Fintech · Digital Banking
Brex
San Francisco, USA · Series D-2
Implied valuation
Probability modeled from funding stage, momentum & liquidity signals.
Valuation Trajectory
Funding-round staircase from founding · log scale. Modeled round ladder anchored to the current valuation — illustrative, not a published figure.
IPO Model Drivers
Why the odds read this way
Factor weights are illustrative decompositions of the modeled IPO probability, not guarantees.
Down-Round Risk
Valuation downside pressure
Mixed signals — limited valuation history with 41% modeled IPO odds keep down-round risk in the middle band.
Asset brief
Brex is a Fintech · Digital Banking company last marked at $12.3B. Stage: Series D-2, $300MM raised to date. No verified market-moving events in the last 30 days.
Brex is a financial technology company that offers business credit cards and cash management accounts to technology companies. It provides a comprehensive platform that integrates financial services into existing software applications, empowering employees to make informed financial decisions.
Capital Timeline
Funding & liquidity milestones
Series D-2
$300MM raised · $12.3B