Brex
investment firm
About
Brex is a fintech company that offers credit cards and cash management solutions for their customers to save and spend money.
- San Francisco,California,United States
- https://brex.com
Details
- Last Funding Type
- Series D
- Last Funding Money Raised
- $300M
- Industries
- Banking,Credit Cards,Financial Services,FinTech
- Founded date
- Mar 1, 2017
- Operating Status
- Active
- Legal Name
- Brex Inc.
Brex is all-in-one finance for growing businesses. It helps companies spend, save, and earn smarter—and take every dollar further—by doing more than a bank, bookkeeping, or reward program could ever do alone. After completing the Y Combinator accelerator program in 2017, Brex has grown to over 600 employees and raised over US$940 million in venture capital.
Funding Rounds
Number of Funding Rounds
Total Funding Amount
13
$1.45B
Brex has raised a total of
$1.45B
in funding over 2 rounds. Their latest funding was raised on
May 18, 2022 from a Series D round.
| Announced Date | Round | Money Raised | Number of Investors | Lead Investors | Post Valuation | |
|---|---|---|---|---|---|---|
| May 18, 2022 | Series D | — | 1 | — | — | Detail |
| Feb 1, 2022 | Series D | — | 1 | — | — | Detail |
| Oct 22, 2021 | Series D | $300M | 10 |
Greenoaks
TCV
|
— | Detail |
| Apr 26, 2021 | Series D | $425M | 15 |
Tiger Global Management
|
— | Detail |
| May 19, 2020 | Series C | $150M | 2 |
|
— | Detail |
Investments
Number of Investments
Number of Lead Investments
2
0
Brex has made 2 investments. Their most recent investment was on
Jul 19, 2022, when Zesty.ai raised $33M.
Investors
Number of Lead Investors
Number of Investors
13
52
| Investor Name | Lead Investor | Funding Round |
|---|---|---|
|
Greenoaks
|
Yes | Series D |
|
TCV
|
Yes | Series D |
Credit Suisse
|
Yes | Debt Financing |
Kleiner Perkins
|
Yes | Series C |
Barclays Investment Bank
|
Yes | Debt Financing |
Weclikd
|
— | Series D |
VamosVentures
|
— | Series D |
Baillie Gifford
|
— | Series D |
|
|
— | Series D |
Durable Capital Partners
|
— | Series D |
Employee Profiles
Number of Employee Profiles
62
Brex has 62 current employee profiles, including
Executive Will Palmeri
Executive
Employee
Employee
Executive
Employee
Acquisition
Brex has acquired 6 organizations. Their most recent acquisition was Elph Network on Mar 20, 2019. They acquired Elph Network for 0.
|
Date
Company Name
|
Industry | Acquisition Type | Price | |
|---|---|---|---|---|
|
Mar 20, 2019
Elph Network
|
Blockchain | acquisition | — | Detail |
|
Mar 24, 2020
Neji
|
Computer | acquisition | — | Detail |
|
Mar 24, 2020
Compose Labs
|
Communities | acquisition | — | Detail |
|
Mar 24, 2020
Landria
|
Analytics | acquisition | — | Detail |
|
Aug 17, 2021
|
Developer APIs | acquisition | $ 50M | Detail |
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