Brex Stock
Business Financial Management Platform
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About Brex Stock
Brex develops a financial management platform for businesses. Brex claims to offer solutions to manage payments, cards, capital, and spending. Brex offers a financial management platform and other products such as business checking accounts, credit cards, spending management, and more.
Brex was founded in 2017 and is headquartered in San Francisco, California. Notable investors include Kleiner Perkins, Y Combinator, and Institutional Venture Partners.
Investors
Barclays Investment Bank
Brex, AUTO1 Group, H2O.ai, DigitalOcean, R3, Cloud9 Technologies
Barclays Private Equity
Base10 Partners
Caffeinated Capital
Airtable, Opendoor, Affirm, Brex, SingleStore, Boom Supersonic, Divvy Homes, Virta Health, Mercury, CloudTrucks
Credit Suisse
Bloom Energy, Brex, Dataminr, Domo, WeLab, Kabbage, Prosper Marketplace, HomeLight, Credijusto, Uplift
Dragoneer Investment Group
Flipkart, Spotify, Databricks, Airbnb, Instacart, Chime, DoorDash, UiPath, Lacework, Nubank
Durable Capital Partners
Lacework, Brex, Vroom, Rapyd, Coalition, Convoy, Checkr, Chainalysis, Tipalti, HoneyBook
GE32 Capital
GIC
Flipkart, Alibaba, Ola, Rappi, Devoted Health, Affirm, Brex, SambaNova Systems, OakNorth, Square
Global Founders Capital
Brex, Traveloka, Capsule, Ledger, MediaMath, Hyperscience, Culture Amp, Chrono24, Away, Reputation.com
Greenoaks Capital
Flipkart, Robinhood, TripActions, Brex, Discord, Deliveroo, Commure, Alto Pharmacy, Tipalti, Motive
Human Capital
Anduril Industries, Lacework, Brex, Bolt Financial, Commure, MoonPay, Qualia, Clumio, Mindstrong
IVP (Institutional Venture Partners)
UiPath, Compass, Brex, Discord, Attentive, Coinbase, Rubrik, Domo, Niantic, MasterClass
Kleiner Perkins Caufield & Byers
Snap, AppDynamics, Spotify, Instacart, Stripe, Magic Leap, DoorDash, Bloom Energy, Slack, Brex
Lone Pine Capital
Brex, Snyk, Convoy, Marqeta, Grove Collaborative, Outreach, Benchling, Algolia, TransferWise, Away
Mindset Ventures
Next Play Ventures
Brex, Collective Health, Guild Education, Vox Media, Cameo, Evervault, Headspace
Peter Thiel
Ribbit Capital
Robinhood, CoinSwitch Kuber, Nubank, Affirm, Brex, Gusto, Coalition, Coinbase, Razorpay, Chainalysis
SV Angel
Snap, Instacart, Stripe, Anduril Industries, DoorDash, Reddit, Zenefits, Pinterest, Opendoor, Slack
TCV
Nubank, Brex, Toast, Capsule, Miro, Rent the Runway, Vice Media, Aviatrix, Vectra, GoFundMe
Tiger Global Management
Flipkart, JUUL, Delhivery, Ather Energy, Databricks, Grab, Chime, Ola, Quikr, Palantir Technologies
Valiant Capital Partners
Funding History
| April 2017 | $100K |
|---|---|
| April 2017 | $967K |
| April 2017 | $6.5M |
| March 2018 | $47.3M |
| December 2018 | $170M |
| March 2019 | $531K |
| June 2019 | $286M |
| April 2021 | $480M |
| November 2021 | $330M |
Management
Chief Executive Officer
Henrique Dubugras
Chief Operating Officer
Michael Tannenbaum
Press
TechCrunch - Nov, 2 2022
Brex co-founder Henrique Dubugras details decisions behind pivots, layoffs, going remoteTechCrunch - Nov, 2 2022
Brex is acting more and more like a venture capitalist over timelinkedin - Oct, 3 2022
Cash Flows and Future Bets: CEOs of Brex, Reel, Paper +Morebusinessinsider - Sep, 7 2022
Fintech giant Brex is accusing Pry Financials CEO Andy Su of concealing material info when it acquired his Y Combinator-backed startup this yearTechCrunch - Sep, 5 2022
Brex’s departing CRO explains his decision to join Founders Fundforbes - Sep, 1 2022
Brex Sales Chief Sam Blond Is Joining VC Firm Founders Fund As A PartnerTechCrunch - Sep, 1 2022
Fintech investors appear to be favoring later-stage deals as sector takes a hit, recent data showspymnts - Jun, 30 2022
Brex on Leveling the Playing Field With Embedded FinanceTechCrunch - Jun, 25 2022
Brex says it did a ‘poor job’ explaining its decision to cut off SMBsTechCrunch - Jun, 21 2022
Brex CEO Henrique Dubugras will share his company’s founding story at TechCrunch DisruptTechCrunch - Jun, 17 2022
Brex leaving adrift some SMB customers roils corporate spend marketTechCrunch - Jun, 17 2022
As Brex exits the SMB space, its CEO says that doesn’t include startups … at least the funded onesTechCrunch - Jun, 17 2022
Brex, which started out serving startups, now says it is ‘less suited to meet the needs of smaller customers’bit - May, 16 2022
Former Microsoft Viva and Teams leader Vineet Taneja joins Brex as vice president of productzd - May, 11 2022
Brex Empower partners with Deel, introduces global payment capabilities for businessesprnewswire - May, 11 2022
Brex Takes Cards and Spend Management Global Across 100+ CountriesTechCrunch - Apr, 19 2022
Here’s why Brex just paid $90M for 10-person software startup Pry FinancialsTechCrunch - Apr, 14 2022
Fintech Brex bets big on software, lands DoorDash as a customerTechCrunch - Apr, 14 2022
Daily Crunch: Brex says DoorDash is ‘first of many’ new enterprise customers to comeTechCrunch - Apr, 4 2022
These Y Combinator-backed startups want to build the next BrexTechCrunch - Jan, 12 2022
Fintech Brex confirms $12.3B valuation, snaps up Meta exec to serve as its head of productTechCrunch - Oct, 23 2021
Brex just signed a term sheet for $300M at a $12.3B valuationTechCrunch - Aug, 17 2021
Brex buys Weav, a universal API for commerce platforms, for $50MTechCrunch - Jun, 24 2021
Sanity raises $39M for its “use-anywhere” approach to content repositoriesTechCrunch - Apr, 26 2021
How Brex more than doubled its valuation in a yearTechCrunch - Apr, 26 2021
Brex raises $425M at a $7.4B valuation, as the corporate spend war rages onForbes - Mar, 31 2020
Brex for Startups Credit Card ReviewTechCrunch - Mar, 24 2020
Brex acquires three companies to build out its bank alternative for startupsTechCrunch - Mar, 12 2020
Doing deals through Zoom? These investors have some tipsBank Innovation - Feb, 3 2020
Inside Brex’s approach to raising moneyBusiness Wire - Jan, 21 2020
Brex Hires Google Executive Paul-Henri Ferrand as Chief Operating OfficerEquityZen does not have an affiliation with, formal relationship with, or endorsement from any companies featured above. This profile is based on publicly available information and is intended to be informative in nature.
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