Address

Brex Inc
San Francisco, CA
United States

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Business classification

VCID: 580511
    Profile

    Corporate information

    Official name
    Brex Inc.

    Registration country
    Investment activity status
    Active investor

    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 (27 Apr 2021) at USD 7,400,000,000 valuation.

    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. United States Initial investment. Led the round.
    Baillie Gifford Independent investment manager based in Edinburgh, investing globally on behalf of its clients. United Kingdom Initial investment. Round participant.
    Base10 Partners Venture capital firm investing in the automation of the real economy, including transportation, healthcare, retail, logistics, and construction. Initial investment. Round participant.
    Durable Capital Partners GP LLC Initial investment. Round participant.
    GIC Private Ltd Singapore sovereign wealth fund. Singapore Initial investment. Round participant.
    Madrone Capital Partners LLC United States Initial investment. Round participant.
    Technology Crossover Ventures LLC American investment firm based in Menlo Park, California. United States Initial investment. Round participant.
    Valiant Capital Management LP Global long/short equity hedge fund founded by Christopher Hansen. Initial investment. Round participant.
    DST Global The investment vehicle of Silicon Valley-based Russian Internet financier Yuri Milner. United States Follow-on investment. Round participant.
    Greenoaks Capital Partners LLC Privately held global investment firm Follow-on investment. Round participant.
    Institutional Venture Partners US-based venture capital investment firm focusing on later-stage companies and growth equity investments. United States Follow-on investment. Round participant.
    Lone Pine Capital LLC Follow-on investment. Round participant.
    Ribbit Capital Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. United States Follow-on investment. Round participant.
    YC Continuity Follow-on investment. Round participant.

    Debt USD 200,000,000


    USD 200,000,000 (12 Dec 2019)

    Profile Country Notes
    Credit Suisse AG Switzerland Led the round.

    Debt USD 100,000,000


    USD 100,000,000 (16 Apr 2019)

    Profile Country Notes
    Barclays Investment Bank Led the round.

    Series C USD 125,000,000


    USD 125,000,000 (5 Oct 2018) at USD 975,000,000 valuation.

    Profile Country Notes
    DST Global The investment vehicle of Silicon Valley-based Russian Internet financier Yuri Milner. United States Led the round.
    Greenoaks Capital Partners LLC Privately held global investment firm Led the round.
    Glenn Dubin Round participant.
    Greyhound Capital Management LLP Growth equity firm investing in technology-enabled businesses in traditional, everyday industries that are transforming our daily lives. United Kingdom Round participant.
    Institutional Venture Partners US-based venture capital investment firm focusing on later-stage companies and growth equity investments. United States Round participant.
    Justin Mateen Round participant.
    Lawrence Summers Round participant.
    Mindset Ventures International early stage Venture Capital firm with investment focus primarily in the United States and Israel. United States Round participant.
    Peter Thiel United States Round participant.
    Ribbit Capital Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. United States Follow-on investment. Round participant.
    Y Combinator American technology startup accelerator. United States Follow-on investment. Round participant.

    Series B USD 50,000,000


    USD 50,000,000 (19 Jun 2018)

    Profile Country Notes
    Y Combinator American technology startup accelerator. United States Follow-on investment. Led the round.
    GFC Global Founders Capital GmbH The venture arm of Rocket Internet. Germany Round participant.
    Glenn Dubin Round participant.
    Hugo Barra Round participant.
    Max Levchin Round participant.
    One Way Ventures United States Round participant.
    Peter Thiel United States Round participant.
    SV Angel Silicon Valley-based angel fund. United States Round participant.
    Yuri Milner Round participant.
    Ribbit Capital Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. United States Follow-on investment. Round participant.

    Series A USD 7,000,000


    USD 7,000,000 (1 Apr 2017)

    Profile Country Notes
    Ribbit Capital Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services. United States Initial investment. Led the round.
    Exor Seeds Round participant.
    GE32 Capital Round participant.
    Jake Seid Round participant.
    Max Levchin Round participant.
    Michael Seibel Round participant.
    Paul Buchheit United States Round participant.
    Peter Thiel United States Round participant.
    Ruchi Sanghvi Round participant.
    Y Combinator American technology startup accelerator. United States Follow-on investment. Round participant.

    Seed USD 120,000


    USD 120,000 (20 Mar 2017)

    Profile Country Notes
    Y Combinator American technology startup accelerator. United States Initial investment. Led the round.


    Profile Country Notes
    G Squared Equity Management LLC Global growth stage venture capital firm. United States Initial investment. Round participant.

    Current and past shareholders

    Investor Contacts Round
    Baillie Gifford logo Baillie Gifford
    Independent investment manager based in Edinburgh, investing globally on behalf of its clients.
    Series D
    Barclays Investment Bank logo Barclays Investment Bank
    Debt
    Base10 Partners logo Base10 Partners
    Venture capital firm investing in the automation of the real economy, including transportation, healthcare, retail, logistics, and construction.
    Series D
    Credit Suisse AG logo Credit Suisse AG
    212-538-5591
    Debt
    DST Global logo DST Global
    The investment vehicle of Silicon Valley-based Russian Internet financier Yuri Milner.
    Series C
    Series D
    Durable Capital Partners GP LLC logo Durable Capital Partners GP LLC
    Series D
    Exor Seeds logo Exor Seeds
    Series A
    BHF Bank logo G Squared Equity Management LLC
    Global growth stage venture capital firm.
    N/A
    GE32 Capital
    Series A
    Global Founders Capital logo GFC Global Founders Capital GmbH
    The venture arm of Rocket Internet.
    +49 (30) 300-1318-00
    Series B
    GIC Private Ltd logo GIC Private Ltd
    Singapore sovereign wealth fund.
    Series D
    [node:title] photo Glenn Dubin
    Series A
    Series B
    Series C
    Greenoaks Capital Partners LLC logo Greenoaks Capital Partners LLC
    Privately held global investment firm
    Series C
    Series D
    Greyhound Capital logo Greyhound Capital Management LLP
    Growth equity firm investing in technology-enabled businesses in traditional, everyday industries that are transforming our daily lives.
    Series C
    Institutional Venture Partners logo Institutional Venture Partners
    US-based venture capital investment firm focusing on later-stage companies and growth equity investments.
    +1 (650) 854-0132
    Series C
    Series D
    Lone Pine Capital LLC Lone Pine Capital LLC
    Series D
    Madrone Capital Partners logo Madrone Capital Partners LLC
    Series D
    Mindset Ventures logo Mindset Ventures
    International early stage Venture Capital firm with investment focus primarily in the United States and Israel.
    Series C
    One Way Ventures logo One Way Ventures
    Series B
    Ribbit Capital logo Ribbit Capital
    Venture capital firm that invests globally in early stage companies who are aiming to disrupt financial services.
    Series A
    Series B
    Series C
    Series D
    SV Angel logo SV Angel
    Silicon Valley-based angel fund.
    +1 (650) 854-4500
    Series B
    Technology Crossover Ventures LLC logo Technology Crossover Ventures LLC
    American investment firm based in Menlo Park, California.
    +1 (650) 614-8200
    Series D
    Tiger Global Management LLC logo Tiger Global Management LLC
    Investment firm focused on public and private companies in the global Internet, software, consumer, and financial technology industries.
    Series D
    Valiant Capital Management LP logo Valiant Capital Management LP
    Global long/short equity hedge fund founded by Christopher Hansen.
    Series D
    Y Combinator logo Y Combinator
    American technology startup accelerator.
    Seed
    Series A
    Series B
    Series C
    YC Continuity logo YC Continuity
    Series D

    Notable suppliers