How much is Brex worth?

The new capital marks Brex’s largest fundraise to date, and was compiled at a valuation that is more than double its most recent private valuation. According to Crunchbase data, Brex’s mid-2020 Series C valued the company at just over $3.0 billion, including the investment’s $150 million in issued equity.

What is Brex & how does it work?

Tens of thousands of companies from startups to global enterprises — including DoorDash, Flexport, and Compass — use Brex to proactively control spend, reduce costs, and increase efficiency on a global scale. Brex, the AI-powered spend platform for modern companies, today announced it has earned the No. 4 ranking on the 2024 CNBC Disruptor 50 list.

How much does Brex cost?

With the Brex API, the company added, developers can build workflows that are customized for their company’s individual needs. Earlier this year, the company announced it had put together a new service called Brex Premium that costs $49 per month.