Brex

Financial Software · Salt Lake City, UT · Founded 2017 · Acquired/Merged (Operating Subsidiary)

Developer of a corporate finance platform designed to streamline business spending, banking, and accounting operations. Brex is based in Salt Lake City, UT and was founded in 2017. Its last known valuation is $5.2 billion (Apr 2026). It has raised $1.2 billion across 11 recorded rounds; the latest was a later-stage round in Aug 2025.

PA Mark · $/share
$12
Sep 2026
Implied valuation
$5.2B
Total raised
$1.2B
Last round
Later Stage VC
Aug 2025

Brex key facts

as of Sep 2026
  • Developer of a corporate finance platform designed to streamline business spending, banking, and accounting operations.
  • Brex’s last known valuation is $5.2B (Apr 2026).
  • It has raised $1.2B across 11 recorded rounds; the latest was Later Stage VC in Aug 2025.
  • Notable investors include Gaingels, Global Founders Capital, Calm Ventures, Endeavor Catalyst, Kleiner Perkins — 51 tracked in total.
  • Status: Acquired/Merged (Operating Subsidiary).
PA Mark — composite indicative price
LOW confidence
~$12per share
as of Sep 2026 · the exact daily mark is a Pro feature
Composed from 1 inputs:Market data 100%
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  • ·Post-money valuations for 4 rounds
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Secondary market

monthly marks · 43 months · Jan 2023 – Jul 2026 · ended
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Jan 2023marks: indicative $/share, month-end · series ended Jul 2026Jul 2026
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Brex funding rounds

11 rounds
Aug 2025Later Stage VC—▮
Apr 2025Later Stage VC—▮
Jan 2025Debt - General$235.0M▮
Jan 2024Later Stage VC—▮
Dec 2022Secondary Transaction - Private—▮

Brex valuation

Brex's last known valuation is $5.2 billion, from Apr 2026. The figure stands until a priced round, a secondary trade or an institutional fund mark prices the stock again.

Brex ranks 38th by valuation and 31st by capital raised among the private companies PrivateMarketView tracks.

How much has Brex raised?

Brex has raised $1.2 billion across 11 recorded rounds since 2019. The largest was a $480 million Series D in Apr 2021; the most recent was a later-stage round in Aug 2025. 4 of the rounds disclosed a post-money valuation.

Brex secondary market activity

A monthly secondary-market price series for Brex runs from Jan 2023 to Jul 2026 (43 months); the most recent quote is from Jul 2026.

Brex investors

51 investors are on record for Brex, including Gaingels, Global Founders Capital, Calm Ventures and Endeavor Catalyst. By type, the record holds 22 venture capital firms and 3 hedge funds. The later-stage round in Aug 2025 drew 7 investors.

Comparable companies

Comparable financial software names by valuation on PrivateMarketView: Figure Technology Solutions (NAS: FIGR) ($5.2 billion), Rapyd Financial Network ($4.5 billion) and Anchorage Digital ($4.2 billion).

About Brex

Developer of a corporate finance platform designed to streamline business spending, banking, and accounting operations. The company's platform offers AI-powered corporate cards, automated expense management, bill payment, travel booking, and integrated accounting tools, with real-time controls, enhanced reporting, and treasury management, enabling startups, mid-size companies, and enterprises to manage finances efficiently and optimize cash flow.

Industry
Financial Software
Sector
Financial Services
HQ
Salt Lake City, UT, United States
Founded
2017
Employees
1,705
Website
brex.com/
Ownership
Acquired/Merged (Operating Subsidiary)

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