Raised $1.7B across disclosed rounds.[1][2]

Acquisition closed January 2026, led by Capital One.[4][5][1]

post-money valuation is not publicly disclosed.

Named investors include Ribbit Capital, Y Combinator, Kleiner Perkins, Greenoaks Capital, Tiger Global Management, Lone Pine Capital, Max Levchin, Peter Thiel, SV Angel, Credit Suisse.[1][2][3]

Pedro Franceschi, Co-Founder and CEO[1][4][10][13]

Henrique Dubugras, Co-Founder and Chairman (stepped back from CEO role; now working on a new stealth venture as of Feb 2025)[1][4][10][13]

Pedro Franceschi, CEO[4][5][9][11][12][13][10][20][21]

James Reggio, Chief Technology Officer (since Sep 2024)[4][5][9][11][12][13][10][20][21]

Kevin Moore, VP Controller and CFO, Brex Treasury LLC[4][5][9][11][12][13][10][20][21]

Laura Lonardi, Chief of Staff to the President[4][5][9][11][12][13][10][20][21]

Henrique Dubugras Weathered, CEO[4][5][9][11][12][13][10][20][21]

Henrique Weathered[4][5][9][11][12][13][10][20][21]

Ramp · ramp.com · Direct substitute: same buyer (finance teams at growth-stage and mid-market companies), same workflow (corporate card issuance + expense management + AP automation), same product category, and named together as competitors in Payments Dive acquisition...[7][2]

Airwallex · airwallex.com · similar, not yet paired · Overlapping product surface — multi-currency corporate cards, business accounts, and global spend management — targeting the same cross-border finance workflow; Brex is named as an Airwallex customer, indicating direct product-layer adjacency.[8]

Melio · meliopayments.com · similar, not yet paired · Same AP automation and bill-pay workflow that Brex targets with its accounts payable product; both compete for the finance team's payables budget and accounting-system integration.[22]

The customer proof is company-sourced only. No independent source in this ledger confirms it.[16]

Ask for one referenceable production customer.

Not a recommendation. The first thing this ledger cannot answer.

Filled in the side panel for invited readers. This card carries sourced facts only.