Tech Company Financing Transactions
Brex Funding Round
On 5/20/2020, Brex raised $150 million in funding from Lone Pine Capital and DST Global.
Transaction Overview
Company Name
Announced On
5/20/2020
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Undisclosed
Investors
Lone Pine Capital (Lead Investor) (David Craver)
DST Global (Saurabh Gupta)
Proceeds Purpose
This fresh capital strengthens the Brex balance sheet and bolsters Brex's standing as the leading financial services provider to technology, ecommerce, life sciences and other businesses.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
110 South Park St.
San Francisco, CA 94107
USA
San Francisco, CA 94107
USA
Phone
Website
Email Address
Overview
Brex was born from the frustrations with existing corporate card programs and built from the ground up to be easy to use, provide better integrations, and enhance corporate spending controls. We underwrite your business and require no personal guarantees or security deposit. Brex is there when you start and great as you grow.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Henrique Dubugras
Founder
Pedro Franceschi
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Where The Data Comes From
We do our best to document every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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