Brex was founded in 2017 by Pedro Franceschi and Henrique Dubugras. Brex has not publicly endorsed a plan to participate in an IPO.

Brex is a financial services company tailored to startup companies, offering business credit cards and fund management accounts. Per Forge data, Brex raised $1.5 billion in funding over 12 rounds. Their latest funding was raised on May 18, 2022, from a Series D round. Key investors include Greenoaks and Tiger Global Management.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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Can you sell shares of Brex before it goes public?

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To learn more about Brex potential IPO

Will Brex go IPO?

Brex has not yet filed for an IPO. However, it’s important to note that IPOs are not the sole avenue for a private company to transition to public trading. Private companies can also go public through alternative methods such as but limited to Special Purpose Acquisition Companies (SPACs), direct listings, or mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

What is Brex’s IPO price?

The Brex IPO price does not exist at this time, as Brex is still a private company and has not yet conducted an IPO. To explore secondary market data and access private market pricing details and data that may be related to Brex register for Forge Markets, today.

When was Brex founded?

Brex was founded in 2017.

What is Brex funding to date?

Brex has raised $3.74B to date.

Who are Brex’s major investors?

Tiger Global Management
TCV
Y Combinator
Kleiner Perkins
Lone Pine Capital
G Squared
Ribbit Capital
IVP
Toba Capital
Greyhound Capital
Endeavor Catalyst
Caffeinated Capital
Knockout Capital
Base10 Partners
SciFi VC

Brex Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
01/11/2022 Series D-2 $300MM $xx.xx $12.3B Greenoaks Capital Partners, TCV
Price per Share
$xx.xx
Shares Outstanding
8,636,585
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Greenoaks Capital Partners, TCV
04/26/2021 Series D $480MM $xx.xx $7.72B Tiger Global Management, TCV, GIC, Baillie Gifford, Madrone Capital Partners, Durable Capital Partners, Valiant Capital Management, Base10, Y Combinator, Ribbit Capital, DST Global, Greenoaks Capital Partners, Lone Pine Capital, IVP
Price per Share
$xx.xx
Shares Outstanding
21,258,870
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Tiger Global Management, TCV, GIC, Baillie Gifford, Madrone Capital Partners, Durable Capital Partners, Valiant Capital Management, Base10, Y Combinator, Ribbit Capital, DST Global, Greenoaks Capital Partners, Lone Pine Capital, IVP
05/19/2020 Series C-2 $285.86MM $xx.xx $2.78B Kleiner Perkins, Y Combinator, Ribbit Capital, DST Global, Greenoaks Capital Partners, IVP, G Squared, Human Capital, Lone Pine Capital
Price per Share
$xx.xx
Shares Outstanding
26,605,642
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Kleiner Perkins, Y Combinator, Ribbit Capital, DST Global, Greenoaks Capital Partners, IVP, G Squared, Human Capital, Lone Pine Capital
10/05/2018 Series C-1 $530,862 $xx.xx $1.17B DST Global, Greenoaks Capital Partners, IVP, Mindset Ventures, Peter Thiel, Ribbit Capital, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
1,645,167
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
DST Global, Greenoaks Capital Partners, IVP, Mindset Ventures, Peter Thiel, Ribbit Capital, Y Combinator
10/05/2018 Series C $125MM $xx.xx $1.17B DST Global, Greenoaks Capital Partners, IVP, Mindset Ventures, Peter Thiel, Ribbit Capital, Y Combinator
Price per Share
$xx.xx
Shares Outstanding
34,549,896
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
DST Global, Greenoaks Capital Partners, IVP, Mindset Ventures, Peter Thiel, Ribbit Capital, Y Combinator
04/03/2018 Series B $47.27MM $xx.xx $210.04MM Carl Pascarella, EXOR Seeds, Max Levchin, One Way Ventures, Peter Thiel, Ribbit Capital, Y Combinator, Yuri Milner
Price per Share
$xx.xx
Shares Outstanding
42,358,034
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Carl Pascarella, EXOR Seeds, Max Levchin, One Way Ventures, Peter Thiel, Ribbit Capital, Y Combinator, Yuri Milner
04/20/2017 Series A $6.49MM $xx.xx $24.58MM Carl Pascarella, Max Levchin, Peter Thiel, Ribbit Capital
Price per Share
$xx.xx
Shares Outstanding
38,044,466
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Carl Pascarella, Max Levchin, Peter Thiel, Ribbit Capital
03/20/2017 SAFE 2 $966,516 $xx.xx $15.66MM Y Combinator, Human Capital
Price per Share
$xx.xx
Shares Outstanding
8,887,506
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Y Combinator, Human Capital
03/20/2017 SAFE 1 $100,006 $xx.xx $15.66MM Y Combinator, Human Capital
Price per Share
$xx.xx
Shares Outstanding
928,824
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
800.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Y Combinator, Human Capital
Updated on: Nov 21, 2024

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