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.
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.
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).
| Date | Funding Round | Funding Raised | Price per Share | IPO Valuation |
|---|---|---|---|---|
| 1/11/2022 | Series D-2 | $12.3B | $XXX.XX | $XXX.XX |
| 4/26/2021 | Series D | $7.72B | $XXX.XX | $XXX.XX |
| 5/19/2020 | Series C-2 | $2.78B | $XXX.XX | $XXX.XX |
| 10/5/2018 | Series C and C-1 | $1.17B | $XXX.XX | $XXX.XX |
| 4/3/2018 | Series B | $210.04MM | $XXX.XX | $XXX.XX |
| 4/20/2017 | Series A | $24.58MM | $XXX.XX | $XXX.XX |
| 3/20/2017 | Series SAFE 1 and SAFE 2 | $15.66MM | $XXX.XX | $XXX.XX |
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.
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.
