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Brex logo — The AI-powered intelligent finance platform.

Brex

The AI-powered intelligent finance platform.

Founded 2017 United States San Francisco, United States 6079 employees Acquired Total: $6.78B Financial Services, Fintech +2

General Information

Company Name Brex
Founded Year 2017
Location United States San Francisco, United States +1
Employees 6079
Industries Financial Services, Fintech, Payments +1
Funding Stage Acquired
Social

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Recorded by Bounce Watch from public sources. Every entry below carries the date we observed it, and when we have not looked recently the page says so rather than leaving silence to imply nothing happened.

New Partnership Sep 02, 2026

Brex Rewards has announced a partnership with LearnLux Financial Wellbeing.

Hiring Surge Sep 01, 2026

Team has reduced by 20% in the last month.

Feature Release Aug 31, 2026

Brex has launched new capabilities for its p-card policies, allowing users to set rules for individual cards to prevent out-of-policy charges.

Major Customer Win Aug 27, 2026

Brex announced a major customer win with Pensero AI, featuring them on a Times Square billboard and highlighting their work in measuring the intelligence behind agentic deployment.

Event Participation Aug 20, 2026

Brex will be represented by a speaker at the Inflection conference in San Francisco on September 17, 2026.

In The News Aug 12, 2026

Featured on Thenextweb: Megadeals took 87.5% of US venture dollars, and the rest of the market is priced...

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AI Insight

Bounce Watch AI
8 hours ago

Brex was recently acquired by Capital One for $5.15 billion, a valuation significantly below its peak, aligning with broader market adjustments for earlier-vintage companies. Post-acquisition, Brex is strategically optimizing its operations, evidenced by a 20% workforce reduction, while continuing active product development and securing major customer wins. This demonstrates a focus on efficient integration and sustained value delivery under new ownership.

Signal Types
Acquisition Workforce Adjustment Product Launch Customer Acquisition Valuation Adjustment
Strategic Labels
Acquisition Integration Operational Optimization Product Evolution
Next Move: Optimization
·
Impact: 9/10
·
Ideal For: Fintech M&A Analysts & Strategic Acquirers

About Brex

Brex, founded in 2017, is an AI-powered intelligent finance platform headquartered in the United States. The company offers a comprehensive suite including intuitive corporate cards, banking, expenses, and travel solutions aimed at empowering founders and finance teams to enhance spending efficiency and accelerate global operations. Notable clients such as DoorDash, ServiceTitan, Wiz, and Five Guys highlight its extensive market penetration, with over 35,000 companies relying on Brex’s platform.

Operating within the Financial Services, Fintech, Payments, and Banking sectors, Brex represents a significant player in reshaping financial management. Recently acquired by Capital One, the company secured a substantial $5.15B investment effective 01 January 2026. This strategic acquisition bolsters Brex’s capacity for innovation and expansion, ensuring its continued growth as a leader in fintech solutions.

Taxonomy: intelligent finance platform, corporate cards, business financial operations, expense management, global finance management, AI-powered solutions, fintech innovation, banking solutions, travel management, integrated financial services, user-centric design, financial decision-making, business growth enablement, enterprise financial control

Services & Products

Corporate Cards
Expense Management
Travel Booking and Management
Bill Pay Automation
Banking and Treasury Services

Target Customers

Startups Mid-size Companies Enterprises

Funding Rounds & Investors (11)

View All
Funding Stage Amount Investors Lead Investors Date
Acquisition •••••• 1 •••• •••• 01 Jan 2026
Debt Financing •••••• 2
Investor Investor
01 Jan 2025
Debt Financing •••••• - 01 Mar 2024
Series D •••••• 1 •••• •••• 01 Oct 2021
Series D •••••• 15
Investor Investor Investor Investor Investor Investor Investor Investor Investor Investor Investor Investor
•••• •••• 		01 Apr 2021

View All 11 Funding Rounds

Latest News

View All
Payhawk raises $112M to better compete in the heated corporate card race — Techcrunch.com
Payhawk raises $112M to better compete in the heated corporate card race
Techcrunch.com Nov 22, 2021
Payhawk becomes a unicorn as it extends its Series B — Techcrunch.com
Payhawk becomes a unicorn as it extends its Series B
Techcrunch.com Feb 28, 2022
Center lands $30M to bolster corporate expense software, explore potential bank partnerships — Geekwire
Center lands $30M to bolster corporate expense software, explore potential bank partnerships
Geekwire Jan 23, 2024
YC-backed fintech Bujeti raises $2M for its corporate cards and spend management platform — Techcrunch
YC-backed fintech Bujeti raises $2M for its corporate cards and spend management platform
Techcrunch Jan 23, 2024
$4.7 billion European fintech firm Pleo appoints new CFO, pointing to IPO hopes — Cnbc
$4.7 billion European fintech firm Pleo appoints new CFO, pointing to IPO hopes
Cnbc Jan 23, 2024
Brex cuts 20% of staff amid reports of stalled growth, high burn — Techcrunch
Brex cuts 20% of staff amid reports of stalled growth, high burn
Techcrunch Jan 23, 2024

Brex Alternatives & Competitors

View All Alternatives
Brex vs
Airwallex
Airwallex Hong Kong S.a.r.

Empowering businesses to grow beyond borders

Series H
2858 employees
Fintech, Payments
Compare Brex vs Airwallex
Brex vs
Close Brothers Asset Finance
Close Brothers Asset Finance United Kingdom

Providing UK SMEs with asset finance

375 employees
Brex vs
Rise Funding
Rise Funding United Kingdom

Business finance marketplace

7 employees
Finance, Financial Services
View all alternatives

FAQ About Brex

The AI-powered intelligent finance platform.
Brex was founded in 2017.
Brex is headquartered in San Francisco, United States.
Brex operates in the following industries: Financial Services, Fintech, Payments, Banking.
Brex has approximately 6079 employees.
Brex has completed 11 funding rounds, raising a total of $6.78B. The latest funding stage is Acquired.
Brex offers: Corporate Cards, Expense Management, Travel Booking and Management, Bill Pay Automation, Banking and Treasury Services.
Top alternatives and competitors to Brex include Airwallex, Close Brothers Asset Finance, Rise Funding, Ardan Banking & Finance Consultants, Simplí.ie. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Brex and Airwallex are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

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