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
- SectorsFinancial ServicesTravel & Hospitality Technology
- Website category Finance
- Emailβ’β’β’β’β’β’β’β’
- Phoneβ’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
- Total Equity Funding$1.2B (USD)
in 11 rounds
- Latest Funding Round$235M (USD), Debt – Conventional
Jan 2025
- InvestorsCiti
& 64 more
- Employee Count5,356
- Investments & AcquisitionsCompose Labs
& 5 more
- Acquired byCapital One
(Jan 2026)
Associated legal entities of Brex
Brex operates through Brex Empower India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Brex Empower India Private Limited CIN U72900KA2022PTC157380 | Active | 02 Feb 2022 | Bangalore, Karnataka | 2 | View details |
Products & Services of Brex
Brex offers a comprehensive portfolio of products and services, including Corporate Cards, Expense Management, Bill Pay, and Banking and Treasury.
Enable smart global spending with built-in controls and limits.
Automate receipts, approvals, and reports using AI for efficiency.
Streamline invoice entry and vendor payments with AI tools.
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.
Videos from Brex
The most watched videos on Brex's YouTube channel, Brex (3.41K subscribers). Click a video to play it here.
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 β 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.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jan 2025 | $235M | Debt – Conventional | β | β | |
| Oct 2021 | $300M | Series D | $12.3B | Greenoaks, TCV | β |
| Aug 2021 | $150M | Debt – Venture | β | β | |
| Apr 2021 | $425M | Series D | $7.4B | Tiger Global Management | |
| May 2020 | $150M | Series C | β | Lone Pine Capital, DST Global Partners | β |
| Dec 2019 | $200M | Debt – Conventional | β | β | |
| Jun 2019 | $100M | Series C | $β’β’β’β’β’ | Kleiner Perkins | |
| Apr 2019 | $100M | Debt – Conventional | β | β | |
| Oct 2018 | $125M | Series C | $β’β’β’β’β’ | Greenoaks, DST Global | |
| Mar 2018 | $50M | Series B | β | Y Combinator |
| Date | Valuation | Stage |
|---|---|---|
| Oct 2021 | $12.3B | β’β’β’β’β’β’β’β’ |
| Apr 2021 | $7.4B | β’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’ |
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.
- All valuation points
- Stage changes
- Dates
- Exports
Verified entity values are shown only after access is granted.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fund of funds focused on pre-seed and seed-stage companies | 1992 | tpg.com | Fort Worth, United States | |
Tech-enabled businesses are funded by Greenoaks venture capital firm. | greenoaks.com | San Francisco, United States | ||
Venture capital is invested in global technology companies by TCV. | tcv.com | Menlo Park, United States | ||
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Investment management services are offered by Durable Capital Partners. | durablecap.com | Bethesda, 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.com | Mountain View, United States | ||
Early-stage companies in fintech and multiple sectors are invested in. | 2012 | ribbitcap.com | Palo Alto, United States | |
Sovereign wealth is managed and private equity investments are facilitated. | gic.com.sg | Singapore, Singapore | ||
Venture capital investment firm | dst-global.com | Menlo Park, United States |
Investor details for Brex
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
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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.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sachin Agarwal DIN 00081826 | Director | 02 Feb 2022 | 4 yrs 9 mo | Brex Empower India Private Limited |
| Sumit Mallick DIN 11348494 | Additional Director | 19 Oct 2025 | 1 yr | Brex 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.
| Name | Role | Group |
|---|---|---|
Henrique Dubugras | Co-Founder | Leadership |
Pedro Franceschi | Founder and CEO | Leadership |
Ben Gammell | Chief Financial Officer | Leadership |
Bruce Wallace | Co-CEO & Strategic Advisor | Leadership |
Doug Adamic | Chief Revenue Officer | Leadership |
Arthur Levy | Chief Strategy Officer | Leadership |
Yunas Reguero | Director Of Business Development | Leadership |
Shuli Song | Director, GTM Finance | Leadership |
Anshul Shah | Head Of Accounting & CFO Partnerships | VC Ambassador | Leadership |
Jimmy Stephens | Director, Sales & Partnerships | Leadership |
Scott Shaw | VP Global Customer Experience | Leadership |
Shao Li | Director Of Accounting | Leadership |
Gladys Martinez | Head Of Executive Operations | Leadership |
Leiguang Ren | Head Of Risk Engineering | Leadership |
Alex Schendel | Strategic Finance, Director | Leadership |
Arty Akhtenberg | Head Of Sales Finance | Leadership |
Marcela Gelhoren | Director Of Underwriting And Portfolio Management | Leadership |
Greg Gotimer | Senior Director, Payment Operations | Leadership |
Akshata Kalia | Director | Leadership |
Li-Anne Dias | Executive Creative Director | Leadership |
155 more people are available in the full profile.
Complete people profiles for Brex
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Brex
Brex has strategically engaged in corporate development activities, having acquired 6 companies. Notable acquisitions include Compose Labs, Elph and Landria.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Cloud-based financial planning and analytics solutions are offered for businesses. | pry.co | San Francisco, United States | 2010 | Apr 2022 | $90M | |
Open banking API for commerce platforms is enabled. | weav.co | New York, United States | 2020 | Aug 2021 | $50M | |
Unified enterprise search is enabled by a cloud-based platform. | landria.io | United States | 2018 | Mar 2020 | β’β’β’β’ | |
Network appliances for traffic management and cybersecurity are provided. | neji.io | San Francisco, United States | 2017 | Mar 2020 | β’β’β’β’ | |
Provides learning management system | composelabs.com | San Francisco, United States | 2015 | Mar 2020 | β’β’β’β’ | |
Blockchain tools and infrastructure for dApps are developed and provided. | elph.com | San Francisco, United States | 2018 | Mar 2019 | β’β’β’β’ |
Complete acquisition details for Brex
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
- 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.
- Founded Brex is founded.
- Funding First funding round of $7.0M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Elph.
- Acquisition Acquires Compose Labs.
- Acquisition Acquires Neji.
- Acquisition Acquires Landria.
- Acquisition Acquires Weav.
- Milestone Reaches Decacorn status.
- Acquisition Acquires Pry.
- Funding Latest funding round, Debt β Conventional, of $235.0M.
- 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 Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ramp.com | 2019 | New York, United States | $5.07B | Spend management and accounts payable solutions are delivered to businesses. | ||
| navan.com | 2015 | Palo Alto, United States | $1.58B | 847 | Corporate travel and expense management are facilitated through SaaS platform. | |
| bluevine.com | 2013 | Redwood, United States | $287.5M | 334 | Digital bank for businesses |
Detailed competitors of Brex
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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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 visits919.8K
▲ 11% vs previous month
- Unique visitors255.6K
per month
- Global rank#37,270
among all websites
- Category rank#2,349
Finance · Finance
- Bounce rate26%
- Pages per visit10.7
- Average visit12 min 52 sec
- DevicesDesktop 75% Β· Mobile 25%
Websites whose visitors overlap most with Brex. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| carta.com | 100% | 2M | #23,894 | View details | |
| teamblind.com | 95% | 16.3M | #3,301 | View details | |
| nerdwallet.com | 94% | 22.3M | #2,677 | View details | |
| rho.co | 91% | 290.5K | #159,477 | View details | |
| svb.com | 91% | 446.4K | #73,009 | View details | |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
| β’β’β’β’β’β’β’β’β’β’ | β’β’β’β’β’β’.com | β’β’% | β’.β’M | #β’β’β’β’β’ | β |
All 40 similar websites and full traffic analytics for Brex
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- 40 similar websites
- Audience overlap
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Verified entity values are shown only after access is granted.
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.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Online business banking and financial workflow tools are provided. | 2010 | San Francisco, California, United States | USD 546 M | USD 2.71 M | 1,807 | |
Digital banking services are offered to individuals via mobile apps. | 2012 | San Francisco, California, United States | USD 3.15 B | USD 1.96 B | 2,516 | |
Digital sustainable banking services are offered to consumers. | 2013 | Los Angeles, California, United States | USD 865 M | 237 |
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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 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.

