Tiger Global led a $425m Series D round in Brex.

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.