Brex raises $425M at a $7.4B valuation, as the corporate spend war rages on

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Mere weeks after rival corporate spend startup Ramp announced that it raised a two-part round worth $115 million at a $1.6 billion valuation, this morning Brex disclosed a $425 million Series D led by Tiger Global. The new capital marks Brex’s largest fundraise to date, and was compiled at a valuation that is more than double its most recent private…
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