Brex

Draper, United States Founded: 2017 • Age: 9 yrs Acquired By Capital One
SaaS-driven credit card and spend management solutions platform for businesses

About Brex

Brex is a Financial Services company based in Draper (United States) founded in 2017 by Henrique Dubugras and Pedro Franceschi, and was acquired by Capital One in January 2026. SaaS-driven credit card and spend management solutions platform for businesses. It operates in the Financial Services, Travel & Hospitality, and Technology sectors. Brex has raised $1.2 billion across 11 funding rounds from investors including Citi, American Express and SVB. The company has 5,356 employees. Brex has completed 6 acquisitions, including Compose Labs, Elph and Landria. Brex was last valued at $12.3 billion in January 2025. Its chief executive, as recorded, is Pedro Franceschi. Its website brex.com draws about 920 thousand monthly visits. Brex offers products and services including Corporate Cards, Expense Management, Bill Pay, and Banking and Treasury. Its focus areas include FinTech, Finance & Accounting Tech, Accounting Solutions and Procure to Pay. Its legal entity in India is Brex Empower India Private Limited (U72900KA2022PTC157380). Its competitors include Ramp, Navan and BlueVine; 3 of its 3 listed competitors have raised funding.

Company details

Brex was founded in 2017 and is headquartered in Draper, United States, operating in the fintech sector. A SaaS platform is provided for corporate credit cards, spend management, and expense tracking. Services include integration of credit cards, bank accounts, payments, and accounting systems, along with cash management accounts, spending controls, and virtual accounts. Mobile applications are available on iOS and Android for user access.

  • Headquarters Draper, United States
  • Employees 5,356
  • Founders Henrique Dubugras, Pedro Franceschi
  • Stage Acquired
  • Sectors
    Financial Services
    Travel & Hospitality Technology
  • Website category Finance
  • Email
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  • Phone
    β€’β€’β€’β€’ β€’β€’β€’β€’
  • Website brex.com
  • Social LinkedIn X Facebook Instagram YouTube
  • Acquired by Capital One (Jan 2026)
  • Legal Name Brex Empower India Private Limited
  • Date of Incorporation 02 Feb, 2022
  • Jurisdiction Bangalore, Karnataka, India
Key Metrics
  • Total Equity Funding
    $1.2B (USD)

    in 11 rounds

  • Latest Funding Round
    $235M (USD), Debt – Conventional

    Jan 2025

  • Investors
    Citi

    & 64 more

  • Employee Count
    5,356
  • Investments & Acquisitions
  • Acquired by
    Capital One

    (Jan 2026)

Products & Services of Brex

Brex offers a comprehensive portfolio of products and services, including Corporate Cards, Expense Management, Bill Pay, and Banking and Treasury.

Corporate Cards
Payment Solutions

Enable smart global spending with built-in controls and limits.

Expense Management
Financial Software

Automate receipts, approvals, and reports using AI for efficiency.

Bill Pay
Payment Automation

Streamline invoice entry and vendor payments with AI tools.

Banking and Treasury
Cash Management

Offer high-yield accounts and global payments for business funds.

Apps and channels of Brex

Brex publishes 2 mobile apps with over 100K+ downloads; its YouTube channel Brex has 3.41K subscribers and 30 videos.

Brex
Google Play Finance Everyone Free
Developer: Brex, Inc
View on Google Play
Brex
App Store Business 4+
Developer: Brex
View on App Store
Brex
YouTube 3.41K subscribers 30 videos Science & Technology
Open channel

Videos from Brex

The most watched videos on Brex's YouTube channel, Brex (3.41K subscribers). Click a video to play it here.

Brex 2025 Spring Release: Customize anything. Control everything.
1.3K views
Brex 2025 Summer Release: Speed meets control
1.1K views
How To: Send an Invoice
727 views
How To: Migrate Spend
480 views

More on Brex.

Funding Insights of Brex

Brex has successfully raised a total of $1.2B across 11 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $235 million completed in January 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $1.2B
  • Total Rounds 11
  • Last Round Debt – Conventional β€” $235M
  • First Round $7M

    (Apr 2017)

  • Investors Count 65

Latest 10 of 11 funding rounds of Brex with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2025$235MDebt – Conventional––
Oct 2021$300MSeries D$12.3BGreenoaks, TCV
–
Aug 2021$150MDebt – Venture––
Apr 2021$425MSeries D$7.4BTiger Global Management
May 2020$150MSeries C–Lone Pine Capital, DST Global Partners
–
Dec 2019$200MDebt – Conventional––
Jun 2019$100MSeries C$β€’β€’β€’β€’β€’Kleiner Perkins
Apr 2019$100MDebt – Conventional––
Oct 2018$125MSeries C$β€’β€’β€’β€’β€’Greenoaks, DST Global
Mar 2018$50MSeries B–Y Combinator
Valuation history
DateValuationStage
Oct 2021$12.3Bβ€’β€’β€’β€’β€’β€’β€’β€’
Apr 2021$7.4Bβ€’β€’β€’β€’β€’β€’β€’β€’
Jun 2019$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
Oct 2018$β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’
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Full valuation and stage history of Brex

Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.

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Last known valuation $12.3B (Jan 2025). 65 investors in total: 60 institutional and 5 angel.

Investors in Brex

Brex has secured backing from 65 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include Citi, American Express and SVB.

All
Venture Fund
Institutional
Angel
InvestorDescriptionFounded YearDomainLocation
Fund of funds focused on pre-seed and seed-stage companies
1992tpg.comFort Worth, United States
Tech-enabled businesses are funded by Greenoaks venture capital firm.
greenoaks.comSan Francisco, United States
Venture capital is invested in global technology companies by TCV.
tcv.comMenlo Park, United States
Venture and private equity investments are managed with global diversification.
tigerglobal.comNew York, United States
Investment management services are offered by Durable Capital Partners.
durablecap.comBethesda, United States
Investments are managed by Base10 Partners in technology for the real economy, with operations in finance, food, retail, and related sectors.
base10.vc
Early-stage startups are accelerated via funding and educational programs.
ycombinator.comMountain View, United States
Early-stage companies in fintech and multiple sectors are invested in.
2012ribbitcap.comPalo Alto, United States
Sovereign wealth is managed and private equity investments are facilitated.
gic.com.sgSingapore, Singapore
Venture capital investment firm
dst-global.comMenlo Park, United States
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Investor details for Brex

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Verified entity values are shown only after access is granted.

Board of directors of Brex Empower India Private Limited (Brex)

Brex Empower India Private Limited is the primary company behind Brex. The board of Brex Empower India Private Limited currently have 2 directors; the longest-serving is Sachin Agarwal, appointed in 2022. 4 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sachin Agarwal
DIN 00081826
Director02 Feb 20224 yrs 9 moBrex Empower India Private Limited
Sumit Mallick
DIN 11348494
Additional Director19 Oct 20251 yrBrex Empower India Private Limited

People of Brex

175 people are tracked at Brex (36 in leadership, 3 in board & advisors, 136 in team); the tracked headcount is 5,356.

NameRoleGroup
Henrique Dubugras
Co-FounderLeadership
Pedro Franceschi
Founder and CEOLeadership
Ben Gammell
Chief Financial OfficerLeadership
Bruce Wallace
Co-CEO & Strategic AdvisorLeadership
Doug Adamic
Chief Revenue OfficerLeadership
Arthur Levy
Chief Strategy OfficerLeadership
Yunas Reguero
Director Of Business DevelopmentLeadership
Shuli Song
Director, GTM FinanceLeadership
Anshul Shah
Head Of Accounting & CFO Partnerships | VC AmbassadorLeadership
Jimmy Stephens
Director, Sales & PartnershipsLeadership
Scott Shaw
VP Global Customer ExperienceLeadership
Shao Li
Director Of AccountingLeadership
Gladys Martinez
Head Of Executive OperationsLeadership
Leiguang Ren
Head Of Risk EngineeringLeadership
Alex Schendel
Strategic Finance, DirectorLeadership
Arty Akhtenberg
Head Of Sales FinanceLeadership
Marcela Gelhoren
Director Of Underwriting And Portfolio ManagementLeadership
Greg Gotimer
Senior Director, Payment OperationsLeadership
Akshata Kalia
DirectorLeadership
Li-Anne Dias
Executive Creative DirectorLeadership

155 more people are available in the full profile.

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Investments & Acquisitions by Brex

Brex has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Compose Labs, Elph and Landria.

Acquisitions
Company NameDescriptionDomainLocationFoundedAcquiredAmount
Cloud-based financial planning and analytics solutions are offered for businesses.
pry.coSan Francisco, United States2010Apr 2022$90M
Open banking API for commerce platforms is enabled.
weav.coNew York, United States2020Aug 2021$50M
Unified enterprise search is enabled by a cloud-based platform.
landria.ioUnited States2018Mar 2020β€’β€’β€’β€’
Network appliances for traffic management and cybersecurity are provided.
neji.ioSan Francisco, United States2017Mar 2020β€’β€’β€’β€’
Provides learning management system
composelabs.comSan Francisco, United States2015Mar 2020β€’β€’β€’β€’
Blockchain tools and infrastructure for dApps are developed and provided.
elph.comSan Francisco, United States2018Mar 2019β€’β€’β€’β€’
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  • Exports

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Timeline of Brex

12 dated milestones of Brex across 9 years, from founding to its latest funding, stage changes and deals.

  1. Founded Brex is founded.
  2. Funding First funding round of $7.0M.
  3. Milestone Reaches Unicorn status.
  4. Acquisition Acquires Elph.
  5. Acquisition Acquires Compose Labs.
  6. Acquisition Acquires Neji.
  7. Acquisition Acquires Landria.
  8. Acquisition Acquires Weav.
  9. Milestone Reaches Decacorn status.
  10. Acquisition Acquires Pry.
  11. Funding Latest funding round, Debt – Conventional, of $235.0M.
  12. Exit Acquired by Capital One.

Competitors of Brex

Brex has 3 listed competitors in our database, 3 of them funded. They include Ramp, Navan and BlueVine.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
ramp.com2019New York, United States$5.07B
Spend management and accounts payable solutions are delivered to businesses.
navan.com2015Palo Alto, United States$1.58B847
Corporate travel and expense management are facilitated through SaaS platform.
bluevine.com2013Redwood, United States$287.5M334
Digital bank for businesses
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Detailed competitors of Brex

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Web traffic of Brex

The website of Brex (brex.com) receives about 919.8K visits a month and ranks #37,270 among all websites worldwide, #2,349 in Finance.

  • Monthly visits
    919.8K

    ▲ 11% vs previous month

  • Unique visitors
    255.6K

    per month

  • Global rank
    #37,270

    among all websites

  • Category rank
    #2,349

    Finance · Finance

Similar websites

Websites whose visitors overlap most with Brex. Affinity shows how closely the audiences match.

WebsiteDomainAudience affinityMonthly visitsGlobal rankProfile
carta.com
100%
2M#23,894View details
teamblind.com
95%
16.3M#3,301View details
nerdwallet.com
94%
22.3M#2,677View details
rho.co
91%
290.5K#159,477View details
svb.com
91%
446.4K#73,009View details
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Banking & FinTech Platforms

3 companies that operate in the same segment as Brex (Banking & FinTech Platforms) in United States, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
Online business banking and financial workflow tools are provided.
2010San Francisco, California, United StatesUSD 546 MUSD 2.71 M1,807
Digital banking services are offered to individuals via mobile apps.
2012San Francisco, California, United StatesUSD 3.15 BUSD 1.96 B2,516
Digital sustainable banking services are offered to consumers.
2013Los Angeles, California, United StatesUSD 865 M237
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Related news about Brex

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Frequently Asked Questions about Brex

Brex was founded in 2017.

Brex is headquartered in Draper, United States. It is registered at Draper, Utah, United States.

Pedro Franceschi is the CEO of Brex, as recorded in our data. They have also founded this company.

Brex is a funded company, having raised a total of $1.2B across 11 funding rounds to date. The company's 1st funding round was a Series B of $50M, raised on Apr 2017.

Brex has 5,356 employees.

Brex was founded in 2017 and is headquartered in Draper, United States, operating in the fintech sector. A SaaS platform is provided for corporate credit cards, spend management, and expense tracking. Services include integration of credit cards, bank accounts, payments, and accounting systems, along with cash management accounts, spending controls, and virtual accounts. Mobile applications are available on iOS and Android for user access.

Brex's top competitors include Navan, Ramp and BlueVine.

Brex offers Corporate Cards, Expense Management, Bill Pay, and Banking and Treasury.

Brex has made 6 acquisitions, including Compose Labs, Elph, and Landria.

Brex has 65 investors. Key investors include Citi, American Express, SVB, UBS, and Bank of America.

The valuation of Brex is $12.3B as of Jan 2025.

Brex operates through Brex Empower India Private Limited.

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