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, Databricks, Spotify, 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
Ledger, Brex, Traveloka, Capsule, MediaMath, Hyperscience, Culture Amp, Chrono24, Away, Reputation.com
Greenoaks Capital
Flipkart, Robinhood, TripActions, Brex, Discord, Deliveroo, Alto Pharmacy, Commure, 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, Skims, Marqeta, Grove Collaborative, Outreach, Benchling, Algolia, TransferWise
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, Delhivery, Ather Energy, Databricks, Grab, Chime, Ola, Quikr, Palantir Technologies, CoinSwitch Kuber
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
fintechfutures - Nov, 21 2023
US fintech Brex names Karandeep Anand as its first presidentTechCrunch - Nov, 19 2023
Inside Brex and Ramp’s AI ambitionstheinformation - Nov, 14 2023
Brex’s Quarterly Revenue Growth Slows to 1%, Following Post-SVB Growth Spurtpaymentsdive - Oct, 28 2023
Brex exec straddles CFO, COO rolescrowdfundinsider - Sep, 24 2023
Spend Management Fintech Brex Introduces Tool to Streamline Work Processes, Increase Productivitybankautomationnews - Sep, 22 2023
Brex, Ally roll out AI-driven chatbotsthepaypers - Sep, 20 2023
Brex launches new Brex AI flagship solution, Brex Assistantpaymentsdive - Sep, 20 2023
Brex adds AI toolprnewswire - Sep, 19 2023
Brex Gives Every Employee an Expense Assistant With AIffnews - Aug, 17 2023
Brex Expands Travel Solution with the Launch of Group Eventspymnts - Aug, 17 2023
Brex Adds Feature for Managing Corporate Eventsfortune - Aug, 8 2023
Former Brex duo raises $5 million for new, pre-revenue A.I. agent startup meant to help fintech teams scalebizjournals - Aug, 4 2023
Brex hires former Salesforce exec for C-suiteffnews - Aug, 4 2023
Brex Launches Payablesbankautomationnews - Aug, 2 2023
Brex rolls out AI-driven accounts payable solutioncrowdfundinsider - Jul, 21 2023
Fintech Firm Airwallex Scales Money Movement, Collaborates with Brexffnews - Jul, 20 2023
Airwallex Partners with Brex to Help Accelerate International Expansionpymnts - Jul, 19 2023
Spend Platform Brex Taps Airwallex as It Plans Global Expansionbankingdive - Jul, 18 2023
Rho woos bigger clients as fintechs vie to fill Brex’s small-biz voidthestate - Jul, 9 2023
How the Silicon Valley Bank Crisis Boosted Banking Startup Brexcrowdfundinsider - Jul, 1 2023
Fintech Firm Brex Taps Jason Mok to Support Next Generation of FoundersTechCrunch - Jun, 28 2023
Brex refocuses on startups with hire of SVB veteran, ex-a16z operating partnerprnewswire - Jun, 22 2023
Brex Named to TIME's List of The TIME100 Most Influential Companiesbloomberg - May, 31 2023
Fintech Brex’s Revenue Surges After Regional Bank Turmoilprnewswire - May, 31 2023
Brex Announces Significant Growth with Two Product Lines at $100M of ARRsalestechstar - May, 19 2023
Quolum Announces New Integration with Brex to Help Businesses Reduce SaaS Spendnews - May, 18 2023
SoftBank Rebrands Opportunity Fund As It Launches Second Fundaxios - May, 15 2023
Inside Brex's Silicon Valley Bank bidamericanbanker - May, 12 2023
Brex tried to buy a piece of Silicon Valley Bank in Marchffnews - May, 6 2023
Brex Expands Empower with New Markets and Global Capabilitiesthepaypers - May, 6 2023
Brex adds new capabilitiesaltfi - May, 6 2023
Brex expands international reachnews - Apr, 27 2023
These Lead VCs Have The Most Acquisitive Startupscrowdfundinsider - Mar, 29 2023
Fintech Brex Introduces Integrated Travel Solutionnews - Mar, 29 2023
Private Credit Funds, Banks Will Aggressively Push To Fill SVB’s Role — Likely At Higher Ratesnews - Mar, 27 2023
Tech Jobs: From Analyzing Cybercrime Threats To Designing AR Graphics, These Startup Roles Are Winnersamericanbanker - Mar, 24 2023
Mercury and Brex acquired thousands of ex-SVB clients. Will they stay?skift - Mar, 24 2023
Fintech Startup Brex Reboots Its Corporate Travel Platformamericanbanker - Mar, 23 2023
Brex, flush with new deposits, bets big on travel recoveryphocuswire - Mar, 22 2023
Brex adds managed travel powered by SpotnanaTechCrunch - Mar, 22 2023
Brex takes a swipe at Concur with an expansion into travelnews - Mar, 20 2023
Credit Suisse Also Played An Active Role In Startup Financingnews - Mar, 20 2023
With 9,000 New Cuts, Amazon Leads With Most Tech Layoffsdlvr - Mar, 17 2023
Brex Criticized for “Devaluation” of Reward Points, Moves Money to SVBBprnewswire - Mar, 17 2023
To Support the Health of the Startup Ecosystem, Brex Diversifies Its Own Corporate Funds into Silicon Valley Bridge BankTechCrunch - Mar, 17 2023
Here’s a new corporate card startup, backed by $157M in equity, debt, going after Brex, Rampprnewswire - Mar, 15 2023
Brex and Change Join Forces to Amplify the Power of Charitable Givingforbes - Mar, 12 2023
Brex Is Helping Startups Borrow More Than $1 Billion To Meet SVB Payroll Crunchcnb - Mar, 11 2023
Fintech startup Brex got billions of dollars in Silicon Valley Bank deposits Thursday, source saysprnewswire - Mar, 11 2023
Brex to Offer Emergency Credit Line to Silicon Valley Bank Customers to Meet Operational Spending Needsfinextra - Mar, 8 2023
Brex and OpenAI team to combine spend management with artificial intelligencebloomberg - Mar, 7 2023
CFOs Will Get Their Own AI Chatbot as Part of Brex Projectlinkedin - Feb, 4 2023
Beautiful Minds Foundation has released a business pitch and is currently in the pre-seed funding round.newswire - Feb, 3 2023
Pathify Announces New Funding From Brex Asset Managementnews - Jan, 24 2023
Tiger Catnapped As 2022 Wore Ontcrn - Jan, 3 2023
Two CEOs is better than one with Henrique Dubugras from Brexpaymentsdive - Dec, 15 2022
Brex maintains hiring for key roles, some replacementspaymentsdive - Nov, 21 2022
Brex co-CEO: Fintech took ‘reputation hit’ after dropping customersdlvr - Nov, 12 2022
Fintech Brex, Techstars to Help Startups Accelerate Growthdlvr - Nov, 12 2022
Brex made a splash with corporate credit cards. Can the company do the same with software?news - Nov, 10 2022
Reading The Market, IVP Cools Investment Pacefinextra - Nov, 2 2022
Brex forms partnership with TechstarsTechCrunch - 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 timebusinessinsider - Oct, 24 2022
How Brex cards and software are transforming spend management by focusing on the user experiencetcrn - Oct, 23 2022
Brex lands Coinbase as new software customerbizjournals - Oct, 21 2022
Brex could have done these two things differently, co-founder Henrique Dubugras saysbrex - Oct, 18 2022
Brex and AngelList Help Founders Better Manage and Grow Their Startupfintechfutures - Oct, 18 2022
US fintechs Brex and MX announce layoffsfinextra - Oct, 18 2022
Brex cuts 11% of workforceforbes - Oct, 14 2022
Finance Company Brex Cuts 136 Staff—Here Are The Major U.S. Layoffs This Yearbizjournals - Oct, 12 2022
Brex cites uncertainty as it lays off 11% of stafflinkedin - 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 FundTechCrunch - Sep, 1 2022
Fintech investors appear to be favoring later-stage deals as sector takes a hit, recent data showsforbes - Sep, 1 2022
Brex Sales Chief Sam Blond Is Joining VC Firm Founders Fund As A Partnerbizjournals - Aug, 4 2022
Brex makes C-suite hire as company embraces platform strategyprnewswire - Aug, 3 2022
Brex Names Doug Adamic as Chief Revenue Officerfinextra - Aug, 3 2022
Brex names Doug Adamic as CROtcrn - Jul, 16 2022
Engage with Brex, Dropbox, Microsoft and more at TechCrunch Disruptnews - Jul, 13 2022
Even As Asia Venture Market Drops, Tiger Still On The Prowlforbes - Jul, 8 2022
Forced To Leave Brex? Three SMB-Focused Banks Worth Your Consideration.pymnts - Jun, 30 2022
Brex on Leveling the Playing Field With Embedded Financepaymentsdive - Jun, 28 2022
Brex’s move has fellow fintechs ready to pouncefintechfutures - Jun, 25 2022
Brex to stop serving “traditional” small businessesTechCrunch - Jun, 25 2022
Brex says it did a ‘poor job’ explaining its decision to cut off SMBsstratechery - Jun, 25 2022
An Interview With Brex Co-Founder and Co-CEO Pedro FranceschiTechCrunch - Jun, 21 2022
Brex CEO Henrique Dubugras will share his company’s founding story at TechCrunch Disrupttcrn - Jun, 19 2022
Why did Brex really decide to ditch SMBs?cnb - Jun, 18 2022
Brex drops tens of thousands of small business customers as Silicon Valley adjusts to new realitybit - Jun, 18 2022
Brex is dropping small businesses, not startupsaxios - Jun, 17 2022
Scoop: Brex exiting SMB market to focus on enterprise customersTechCrunch - Jun, 17 2022
Brex, which started out serving startups, now says it is ‘less suited to meet the needs of smaller customers’TechCrunch - 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 onesprnewswire - Jun, 15 2022
Brex Expands Ecosystem of Partners to Seamlessly Integrate, Automate, and Accelerate Financial Systemsbit - May, 16 2022
Former Microsoft Viva and Teams leader Vineet Taneja joins Brex as vice president of productfinextra - May, 14 2022
Brex re-imagines global spend managementzd - 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+ Countriesstartuparound - Apr, 22 2022
YC Founder Firesides: Brex on spend and speed as a strategyfintechfutures - Apr, 22 2022
Brex acquires bookkeeping software firm Pry Financials for $90mTechCrunch - 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
Brex raises $425M at a $7.4B valuation, as the corporate spend war rages onTechCrunch - Apr, 26 2021
How Brex more than doubled its valuation in a yearForbes - 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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