Brex
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| Brex | |
| Company type | Privately held company |
| Founded | January 3, 2017 |
| Founders | Henrique Dubugras, Pedro Franceschi |
| Headquarters | San Francisco, CA |
| Website | brex |
Brex is a credit card company that issues corporate credit cards to technology companies in the United States.
In May 2019 Brex was raising $2 billion valuation.[1]
Inception and funding structure
Brazilians Henrique Dubugras and Pedro Franceschi founded the company.[2] In January 2017, Brex received seed funding from Y Combinator.[3] Brex received additional capital from Peter Thiel, Max Levchin, Ribbit Capital, and Yuri Milner.[4] In October 2018, Brex raised an additional $125 Million in its series C funding.[5]
Service
Brex offers corporate credit cards to early stage technology companies.[6]
References
- ^ "Less than 1 year after launching its corporate card for startups, Brex eyes $2B valuation". TechCrunch. Retrieved 2019-05-30.
- ^ "I Am Living Proof Of The American Dream: With Henrique Dubugras Co-founder of Brex". Authority Magazine. 2018-07-11. Retrieved 2018-07-11.
- ^ Kauflin, Jeff. "New Credit Card Startup Lands $50 Million From PayPal Mafia And Other Investors". Forbes. Retrieved 2018-08-01.
- ^ "Meet Y Combinator's Favorite Credit Card Startup—Which Just Raised $50 Million from PayPal Founders". Fortune. Retrieved 2018-06-20.
- ^ Rudegeair, Peter (2018-10-05). "The College Dropouts Who Rode Credit Cards Into The Billion-Dollar Startup Club". Wall Street Journal. ISSN 0099-9660. Retrieved 2018-10-08.
- ^ "Brex Small Business Card: If Square Could Work, Is There Potential Here?". PaymentsJournal. 2018-06-19. Retrieved 2018-08-01.
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