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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Learn more about Brex

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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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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 through mergers and acquisitions. Find out which companies are eyeing an IPO on our Tech IPO Calendar 2024.

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What is Brex's IPO price?

The IPO price for Brex will be known only if it becomes public. However, you may access the "Price At Last Round" and the "Implied EV" for publicly traded comparable companies with Forge Data.
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Can you invest in Brex pre-IPO?

Brex is privately held company and is not publicly traded, therefor investing in Brex pre-IPO is only available to accredited investors. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to invest in private companies before their potential IPO. If you are not an accredited investor, discover how to begin the the process to potentially qualify for new investment opportunities.

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What is the value of my Brex shares?

To determine the value of your Brex shares, create a free account to gain access to Forge’s platform. Forge Markets contains pricing information for hundreds of pre-IPO companies. A Private Market Specialist will also be available to assist you with any inquiries related to your Brex shares. You can also learn more about how to sell your private shares before getting started.

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Can you sell Brex before it goes public?

Yes, you can seek to sell shares in Brex while it remains private. If you are considering selling, you can register today for free to get started. Once registered, a Private Market Specialist will guide you through any questions you might have. You may also continue to browse through our resources to help you understand the implications and procedures involved in selling your private market shares.

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What is Brex's funding to date?

Brex has raised $1.25B to date.
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When was Brex founded?

Brex was founded in 2017.

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 last known valuation

Date Funding Round Funding Raised Price per Share Last Known 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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Updated on: Jul 26, 2024

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Public news articles listed on this page have been curated by Forge based on several factors including, but not limited to, product updates, changes in organization structure, funding rounds, third-party valuations, and key personnel changes. Changes to this list of articles can be made at any time without notice and should not be relied upon for investment purposes. Forge does not verify the accuracy of the information contained in public news articles.