The round values Brex at over USD 7.4 billion. It includes participation from new investors TCV, GIC, Baillie Gifford, Madrone Capital Partners, Durable Capital Partners LP, Valiant Capital Management and Base10, with participation from all existing major investors including Y Combinator Continuity, Ribbit Capital, DST Global, Greenoaks Capital, Lone Pine Capital and IVP.
Since launching in 2017 with a corporate card for venture backed businesses, Brex has expanded to offer SMBs and larger organisations an all-in-one platform to manage their finances.
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