Brex investors and funding

BrexInvestors and Funding

Three rounds since 2020San FranciscoSpend management

Brex has raised US$875m across three rounds since May 2020. Its latest round was a US$300m Series D-2 in January 2022, led by Greenoaks Capital and TCV, at a US$12.3bn valuation. 14 investors have backed it, most often DST Global and Greenoaks.

US$875mRaisedin total
3Roundssince 2020
US$300mLatestSeries D-2, Jan 2022
14Investors

Investors

14 investors, most rounds first. Names link to the Investor Index.

InvestorRoleLatestBacked
DST Global2 roundsLed 1Apr 2021
Greenoaks2 roundsLed 1Jan 2022
Lone Pine Capital2 roundsLed 1Apr 2021
TCV2 roundsLed 1Jan 2022
Tiger Global1 roundLed 1Apr 2021
Baillie Gifford1 roundJoinedApr 2021
Base10 Partners1 roundJoinedApr 2021
Durable Capital Partners LP1 roundJoinedApr 2021
GIC1 roundJoinedApr 2021
IVP1 roundJoinedApr 2021
Madrone Capital Partners1 roundJoinedApr 2021
Ribbit Capital1 roundJoinedApr 2021
Valiant Capital Management1 roundJoinedApr 2021
Y Combinator Continuity1 roundJoinedApr 2021

Every round

Newest first, as announced

WhenAmountRoundLed byReport
Jan 2022US$300mSeries D-2Greenoaks Capital, TCVJanuary report
Apr 2021US$425mSeries DTiger GlobalApril report
May 2020US$150mSeries C extensionDST Global, Lone Pine CapitalMay report

Is this your company?

Brex is listed in the Accountio directory. Add a round we have missed, or take the top of spend management with a featured listing.

See Brex’s listing →

Read Brex’s profile →

Add a round →

Also raising in spend management

Latest rounds in the same product area

CompanyAmountRoundLed byWhen
CapitalOSUS$21.9mSeries AOct 2026
CoastUS$35mGrowth equityOct 2026
ArchaUS$61mEquity and debt facilityOct 2026
RampUS$1.85bnFunding roundOct 2026
JeevesUS$110mFunding roundSep 2026

Get the funding report on the 1st of each month, with the accounting technology briefing for finance professionals.