|
|
Max Levchin | Individual investor. | ||
|
Michael Seibel | Individual investor. | ||
|
Paul Buchheit | Individual investor. | ||
|
|
Peter Thiel | Individual investor. | ||
|
|
Y Combinator | American technology startup accelerator. | Follow-on investment. |
Seed USD 120,000
USD 120,000 ( )
| Investor | Profile | Country | Notes | |
|---|---|---|---|---|
|
|
Y Combinator | American technology startup accelerator. | Initial investment. Led the round. |
Investment activity status
Active investor
Team
| Employee | Position | ||
|---|---|---|---|
| Henrique Dubugras (founder) | |||
| Pedro Franceschi (founder) |
