Brex

Spend-management platform for corporate cards, expenses, bill pay and accounting with AI that generates receipts and memos, applies expense policy, captures invoices, codes the general ledger and flags anomalies; a Capital One company since April 2026.

Founded2017
HeadquartersSan Francisco, USA
StatusAcquired
brex.com

Product

Selected offerings — the AI products recorded here, not the vendor's full catalogue.

Similar products 7

No sourced competitor yet: no filing, vendor document or measured-market report read so far names a rival for this company, so none is asserted. The companies below are the closest by what their products do.

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Closest alternatives are pairs a vendor page itself compares. Similar products are matched from what each product does; nothing in that group is asserted as a rivalry.

Sources

Total funding

News reporting · 18 Oct 2026

TechCrunch on the January 2022 Series D-2: the round "brings the three-year-old San Francisco startup's total raised to $1.2 billion". An as-of figure for January 2022; Brex was acquired in 2026.

Valuation

Not found · 18 Oct 2026

Capital One's June 2026 10-Q states approximately $4.5 billion of consideration paid to Brex shareholders, and its January 2026 release announced a $5.15 billion transaction; an acquisition price is not recorded as a valuation.

Founded

News reporting · 18 Oct 2026

TechCrunch: "Founded in 2017 by Pedro Franceschi and Dubugras".

Public listing

Company disclosure · 18 Oct 2026

Privacy page: "Brex, LLC, a wholly owned subsidiary of Capital One, N.A."; Brex has no ticker of its own.

Status

Press release · 18 Oct 2026

Capital One release: "completed its acquisition of Brex in a combination of stock and cash transaction" (completed 2026-04-07; announced 2026-01-22). Capital One is not in the catalogue, so no acquired edge is written.

Description

Official documentation · 18 Oct 2026

Expense page: "Brex AI applies them to every transaction."; home page: AI-powered expense assistant.

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