Brex Status
The company raised $125 million of Series C venture funding in a deal led by Greenoaks Capital Partners, IVP and DST Global on October 5, 2018, putting the company's pre-money valuation at $975 million. With this fresh funding, the company will enhance the growth efforts and continue to benefit founders and operators as well as develop rewards program. Previously, it raised $50 million of Series B venture funding from Ribbit Capital, EXOR Seeds and One Way Ventures on April 3, 2018, putting the company's pre-money valuation at $170 million. Y Combinator, Max Levchin, Peter Thiel, Carl Pascarella and Yuri Milner also participated in the round.
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