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Brex Stock
Corporate credit card
About Brex Stock
Brex provides a corporate credit card called the Brex Card for technology, e-commerce and life sciences companies. It helps businesses of all sizes (from recently incorporated to later-stage) to instantly get a credit card that has 20x higher limits, completely automated expense and receipt tracking and magical integrations with the most important accounting systems. Brex was founded by Henrique Dubugras and Pedro Franceschi, two engineers who previously founded Pagar.me, one of the largest payment processors in Brazil with over $1.5 billion in GMV. Brex is backed by the co-founders of PayPal (Max Levchin and Peter Thiel), Y Combinator, Ribbit Capital, Yuri Milner, and Carl Pascarella (former CEO of Visa). Brex is building the next generation of B2B financial services with better tech and without the restrictions of legacy technology.
Investors
Barclays Private Equity
DST Global
Market Kurly, Spotify, DoorDash, Wish, Robinhood, Nubank, Flexport, Rappi, Deliveroo, Chime
Greenoaks Capital
Robinhood, Katerra, Deliveroo, Brex, Discord, Coupang, Alto Pharmacy, Clover Health, KeepTruckin
IVP (Institutional Venture Partners)
Compass, UiPath, LegalZoom, Coinbase, Domo, Rubrik, Brex, Discord, Sumo Logic, MasterClass
Kleiner Perkins Caufield & Byers
Snap, AppDynamics, Spotify, Magic Leap, DoorDash, Instacart, Stripe, Epic Games, Bloom Energy, Slack
Peter Thiel
Ribbit Capital
Robinhood, Nubank, Figure, Affirm, Coinbase, Gusto, Brex, Funding Circle, LendingHome, Upgrade
Y Combinator
Airbnb, DoorDash, Instacart, Stripe, Flexport, Rappi, Ginkgo Bioworks, Coinbase, Convoy, Machine Zone
Funding History
| January 2017 | $100K |
|---|---|
| January 2017 | $967K |
| April 2017 | $6.5M |
| March 2018 | $47.3M |
| September 2018 | $163M |
| October 2018 | $531K |
| June 2019 | $275M |
Management
Co-Founder & Chief Executive Officer
Henrique Dubugras
Co-Founder
Pedro Franceschi
Press
Forbes - Mar, 31 2020
TechCrunch - Mar, 24 2020
TechCrunch - Mar, 12 2020
Bank Innovation - Feb, 3 2020
Business Wire - Jan, 21 2020
Forbes - Nov, 12 2019
Forbes - Nov, 5 2019
TechCrunch - Oct, 2 2019
TechCrunch - Sep, 9 2019
en - Jul, 31 2019
Forbes - Jul, 16 2019
prnewswire - Jun, 25 2019
businesswire - Jun, 21 2019
TechCrunch - Jun, 11 2019
TechCrunch - May, 29 2019
Other Companies
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