Brex

Acquired

AI-powered corporate spend management platform providing corporate cards, expense management, bill payments, and banking solutions for startups and enterprises.

Founders Henrique Dubugras, Pedro Franceschi
CEO Pedro Franceschi

Company

Founded
2017
Headquarters
San Francisco, US
Employees
1001-5000

Financials

Total Funding
$1.2B
Last Valuation
$12.3B
Revenue (ARR)
$100M-$500M
Sectors
Fintech SaaS Payments
www.brex.com

Funding History

11 rounds
Acquired by Capital One Jan 22, 2026
$5.2B
Debt Jan 13, 2025
$235M
Credit facility (debt, not equity). Not included in total funding.
Citi (Lender) TPG Angelo Gordon (Lender)
Series D Jan 11, 2022
$300M
Valuation: $12.3B
Greenoaks Capital Partners (Lead) Technology Crossover Ventures (Lead) Y Combinator Ribbit Capital DST Global Tiger Global Management Lone Pine Capital IVP
Series D Apr 26, 2021
$425M
Valuation: $7.4B
Tiger Global Management (Lead) Technology Crossover Ventures GIC Baillie Gifford Madrone Capital Partners Durable Capital Partners Base10 Partners Y Combinator Ribbit Capital DST Global Greenoaks Capital Partners Lone Pine Capital IVP
Series C May 19, 2020
$150M
Valuation: $3.0B
DST Global (Lead) Lone Pine Capital Greenoaks Capital Partners Y Combinator IVP Ribbit Capital
Debt Dec 11, 2019
$200M
Credit facility (debt, not equity). Not included in total funding.
Credit Suisse (Lender)
Series C Jun 11, 2019
$100M
Valuation: $2.6B
Kleiner Perkins (Lead) DST Global IVP Y Combinator Greenoaks Capital Partners Ribbit Capital
Debt Apr 1, 2019
$100M
Credit facility (debt, not equity). Not included in total funding.
Barclays (Lender)
Series C Oct 5, 2018
$125M
Valuation: $1.1B
Greenoaks Capital Partners (Lead) DST Global (Lead) IVP (Lead) Ribbit Capital Y Combinator
Series B Jun 19, 2018
$57M
Y Combinator (Lead) Ribbit Capital Peter Thiel Max Levchin
Series A Apr 1, 2017
$7M
Ribbit Capital (Lead) Y Combinator
Pre Seed Mar 20, 2017
$120K
Y Combinator (Lead)

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.