Brex (YC W17) — Business accounts, corporate cards, and spend management software
Brex is the AI-powered spend platform for modern companies, from startups to enterprises. Combining corporate cards, expense management, travel, business accounts, and bill pay, Brex makes it easy to control spend before it happens with unprecedented efficiency and accuracy.
Brex is a Y Combinator company in the Winter 2017 batch. Its directory entry describes it as: Business accounts, corporate cards, and spend management software. The founders listed are Henrique Dubugras (Founder/CEO), Pedro Franceschi (Founder) (Y Combinator directory entry, December 15, 2016).
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Example from a real report (our sample on Target): “Target eliminated approximately 1,800 corporate positions, with around 1,000 employees receiving layoff notices and the remainder accounted for by eliminating open roles.” Source: NBC News
Brex is the AI-powered spend platform for modern companies, from startups to enterprises. Combining corporate cards, expense management, travel, business accounts, and bill pay, Brex makes it easy to control spend before it happens with unprecedented efficiency and accuracy. Our mission is to empower employees anywhere to make better financial decisions, so we designed our platform to make expenses almost effortless with unrivaled automation of manual expense work and real-time tracking. Brex supports more countries and currencies than any other spend solution. Brex has tens of thousands of customers, including some of the most successful, high-growth companies, such as DoorDash, SeatGeek, Coinbase, ScaleAI, MasterClass, Indeed, Allbirds, and Superhuman.
Brex offers:
- Corporate cards with 10-20x higher limits
- Business accounts with easy wires, same-day liquidity, fast global payments, and $6M in FDIC insurance
- Reward options that include billboards, offsites, and coaching
- Founder-friendly financial modeling tools
- Special events and masterclasses for founders
- Advanced spend management software as startups grow that includes global capabilities, travel, bill pay and more.
Henrique Dubugras
Founder/CEO
Pedro Franceschi
Founder
Founders, titles and bios as the company published them. Photographs are our own copies of the ones on that record, so they do not break when the original link expires.
One of 74 companies held here in Fintech › Banking and Exchange.
No investor is drawn from a Form D — the form states how many invested and never who. The one investor on this graph is named because a batch has exactly one.
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Example from a real report (our sample on Target): “Target eliminated approximately 1,800 corporate positions, with around 1,000 employees receiving layoff notices and the remainder accounted for by eliminating open roles.” Source: NBC News
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The Short Answer
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What They Do, And How The Money Works
Who Runs It, And How To Reach Them
The Money: Funding, Valuation, Runway
Who Pays Them, And Who They Are Up Against
Warning Bells
Sources
1 cited source found
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