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Brex
Financial Services
San Francisco, California 189,858 followers
The AI-powered spend platform.
About us
Brex is the AI-powered spend platform. We transform finance teams from reactive no-sayers to proactive growth drivers. With Brex, companies spend with confidence by empowering employees to make smarter financial decisions from anywhere. Brex provides corporate cards, business accounts, and global payments, plus intuitive software for travel and expenses, that make it easy to plan and track all company spend in one place, in real time. Over 20,000 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.
- Website
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https://brex.com/
External link for Brex
- Industry
- Financial Services
- Company size
- 1,001-5,000 employees
- Headquarters
- San Francisco, California
- Type
- Privately Held
- Founded
- 2017
Products
Brex
Expense Management Software
Brex makes it easy for companies from startups to global enterprises to manage all their spend in one place, in real time—with corporate cards, business accounts, and global payments, plus intuitive software for travel and expenses.
Locations
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Primary
San Francisco, California 94108, US
Employees at Brex
Updates
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Brex President Karandeep Anand joined a panel at Fortune's #BrainstormTech event yesterday with Betterment CEO, Sarah Levy, to discuss sustainable growth, investing in trust, and much more. Watch the full recap here: https://bit.ly/3Wrhf0z
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Brex reposted this
Thanks to Harry Stebbings for having me on 20VC! In the episode, we discuss building Brex, the job of the CEO, how we’re helping customers make every dollar count, the advice I’d give myself if I had to start over—and lots more. I hope you enjoy!
I have interviewed 800 founders on 20VC. The single commonality of the best (Daniel Ek, Tobias Lütke) they all start entrepreneurial endeavours young. Pedro at just 15 scaled Pagar.me to 100 people & $1.5BN transactions. Today, he is CEO of Brex, a fricking monster that has raised $1.23BN and is valued at $12.3BN. My 7 lessons from Pedro Franceschi 👇 1. Too Many Founders Underestimate the Importance of Mental Health - I had severe paralyzing anxiety multiple times during 2021. - I was perfectly healthy but I couldn’t work properly from all the stress. - I was too harsh on myself - I had to learn to be kind. 2. The $10BN Company YC Almost Missed - We were doing VR back in 2017. - We met with YC & they hated our idea. - BUT they still invested because they liked the team. 3. What Makes The Truly Great CEOs - They have an unbelievably high degree of understanding what matters. - There are very few things that make a business work. - Great CEOs understand the bottlenecks & how to 100x the outcome. 4. Why Ramp's Product Marketing is Wrong and BS - No great company was built on savings. - Making every dollar count is what truly makes a difference. - Building a product around cutting vs. maximizing ROI is extremely different. 5. What Brex Needs to Do to be Public - Being a public company is easy - being a low-volatility public company is hard. - We still do not have a high predictability in our business model. - This is our biggest bottleneck to go public. 6. Idea Generation is Underrated - If I were to write a book on how to build a company, there will be 2 parts: - Part 1 takes 6 months, part 2 takes 10 years - they are equally important. - First part is idea generation & too many founders overestimate the power of pivoting. 7. Why We’re Pro-Secondary - If money is going to take someone out of the game, do it early. - We made 3 tender offers since starting the company & nothing’s changed. - You have to treat liquidity as a part of life, not a one-time event like an IPO that suddenly makes everyone rich. (links in comments) #founder #funding #business #investing #vc #venturecapital #entrepreneur #startup #seed #funding
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Brex reposted this
The next moonshot project? For Brex’s Karandeep Anand “it’s personal; I’m passionate about leaving our planet better than we found it for our children. That’s the what, then there’s the how. We need to put everything we have behind sustainable energy.” 📍Overheard at Fortune's #BrainstormTech
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Congrats to the Lume (YC W23) team—can't wait to see you light up NYC! 🎉 Want to see your company on display in Times Square? Check out our billboard rewards program at brex.com/rewards #GrowWithBrex
Lume (YC W23) is featured in Times Square, NYC all week 🤯🗽 It's a surreal sight, yet there's so much more to build at Lume. Thank you for our customers, and for our partners such as Brex and Y Combinator, for all the support! #ycombinator #GrowWithBrex #useLume
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An IDC survey says that 84% of CFOs leading finance transformation efforts ran into major challenges along the way. The good news? Those mistakes will pave your way to success. Get surefire tactics for selling the value of change, overcoming resource constraints, and getting all the right people onboard with our strategic playbook: https://bit.ly/3W6kWJ1
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Does managing corporate T&E bring up certain...feelings? (We know it’s not joy.) Join Brex's Nicole Jackson, MBA, Spotnana's Johnny Thorsen, and Wiz's Brian L. Berry on July 23rd at this year's GBTA | Global Business Travel Association conference to hear tips on controlling the chaos of corporate T&E. Sign up here: https://bit.ly/3RUQdw2
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