Brex

Overview

Brex

Sectors

Financial, Payments, Neobank

Headquarters

San Francisco, California, USA

CEO

Henrique Dubugras|Pedro Franceschi

Brex raised $300.0M in a Series D-2 Valuation at a $34.73595 price per share, amounting to a post-money valuation of $12.3B on November 29, 2021. PMI data indicates that Brex's shares have been trading at an 65.0% discount to their Series D-2 Valuation based on institutional secondary market activity.

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Series D-2 Valuation

Latest funding round

$12.3B

XXXXX

2021-11-29

XX-XX-XXXX

AV Implied Valuation

$4.31B

2024-12-16

AV Implied Valuation

XXXXX

XX-XX-XXXX

Change since Last Round

-65.00%

2021-11-29 ➞ 2024-12-16

Change since Last Round

XXXXX

XX-XX-XXXX

Secondary Activity

Low

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Volume

$25.94M

XXX

(90 day period)

Bid

XXX

Ask

XXX

Bid

$0.0M

Ask

$25.94M

Research

December 16, 2024

Contrary - Brex

December 2, 2024

Contrary - Brex

November 19, 2024

Contrary - Brex

October 24, 2024

Art Levy, Chief Business Officer at Brex, on the strategy of Brex Embedded

News

December 13, 2024

Venture capitalists bet on Sublime, a startup bringing AI to email security

Brex switched from Material Security to Sublime for better email threat coverage, citing concerns over false negatives and visibility in attacks.

December 13, 2024

Sublime Security Secures $60 Million in Series B Funding to Establish a New Standard in Email Security

Sublime Security raised $60 million in Series B funding, expanding its customer base to include Brex among other trusted enterprise companies.

Accounting Today

October 26, 2024

Tech news: RSM announces "Catamaran" suite of outsourced solutions

Brex launched a revamped Accounting Partnership Program with new features, including multicurrency support, AI-powered accounting, and revenue sharing for referred clients.

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