Brex - About the company
Brex is an acquired company based in San Francisco (United States), founded in 2017. It operates as a Provider of financial software platform, cards, banking, expense, and accounting. Brex has raised $1.2B in funding from investors like DST Global, Greenoaks and Y Combinator, with last known valuation of $12.3B. The company has 499 active competitors, including 62 funded and 56 that have exited. Its top competitors include companies like Ramp, Mercury and Navan.
Sectors and market segments that Brex operate in
Brex serves in the FinTech, Travel and Hospitality Tech market segments.The primary business model of Brex are:Company Details
Provider of financial software platform, cards, banking, expense, and accounting. The platform offers tools for corporate cards, expense management, travel, bill pay, banking, and treasury services. It provides solutions for startups, mid-size companies, and enterprises. The platform includes features for spend control, expense automation, vendor payments, and accounting automation.
- Website
- www.brex.com/
- Social
- Email ID
- *****@brex.com
- Phone Number
- +1 **********
- Registered Address
- San Francisco, California
Key Metrics
Founded Year
2017
Location
San Francisco, United States
Stage
Acquired
Total Funding
$1.2B in 11 rounds
Latest Funding Round
Last Known Valuation
$12.3B as on Jan 01, 2022
Investors
Ranked
5th among 499 active competitors
Employee Count
5,158 as on Aug 31, 2026
Investment & Acquisitions
Exit Details
Acquired by Capital One (Jan 22, 2026)
Legal entities associated with Brex
Brex is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Brex Inc. CIN: 699338 , United States, Active | Jan 18, 2022 | - | - | - |
BREX PAYMENTS LLC CIN: 6037673 , United States, Active | Jun 16, 2021 | - | - | - |
BREX INC. CIN: 364071727 , United States, Active | Dec 31, 1999 | - | 72 (As on Dec 31, 2024) | - |
BREX RETAIL LLC CIN: 832444301 , United States, Active | Dec 26, 999 | - | 27 (As on Dec 31, 2019) | - |
Brex's acquisition details
Brex got acquired by Capital One on Jan 22, 2026 at an acquisition amount of $*****.
Click here to take a look at Brex's acquisition in detail
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Brex's funding and investors
Brex has raised a total funding of $1.2B over 11 rounds. Its first funding round was on Apr 01, 2017. Its latest funding round was a Conventional Debt round on Jan 13, 2025 for $235M. 2 investors participated in its latest round. Brex has 67 institutional investors and 5 angel investors.
Here is the list of recent funding rounds of Brex:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Jan 13, 2025 | $235M | Conventional Debt | - | - | - | |
Oct 22, 2021 | $300M | Series D | $12.3B | - | - | |
Aug 25, 2021 | $150M | Venture Debt | - | - | - |
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Brex's founders and board of directors
Founder? Claim ProfileBrex's employee count trend
Brex has 5,158 employees as of Aug 26. Here is Brex's employee count trend over the years:
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Brex's Competitors and alternates
Top competitors of Brex include Ramp, Mercury and Navan. Here is the list of Top 10 competitors of Brex, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Ramp 2019, New York City (United States), Series F | Provider of a platform for spend management, corporate cards, and payables | $3.22B | 84/100 | |
2nd | Mercury 2017, San Francisco (United States), Series D | Provider of a comprehensive online platform offering a range of financial services | $546M | 83/100 | |
3rd |  Navan 2015, Palo Alto (United States), Public | Provider of a platform for business travel and expense management | $1.58B | 80/100 | |
4th | BlueVine 2013, Redwood City (United States), Series F | Provider of business checking accounts, business loans, and business credit cards | $288M | 80/100 | |
5th | Brex 2017, San Francisco (United States), Acquired | Provider of financial software platform, cards, banking, expense, and accounting | $1.2B | 80/100 | |
6th |  Tide 2015, London (United Kingdom), Series C | Digital business banking platform | $181M | 80/100 | |
7th |  Emburse 2002, San Francisco (United States), Acquired | Provider of software for managing corporate travel and expense reporting | $7.5M | 76/100 | |
8th | Concur 1988, Bellevue (United States), Acquired | Provider of travel, expense, and invoice management solutions for businesses | - | 75/100 | |
9th |  Marqeta 2010, Oakland (United States), Public | Provider of a platform for modern card issuing and payment solutions | $528M | 75/100 | |
10th |  OakNorth Bank 2015, London (United Kingdom), Series C | Digital bank empowering entrepreneurs and savers with smart tools | $962M | 74/100 |
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Brex's Investments and acquisitions
Brex has made 9 investments in companies including Yuzu Health and Skupos. Brex has also acquired 6 companies including Pry and Weav.Here is the list of investments & acquisitions:Filter this list
Filter this listDate of Investment/Acquisition | Type | Company Name | Founded Year | Location |
|---|---|---|---|---|
Oct 31, 2023 | Investments | - | ||
Mar 20, 2023 | Investments | 2016 | San Francisco (United States) | |
Jan 06, 2023 | Investments | 2011 | Greenwood Village (United States) |
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Reports related to Brex
Here is the latest report on Brex's sector:
News related to Brex
Filter this listMedia has covered Brex for a total of 28 events in the last 1 year, 6 of them have been about partnerships and 5 about company updates.
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Natural Raises $30M Series A for AI Agent Payments InfrastructurePR Newswire•Jul 20, 2026•Forerunner Ventures, Privy, Human Capital, Abstract and 5 others
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Tekion Enhances AI Suite with Four New Additions and Partners with Brex for Expense ManagementAuto Remarketing•Jun 17, 2026•Tekion, Brex
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Base10 Partners raises $850m for AI startup investmentsTech in Asia•Jun 12, 2026•Sofina, Base10 Partners, Peak XV Partners, Y Combinator and 5 others
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Subquadratic Raises $29M Seed for Generative AI ModelTechno Trenz•May 11, 2026•Anthropic, OpenAI, Stripe, Brex and 2 others
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Multiply raises $9.5m for self-learning ads, reports 300%-500% pipeline increase for B2B companiesGlobeNewswire•Mar 18, 2026•Sorenson Capital, Mayfield, Multiply, Multiply Media and 6 others
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Consero Global Partners with Brex to Deliver AI-Native Corporate CardsNewswire•Feb 05, 2026•Consero Global, Brex
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