Brex, founded in 2017 by Henrique Dubugras and Pedro Franceschi, is a financial service and technology company providing growing companies with corporate credit cards and cash management in a single, strategic account. Brex's mission is to reimagine financial systems so every growing company can realize their full potential. Brex is headquartered in San Francisco, CA.
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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
8.0%
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
8.0%
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
8.0%
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
8.0%
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
8.0%
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
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
N/A
Key Investors
Carl Pascarella, Max Levchin, Peter Thiel, Ribbit Capital
As Brex is not publicly traded, purchasing its stock is not available to everyone. To buy the stock of a private companies like Brex, you must be an accredited investor. If you meet the accreditation criteria, you can register for Forge’s Secondary Marketplace to buy private market stock. If you are not accredited, find out how to begin the process and qualify for new investment opportunities.
How to buy Brex stock?
To invest in a private company like Brex through Forge, you must first qualify as an accredited investor. (Learn more about the accreditation process.)
Create a free account to access Forge’s marketplace.
Express your interest in specific investments. Within Forge Markets, you will find detailed pricing and financing information for thousands of private companies.
Throughout this process, a dedicated Forge Private Market Specialist will be available to address any questions you may have and to guide you seamlessly through each step of the transaction.
Can you sell Brex stock?
Yes, you may sell the Brex stock you currently own. Forge can help you facilitate the sale of your stock in a manner that aligns with your needs and the company’s interests. If you are looking for liquidity, register with us today to begin the process. A dedicated Forge Private Market Specialist will be available to address any questions you may have along the way.
How to sell Brex stock?
If you hold private company shares of Brex – whether as an employee or an early investor – Forge can help you sell them.
Create a free Forge account, this will give you access to Forge’s marketplace and to one of our experienced Private Market Specialist to answer any questions you might have.
Indicate your interest to sell your Brex on our platform.
Work with your dedicated Private Market Specialist who’ll help guide you through every step of the transaction.
Is Brex a public company?
No, Brex is a privately held company and is currently not publicly traded on any stock markets including NYSE or NASDAQ.
What is Brex’s stock price?
Brex is a private company, meaning it does’t have a publicly traded stock price. However, as of 10/23/2024 the Brex Forge Price is $11.78 per share. The Forge Price is a derived price calculated for private companies like Brex to provide insights into their current valuation. Learn more about Forge Price.
What is Brex’s stock ticker symbol?
Brex does not have an official ticker symbol because this company is not currently publicly traded.
Can institutional investors buy and sell private market stocks?
Yes. As one of the largest trading platform for the private market, Forge helps institutional investors seek liquidity as they buy and sell private stock for their portfolios or their clients. Our private market specialists have decades of experience working with institutional firms. Learn more or register today to get started.
Figure Technology Solutions has appointed Brex veteran Michael Tannenbaum as its new CEO, replacing founder Mike Cagney who becomes executive chairman. Tannenbaum joins Figure amid rapid growth as it launches new AI-powered lending products, cementing its position as an innovative fintech firm.
Brex offers a business credit card that does not require a personal guarantee or look at personal credit scores. Instead, it evaluates companies based on revenue, funding, expenses, and size to provide higher limits and faster approval. The card has no annual fee but must be paid in full each month.
The FDIC finally released the various financial institutions that bid for parts of Silicon Valley Bank’s portfolio. As our fellow fintech enthusiast Alex Johnson pointed out, there was one name that stood out on that list for being “not like the others”: fintech startup Brex.
Brex today announced new global capabilities that significantly expand its ability to support US multinational businesses operating in Brazil, Canada, Israel, Japan, Mexico, Singapore, South Africa, the Philippines, 36 European countries, and more.
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