We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Corporate Card Co. Brex Nabs $100M In Latest Funding Round

Law360 (June 11, 2019, 4:03 PM EDT) -- Corporate credit card startup Brex said Tuesday that it has raised $100 million from a group of investors led by Kleiner Perkins Digital Growth Fund in a funding round that values the San Francisco-based business at roughly $2.6 billion.

In addition to Kleiner Perkins Digital Growth Fund, Brex received capital contributions from Y Combinator Continuity, Ribbit Capital, DST Global, Greenoaks Capital and IVP, according to a statement. The $2.6 billion valuation was confirmed by a representative for Brex.

Mood Rowghani, general partner at Kleiner Perkins Digital Growth Fund, said in the press release that "we are investing behind Brex’s fundamental vision...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!