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- Boo! We have a spooky deal for founders
Boo! We have a spooky deal for founders
Hey Brex community, Shai here.
Halloween doesn’t have to be scary! We have a friendly deal for startup founders who aren’t using Brex as of yet. If you recently closed a $1M+ VC round & sign up for Brex by midnight ET tonight, we have a $750 cash credit for you once you become a client. Email me a [email protected] to get started, time is money. If you haven’t raised $ yet, we still got you. Sign up here using the referral code NEWSLETTER and get $300 for Brex Travel, $5K AWS credits, $2.5K OpenAI credits and up to $150K in SaaS discounts.
Another non scary item for you, median valuations for early stage startups have held up despite some challenges in the macro environment. The folks at Carta recently posted this chart. Based on our conversations with Founders and VCs, we expect Nov to be an active month for closing rounds, good luck!
Upcoming Events:
Brex Flex Club 11/1 in Austin
Designed as a workout for founders and vcs, this time we are keeping it light playing pickleball
Apply Here Brex Host: Jimmy Stephens
Brex Supper Club 11/2 in Washington DC
Designed as a dinner series VC investors in the DC area
Apply Here Brex Host: Michael Morgenstern
Brexfast Club 11/2 in Austin with Forum Ventures
Designed as a breakfast in Austin, Texas and network with fellow early-stage B2B SaaS-focused attendees!
Apply Here Brex Host: Gaby Levey
Brexfast Club 11/2 in Washington DC
Designed for Pre-seed to Seed+ founders who have recently raised a round, or plan on raising in the next 1-3 months
Apply Here Brex Host: Michael Morgenstern
Brex Supper Club 11/2 in San Francisco
Designed as a dinner series for GPs, Emerging Managers and LPs in San Francisco.
Apple Here Brex Host: Jonathan Chang
Brexfast Club 11/3 in NYC with Republic
Designed for Pre-seed to Seed+ founders who have recently raised a round, or plan on raising in the next 1-3 months
Apply Here Brex Host: Erica Wenger
Brexfast Club 11/8 in Boston
Designed for Pre-seed to Seed+ founders who have recently raised a round, or plan on raising in the next 1-3 months
Apply Here Brex Host: Michael Morgenstern
Emerging Manager Spotlight 🤩
CapitalX is an early stage fund with a focus on Enterprise software and also invests in Fintech, HealthCare, Frontier, etc. It’s sector and geography agnostic, although most startups have a presence and customers in the U.S. The fund usually invests $250K - $500K as a first check, can be a strong collaborator or a co-lead.
Cindy started investing in 2011 with 12 unicorns (all from seeds) in her previous portfolio, including Zapier, Cruise, Rippling, Algolia, FlutterWave, Shipbob, BoomSupersonic, Retool, etc. She has almost 2 decades of experience as a founder and operator.
1. Three Types of Seed Round:
Discovery: $2M or less. First-time founder exploring new market.
Classic: $3-5M. Median age; 2.7 years. Lean time, operate with constraints.
Jumbo: $6M-$10M. Serial founder. Large existing market. Multi-stage funds want to supersize it.
— Harry Stebbings (@HarryStebbings)
12:24 PM • Oct 27, 2023
Connect with us
Alexandra: [email protected] | Twitter
Billy: [email protected]
Conor: [email protected] | Twitter
Gaby: [email protected] | Twitter
Jason: [email protected] | Twitter
Jeanine: [email protected] | Twitter
Jimmy: [email protected] | Twitter
Jonathan: [email protected] | Twitter
Michael: [email protected] | Twitter
Shai: [email protected] | Twitter
The financial stack that scales with you. 🤩 Trusted by 1 in 4 US startups, Brex allows you to manage your spend from MVP to IPO. Interested? Sign up here using the referral code NEWSLETTER and get 30,000 bonus points, $5K AWS credits, $2.5K OpenAI credits and up to $150K in SaaS discounts.
Don’t hesitate to reach out,🦾!
Startups Team @ Brex