Brex Revenue and Competitors

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Location

$1.5B

Total Funding

Fintech

Industry

Estimated Revenue & Valuation

  • Brex's estimated annual revenue is currently $203.2M per year.(i)
  • Brex received $100M in venture funding in June 2019.
  • Brex's estimated revenue per employee is $185,900
  • Brex's total funding is $1.5B.
  • Brex's pricing is $60 per year.
  • Brex's current valuation is $12.3B.

Employee Data

  • Brex has 1093 Employees.(i)
  • Brex grew their employee count by 92% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$121.1M414-13%$139.5M$1.6B
#2
$106.8M600230%$810M$8.1B
#3
$1264.7M680388%$2.2B$95B
#4
$106.3M64471%$417.5M$1.6B
#5
$34.8M249162%$90.5MN/A
#6
$128.2M7-97%$138.2M$2.4B
#7
$8.8M70-21%$2.2MN/A
#8
$147M113355%$1.5B$7.3B
#9
$1.5M23N/A$3.5MN/A
#10
$105.7M59437%$408.2M$1.3B
#11
$1.4M5N/AN/AN/A
#12
$30M215-12%$155MN/A
#13
$7M62-5%$35MN/A
#14
$0.4M13N/A$81.7MN/A
#15
$1171.4M4630N/AN/AN/A
#16
$16.5M114N/AN/AN/A
#17
$0.6M19N/A$50MN/A
#18
$3.3M3314%$24.5MN/A
#19
$12.3M8515%N/AN/A
#20
$3.3M23N/AN/AN/A

Brex is rebuilding B2B financial products, starting with a corporate credit card for technology companies. We help startups of all sizes (from recently incorporated to later-stage companies) to instantly get a credit card that has 20x higher limits, completely automates expense management, kills receipt tracking and magically integrates with their accounting systems. Brex was founded by Henrique Dubugras and Pedro Franceschi, two engineers who previously founded Pagar.me, one of the largest payment processors in Brazil with over $1.5 billion in GMV. Brex is backed by the co-founders of PayPal (Max Levchin and Peter Thiel), Y Combinator, Ribbit Capital, Yuri Milner, and Carl Pascarella (former CEO of Visa). Brex was listed as #12 in Growjo's top fintech companies.

keywords:saas

$1.5B

Total Funding

1093

Number of Employees

$203.2M

Revenue (est)

92%

Employee Growth %

$12.3B

Valuation

N/A

Accelerator

Brex News

2021-10-22 - Daily funding roundup - October 21, 2021

Bardavon Health Innovations raised $90M; Jupiter Intelligence landed $54M; Honeycomb secured $50M Brex: Brex is a San Francisco-based startup that provides credit cards to other startups. Brex just raised $300 million in fresh funding in a deal that assigns it a $12.3 billion post-money valuati ...

2021-10-22 - Brex hits $12.3B decacorn valuation following $300M funding round

Brex, the all-in-one finance fintech which offers credit cards for startups and other businesses, has completed a $300 million funding round led by Greenoaks, according to TechCrunch. The company provides cash and credit card management accounts to enterprises, big and small, and has begun offe ...

2021-11-22 - Payhawk raises $112M to better compete in the heated corporate card race

If you’ve followed corporate card and spend management startups in the U.S., you might be familiar with Brex and Ramp. Payhawk is also offering an all-in-one financial management solution for businesses, but with a focus on European customers. And the company just raised a $112 million Series B ...

09/03/2019 - Buzzy credit card startup Brex has opened a restaurant in San Francisco

Brex, the buzzy credit card startup with a $2.6 billion valuation, is opening a restaurant in San Francisco's South Park neighborhood.

09/08/2019 - Startups Weekly: Stripe’s grand plan

In a vacuum, it's no threat to Brex, which has quickly become a fintech darling (with a multibillion-dollar valuation to prove it) — but coupled with ...

09/03/2019 - Limited-Time Offer: Brex Card Offers 30K Bonus Via NerdWallet

If you're a business owner considering the Brex Card for Startups, now is the time to pounce. From Sept. 3 through Sept. 30, 2019, applicants ...

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$228.7M11039%$37.7M
#2
$224.7M1107100%N/A
#3
$223.6M111761%$251.2M
#4
$344.3M111844%$195M
#5
$275.9M1126N/AN/A

Brex Funding

DateAmountRoundLead InvestorsReference
2018-06-20$57.0MUndisclosedMultipleArticle
2018-10-08$125.0MCGreenoaks CapitalArticle
2019-06-10$100MKleiner PerkinsArticle