FinTech · San Francisco, CA
Brex
$67.68
+2.38% today
About Brex
Corporate spend platform — card, expense, travel, bill pay, and treasury — built for high-growth companies. Pivoted upmarket from startups in 2022 and serves mid-market and enterprise today.
- Founded
- 2017
- Headquarters
- San Francisco, CA
- CEO
- Pedro Franceschi
- Employees
- 1,200
- Last valuation
- $12.3B
- Total funding
- $1.5B
Funding history
Priced rounds with a disclosed valuation — newest first.
| Round | Valuation | Date |
|---|---|---|
| Series D-2 | $12.3B | Jan 2022 |
| Series D | $7.4B | Apr 2021 |
| Series C-2 | $2.6B | Jun 2019 |
| Series B | $1.1B | Mar 2018 |
Recent news
Updated weekly · 5 items
- Sep 4, 2026The Intelligent Finance Era Is Here: What To Know About Brex’s Corporate Card And AI-Native Spend ManagementForbes
- Aug 17, 2026Brex Rewards Transfer Partners and How To Use Them [2025]Upgraded Points
- Aug 10, 2026Brex's CrabTrap secures AI agents in productionventurebeat.com
- Aug 10, 2026Brex shifts AI governance to network traffic monitoring with open-source LLM proxyCrypto Briefing
- Aug 9, 2026FX week in review: Brex Capital launch, Robinhood UK crypto approval, NAGA results, CFDs broker loses licenseFX News Group
Frequently asked
What am I actually buying when I invest in Brex?
A fractional position in Brex's shares. VeldenStake sources a finite block of real shares and resells fractions to you; your position appears in your portfolio at the prevailing private-market price and is held until Brex goes public.
Can I sell my position before the IPO?
No. Pre-IPO shares are private and illiquid — there's no secondary market to sell them back into, and transfers require the company's approval. Your position is locked until Brex IPOs or is acquired. This is the same arrangement every pre-IPO investor accepts.
What happens when the company goes public?
When Brex IPOs, your position settles at the IPO price and you choose how to receive it — cash credited to your balance, or the shares delivered to you.
How is the price set?
The displayed price reflects the latest private-market reference price for the company, anchored to recent funding rounds and tender activity.
Are there any fees?
A 1% commission applies to each purchase. It's shown on the order ticket and confirmation screen before you submit — added on top of the subtotal. Deposits and withdrawals are free.
What if Brex never IPOs?
Your position remains valid as long as Brex exists. If it's acquired, your position is paid out at the deal price. If it stays private, you keep holding until a liquidity event.
Live
+2.38%$67.68
per share · refreshed live
Settles instantly · 1% commission · held until IPO