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BREX
Brex
Financial technology (corporate cards and spend management) · San Francisco, California · United States · Founded · 2017 · ≈ · 1,100 · employees

Brex Valuation: $5.2B After the Apr 2026 Acquisition

Acquired

Brex was last valued at $5.2B (tender). It comes from the $5.2B Acquisition of Apr 2026. Brex was acquired.

ProfileValuationFundingCompetitorsStock & IPOHow to invest
Brex valuation · at a glance
Last valuation
$5.2B
TENDER · APR 2026
Lead investors
9
across 9 rounds
Raised across rounds
$6.3B
9 rounds
Date of last round
Apr 2026
closed 7 Apr 2026
Valuation history

How the Brex valuation has moved

5 valuations. The latest, $5.2B tender, was set by the Acquisition in Apr 2026.

$5.2B
Oct 2018
$1.1B
Series C · post-money
Jun 2019
$2.6B
Series C-2 · post-money
+136% vs prior valuation
Apr 2021
$7.4B
Series D · post-money
+185% vs prior valuation
Oct 2021
$12.3B
Series E · post-money
+66% vs prior valuation
Apr 2026
$5.2BLATEST
Acquisition · tender
−58% vs prior valuation
Latest valuation
$5.2Btender
Set by the Acquisition · 7 Apr 2026
×4.7since the $1.1B Series C in Oct 2018
Valuations
5
Priced rounds with a valuation
Event type
Acquisition
The Acquisition · $5.2B raised
Undated: Pre-Seed at $1.7M (post-money).
Funding rounds

Brex rounds and the valuation each one set

9 rounds
Round
Date
Amount
Valuation
Basis
Acquisition LATEST
7 Apr 2026
$5.2B
$5.2B
TENDER
Series E
1 Oct 2021
$300M
$12.3B
POST-MONEY
Series D
1 Apr 2021
$425M
$7.4B
POST-MONEY
Series C extension
1 May 2020
$150M
—
—
Series C-2
1 Jun 2019
$100M
$2.6B
POST-MONEY
Series C
1 Oct 2018
$125M
$1.1B
POST-MONEY
Series B
1 Jun 2018
$50M
—
—
Series A
1 Apr 2017
—
—
—
Pre-Seed
—
$120K
$1.7M
POST-MONEY
Lead investors
Leads: Capital One Financial, DST Global, Greenoaks Capital, Institutional Venture Partners, Kleiner Perkins, Ribbit Capital, Tiger Global, Y Combinator, Y Combinator Continuity.
Full funding history — Brex profile ›
What the valuation means

What the $5.2B actually measures

A private valuation is the price agreed in one transaction. The Brex valuation of $5.2B is a tender figure from the Acquisition dated 7 Apr 2026 .

The valuation holds until the next priced round or secondary sale. A private company founded in 2017 with roughly 1,100 people has no daily price and no order book between rounds.

Where the $5.2B comes from
EventAcquisition, dated 7 Apr 2026
Basistender
Round size$5.2B
LeadCapital One Financial

Frequently asked questions

Who are Brex's competitors?›

The closest financial technology (corporate cards and spend management) peers are on the competitors page.

How can I get exposure to Brex?›

The routes section explains what is realistically available for a company at this stage.

Is Brex publicly traded?›

No. Brex was acquired by Capital One; its shares do not trade independently.

What is Brex's valuation?›

The last valuation is $5.2B (tender, Apr 2026).

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