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  "markdown": "Co-founder, Brex LLC.\n\nHenrique Dubugras co-founded Brex with Pedro Franceschi in January 2017, after the pair built the Brazilian online payments company Pagar.me and sold it to StoneCo in 2016. Brex went through Y Combinator's Winter 2017 batch, and Dubugras later became its chairman. Capital One acquired Brex in April 2026.\n\n- LinkedIn: https://br.linkedin.com/in/henriquedubugras\n- X: https://x.com/hdubugras\n\n## What Henrique builds\n\n- [Brex](https://www.anchorterminal.com/tools/brex.md), graded C, 60.7/100, in Spend management \u0026 procurement. Brex is a spend platform with corporate cards, expense management, bill pay, travel and business accounts. Its REST Developer API reads and writes cards, expenses, spend limits, vendors and transfers, and a hosted MCP server is in beta. Co-founder, Brex LLC, researched 2026-10-26.\n\n## Works with\n\n- [Pedro Franceschi](https://www.anchorterminal.com/people/pedro-franceschi/), Co-founder, Brex LLC\n\n## Backed by\n\n- [Y Combinator](https://www.anchorterminal.com/investors/y-combinator/)\n- [Greenoaks](https://www.anchorterminal.com/investors/greenoaks/)\n- [DST Global](https://www.anchorterminal.com/investors/dst-global/)\n- [IVP](https://www.anchorterminal.com/investors/ivp/)\n- [Kleiner Perkins](https://www.anchorterminal.com/investors/kleiner-perkins/)\n- [Ribbit Capital](https://www.anchorterminal.com/investors/ribbit-capital/)\n- [Peter Thiel](https://www.anchorterminal.com/investors/peter-thiel/)\n- [Max Levchin](https://www.anchorterminal.com/investors/max-levchin/)\n- [Tiger Global](https://www.anchorterminal.com/investors/tiger-global/)\n- [TCV](https://www.anchorterminal.com/investors/tcv/)\n- [GIC](https://www.anchorterminal.com/investors/gic/)\n- [Baillie Gifford](https://www.anchorterminal.com/investors/baillie-gifford/)\n- [Madrone Capital Partners](https://www.anchorterminal.com/investors/madrone-capital-partners/)\n- [Durable Capital Partners](https://www.anchorterminal.com/investors/durable-capital-partners/)\n- [Valiant Capital Management](https://www.anchorterminal.com/investors/valiant-capital-management/)\n- [Base10 Partners](https://www.anchorterminal.com/investors/base10-partners/)\n- [Lone Pine Capital](https://www.anchorterminal.com/investors/lone-pine-capital/)\n\n## Questions\n\n### Who is Henrique Dubugras?\n\nHenrique Dubugras co-founded Brex with Pedro Franceschi in January 2017, after the pair built the Brazilian online payments company Pagar.me and sold it to StoneCo in 2016. Brex went through Y Combinator's Winter 2017 batch, and Dubugras later became its chairman. Capital One acquired Brex in April 2026.\n\n### What does Brex LLC make?\n\nAnchor Terminal lists Brex from Brex LLC. Brex is a spend platform with corporate cards, expense management, bill pay, travel and business accounts. Its REST Developer API reads and writes cards, expenses, spend limits, vendors and transfers, and a hosted MCP server is in beta.\n\n### Who has invested in Brex LLC?\n\nThe sources our research read name Y Combinator, Greenoaks, DST Global, IVP, Kleiner Perkins, Ribbit Capital, Peter Thiel, Max Levchin, Tiger Global, TCV, GIC, Baillie Gifford, Madrone Capital Partners, Durable Capital Partners, Valiant Capital Management, Base10 Partners and Lone Pine Capital.\n\n### How are Henrique's tools graded?\n\nBrex is graded C, 60.7 out of 100, on Anchor Terminal's benchmark, which scores every listing against the same checklist.\n\n## Sources\n\n- https://www.ycombinator.com/companies/brex\n- https://www.brex.com/\n- https://www.brex.com/contact-us\n\nThese are the people building the tools we list, named for their public role in the company or project behind a listing, from public pages, with the date it was researched. They don't work for Anchor Terminal (our own team is on the about page, /about/#author). We show public roles, public profiles and what the listing pages show, nothing private. To correct something, send an about or a photo, or have a page removed, write to privacy@anchorterminal.com.\n",
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