Pedro Franceschi

Executive Summary

Career Timeline

Verified company milestones linked to this executive’s organization.

1. 2017 Company founded

   Brex was founded in 2017 per the company profile source on file.

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2. 2017 Development

   January 3, 2017: Brex is founded in San Francisco by Henrique Dubugras and Pedro Franceschi, who had previously built and sold Brazilian payments company Pagar.me to StoneCo.

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3. 2017 Funding

   2017: Brex joins Y Combinator's Winter 2017 batch and raises a $7 million Series A led by Ribbit Capital.

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4. 2018 Funding

   October 2018: Brex raises a $125 million Series C at a $1.1 billion valuation.

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5. 2021 Funding

   April 2021: Brex raises a $425 million Series D at a $7.4 billion valuation.

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6. 2022 Development

   January 2022: Brex raises $300 million at a $12.3 billion valuation.

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7. 2026 Acquisition

   January 22, 2026: Capital One announces a definitive agreement to acquire Brex for $5.15 billion in a combination of cash and stock.

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8. 2026 Acquisition

   April 7, 2026: Capital One completes its acquisition of Brex; Pedro Franceschi continues to lead Brex as part of Capital One.

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