Brex is a credit card company that issues corporate credit cards.
May 20, 2020
March 24, 2020
Brex announced $100 million funding in a Series C extension round in June 2019. Kleiner Perkins Digital Growth FundKleiner Perkins Digital Growth Fund led the round with participation from Y Combinator Continuity fund, GreenOaks Capital, IVP (Insititutional Venture Partners), Ribbit Capital and DST Global. Brex's post-money valuation was $2.6 billion.
Brex raised $125 million in funding in October 2018. The round was led by GreenOaks Capital and DST Global. Other investors included RIbbit Capital, Y Combinator, Peter Thiel, Mindset Ventures, Larry Summers, Justin Mateen, Jaws VenturesJaws Ventures, IVP (Institutional Venture Partners) and Greyhound Capital. The post-money valuation of Brex was $1.1 billion.