Announced
Completed
Financials
Tags
Minority
United States
Acquisition
FinTech
Completed
Venture Capital
Cross Border
Single Bidder
Private
Friendly
financial systems
Private Equity
Synopsis
Tiger Global led a $425m Series D round in Brex, which offers business credit cards and cash management accounts to technology companies. The round includes participation from new investors TCV, GIC, Baillie Gifford, Madrone Capital Partners, Durable Capital Partners, Valiant Capital Management and Base10 Partners, with participation from all existing major investors including Y Combinator, Ribbit Capital, DST Global, Greenoaks Capital, Lone Pine Capital and IVP. “Our investors - new and existing - believe in our team, our business model, our product vision, our customers, and the future of Brex. We are delighted to have them on board for the next phase of our journey. This new investment round will fuel our growth as we continue to build out an all-in-one financial solution for all businesses,” Henrique Dubugras, Brex Co-CEO.
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