Brex
Founded Year
2017Stage
Line of Credit - II | AliveTotal Raised
$1.725BLast Raised
$235M | 8 mos agoRevenue
$0000Mosaic Score The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.
+12 points in the past 30 days
About Brex
Brex provides spend management solutions across various sectors. The company offers products including corporate cards, expense management, travel, bill pay, and banking services aimed at assisting businesses in managing spending and financial processes. Brex serves startups, mid-size companies, and enterprises with its range of financial products. Brex was formerly known as Veyond. It was founded in 2017 and is based in Salt Lake City, Utah.
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ESPs containing Brex
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The spend management platforms market helps businesses control and optimize their expenditures through integrated software solutions, including corporate cards, expense management systems, procurement software, accounts payable automation, and budget tracking tools. These platforms use APIs, cloud-based infrastructure, and AI-powered analytics to provide real-time visibility into spending patterns…
Brex named as Leader among 15 other companies, including Coupa, Ramp, and Pleo.
Brex's Products & Differentiators
Corporate Card
The corporate card every growing business deserves.
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Research containing Brex
Get data-driven expert analysis from the CB Insights Intelligence Unit.
CB Insights Intelligence Analysts have mentioned Brex in 20 CB Insights research briefs, most recently on Aug 25, 2025.
Aug 25, 2025 report
State of Tech Exits H1’25
Jun 6, 2025
The SMB fintech market map
Aug 23, 2024
The B2B payments tech market map
Oct 26, 2023
The CFO tech stack market map
Oct 3, 2023 report
Fintech 100: The most promising fintech startups of 2023Expert Collections containing Brex
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
Brex is included in 9 Expert Collections, including Unicorns- Billion Dollar Startups.
Unicorns- Billion Dollar Startups
1,286 items
Digital Lending
2,464 items
This collection contains companies that provide alternative means for obtaining a loan for personal or business use and companies that provide software to lenders for the application, underwriting, funding or loan collection process.
Payments
3,199 items
Companies in this collection provide technology that enables consumers and businesses to pay, collect, automate, and settle transfers of currency, both online and at the physical point-of-sale.
Fintech 100
1,099 items
250 of the most promising private companies applying a mix of software and technology to transform the financial services industry.
Tech IPO Pipeline
825 items
SMB Fintech
355 items
Brex Patents
Brex has filed 29 patents.
The 3 most popular patent topics include:
- payment systems
- data management
- payment service providers
Application Date | Grant Date | Title | Related Topics | Status |
|---|---|---|---|---|
10/19/2023 | 2/4/2025 | Payment systems, Payment service providers, Transaction processing, Data management, Credit cards | Grant |
Application Date | 10/19/2023 |
|---|---|
Grant Date | 2/4/2025 |
Title | |
Related Topics | Payment systems, Payment service providers, Transaction processing, Data management, Credit cards |
Status | Grant |
Latest Brex News
Sep 7, 2025
O estado de Santa Catarina continua a ser o berço de alguns dos bilionários mais jovens do Brasil. A lista dos mais ricos divulgada pela revista Forbes no dia 28 de agosto traz sete membros da família Voigt Trejes, herdeiros da WEG, entre os dez primeiros do ranking nacional. A WEG, gigante do setor de equipamentos elétricos, mantém sua sede em Jaraguá do Sul. Os jovens bilionários têm idades entre 20 e 27 anos e acumulam uma fortuna conjunta de R$ 27,6 bilhões. Lívia Voigt e Amelie Voigt Trejes, ambas com 20 anos, são as mais jovens do grupo. Completando a lista estão Felipe, Pedro Voigt Trejes e Helena Marina Petry, todos com 23 anos. A ascensão desses jovens na lista da Forbes se deve à divisão das ações herdadas de suas respectivas mães. Nova geração de bilionários Lívia Voigt, residente em Florianópolis e estudante de psicologia, alcançou notoriedade global ao ser considerada a bilionária mais jovem do mundo em 2024, superando o italiano Clemente Del Vecchio. Em 2025, o título passa para Johannes von Baumbach, de 19 anos. O destaque na lista não é exclusivo aos herdeiros da WEG. Pedro Franceschi, cofundador da fintech Brex, é um dos poucos a figurar na lista pelo próprio mérito empresarial, ocupando a oitava posição. Ao lado de Henrique Dubugras, ele lidera uma empresa de cartões de crédito corporativos no exterior. O ranking também inclui Izabela Henriques Feffer, bisneta do fundador da Suzano, Leon Feffer. Ela ocupa a nona posição após receber ações da holding familiar. Fechando o top dez está Max Van Hoegaerden Herrmann Telles, herdeiro de Marcel Telles, com participações na AB InBev. A presença significativa dos herdeiros da WEG e outros jovens bilionários no ranking da Forbes ressalta a influência crescente desses novos talentos no cenário econômico brasileiro. Santa Catarina, em particular, continua a ser um polo de riqueza e inovação.
Brex Frequently Asked Questions (FAQ)
When was Brex founded?
Brex was founded in 2017.
Where is Brex's headquarters?
Brex's headquarters is located at 650 South 500 West, Salt Lake City.
What is Brex's latest funding round?
Brex's latest funding round is Line of Credit - II.
How much did Brex raise?
Brex raised a total of $1.725B.
Who are the investors of Brex?
Investors of Brex include TPG Angelo Gordon, Citibank, Pioneer Fund, Liquid 2 Ventures, Greenoaks and 62 more.
Who are Brex's competitors?
Competitors of Brex include Ramp, Fyle, Torpago, Capital on Tap, CrediLinq and 7 more.
What products does Brex offer?
Brex's products include Corporate Card and 4 more.
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Compare Brex to Competitors
Ramp develops a financial operations platform. The company offers a suite of services including corporate cards, expense management, accounts payable solutions, and accounting automation. Its platform serves startups, small businesses, mid-market companies, and enterprises across various sectors. The company was founded in 2019 and is based in New York, New York.
Pleo focuses on business spend management within the financial technology sector. The company offers company cards with individual spending limits and provides a platform to manage expenses, reimbursements, invoices, and budgets. It serves businesses looking to manage their spending and financial processes. The company was founded in 2015 and is based in København N, Denmark.
Jeeves operates a financial platform providing payment and expense management solutions within the financial services industry. The company offers a suite of tools that streamline global finance operations, including multi-currency accounts, corporate card issuance, cross-border payments, and integrated expense management. Jeeves primarily serves businesses looking to manage their financial operations across multiple countries. It was founded in 2019 and is based in Orlando, Florida.
Soldo provides spend management solutions within the financial services sector. The company offers a platform that connects with financial systems to manage corporate spending through company cards, a mobile app for tracking expenses, and tools for financial compliance. Soldo serves businesses that need to manage their expense processes and gain insights into their spending. Soldo was formerly known as PX Technology. It was founded in 2014 and is based in London, United Kingdom.
Custodia focuses on corporate expense management in the financial technology sector. The company offers a range of services, including smarter expense management, AI-driven budgeting and spending, and real-time approvals and insights, all designed to empower employees and maintain financial control. Primarily, it caters to businesses ranging from small to large scale, providing them with tools for digital finance. It was founded in 2018 and is based in New York, New York.
Spendesk provides financial management tools for businesses. It offers tools including corporate cards, automated invoice handling, procure-to-pay solutions, integrated budgeting features, virtual cards for payments, and expense claim management. It serves various sectors of the economy, including manufacturing, retail, green energy, and marketing. It was founded in 2016 and is based in Paris, France.
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