Tech Company Financing Transactions

Brex Funding Round

Brex, operating out of San Francisco, secured $125 million in funding from DST Global, Greenoaks Global and IVP.

Transaction Overview

Company Name

Brex

Announced On

10/6/2018

Transaction Type

Venture Equity

Amount

$125,000,000

Round

Series C

Investors

DST Global (Lead Investor) (Saurabh Gupta)

Greenoaks Global (Lead Investor) (Neil Mehta)

IVP (Lead Investor) (Somesh Dash)

Proceeds Purpose

With this fresh funding, we are able to enhance our growth efforts and continue to benefit founders and operators, particularly those who are unable or hesitant to personally guarantee their company's corporate card.

Company Information

Company Status

Private & Independent

Industry

FinTech

Mailing Address

110 South Park St.
San Francisco, CA 94107
USA

Phone

(833) 228-2044

Website

www.brex.com

Email Address

[email protected]

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

Browse more venture capital transactions:

Prev: 10/6/2018: Sense Monitoring venture capital transaction
Next: 10/6/2018: Axion BioSystems venture capital transaction

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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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