Brex IPO

Brex was created by Pedro Franceschi and Henrique Dubugras in 2017. In an interview with Forbes from June 2019, co-CEO Dubugras said the company does not yet have plans for an IPO, stating that “We’re in no rush to go public.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Brex is a financial services company tailored to startup companies, offering business credit cards and fund management accounts. Brex has raised $315 million in Venture Capital funding from investors including G Squared, Lone Pine Capital, Kleiner Perkins, DST Global, Greenoaks Capital Partners, Greyhound, IVP, Peter Thiel, Coinbase Ventures, Ribbit Capital, and Y Combinator. Per company press releases, Brex last raised an expansion of Series C in May 2020 bringing the total round size to $250 million at a post-money valuation of over $2.6 billion.

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What is Brex's ticker symbol?

Brex does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.

What is Brex's stock price?

The stock price for Brex will be known as it becomes public. Here are similar public companies: Paypal (NAS: PYPL), Robinhood (NAS: HOOD), E-Trade (NAS: ETFC), Tradeweb (NAS: TW).

Who are Brex's major investors?

Tiger Global Management
TCV
Y Combinator
Kleiner Perkins
G Squared
Ribbit Capital
IVP
Toba Capital
Endeavor Catalyst
Base10 Partners

Brex Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
1/11/2022 Series D-2 $300MM raised $XXX.XX $XXX.XX
4/26/2021 Series D $480MM raised $XXX.XX $XXX.XX
5/19/2020 Series C-2 $285.86MM raised $XXX.XX $XXX.XX
10/5/2018 Series C and C-1 $125.53MM raised $XXX.XX $XXX.XX
4/3/2018 Series B $47.27MM raised $XXX.XX $XXX.XX
4/20/2017 Series A $6.49MM raised $XXX.XX $XXX.XX
3/20/2017 Series SAFE 1 and SAFE 2 $1.07MM raised $XXX.XX $XXX.XX
Based on primary financings
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What is Brex funding to date?

Brex has raised $1.25B with the following series:
$1.07MM raised for Series SAFE 1 and SAFE 2,$6.49MM raised for Series A,$47.27MM raised for Series B,$125.53MM raised for Series C and C-1,$285.86MM raised for Series C-2,$480MM raised for Series D,$300MM raised for Series D-2.
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When was Brex founded?

Brex was founded in 2017.
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Can you invest in Brex?

Brex is a privately held company and is not publicly traded on NYSE or NASDAQ in the U.S. To buy pre-IPO shares of a private company, you need to be an accredited investor. Learn more about how to invest in the private market or register today to get started.

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Can you sell Brex share pre-IPO?

If you own Brex pre-IPO shares and are considering selling, you can find what your shares could be worth on Forge’s secondary marketplace.

Our Private Market Specialists are available to answer any questions you might have and can help connect you with a buyer from our network of 125,000 accredited investors and institutions. You can also learn more about how to sell your private shares before getting started.

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Is Brex a publicly traded company?

Brex is a private company and not publicly traded.

If you are interested in buying or selling private company shares, you can register with Forge today for free to explore your options. Registering gives you access to one of our Private Market Specialists who can guide you through the process of buying or selling. Learn more about how Forge might help you buy pre-IPO shares or sell pre-IPO shares.

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Updated on: Sep 1, 2022