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Brex eyes $500M in revenue as it adds the likes of Anthropic and Robinhood as customers
HOODRobinhood(HOOD) TechCrunch·2025-02-25 18:08

Core Insights - Fintech company Brex anticipates reaching an annual net revenue of 500millionby2025[1]Brexhasexperiencedayearoveryearrevenuegrowthof3xandan80500 million by 2025 [1] - Brex has experienced a year-over-year revenue growth of 3x and an 80% growth in its enterprise business [2] - The company has over 150 public companies as customers, including notable names like Anthropic, Arm, Robinhood, ServiceTitan, Sonos, and Wiz [2] - CEO Pedro Franceschi indicated that Brex expects to be cash-flow positive by 2025, with an IPO likely to follow [3] - Brex has raised over 1.5 billion in transactions and was valued at over $12.3 billion at its peak in 2022 [3]