Pex Overview
- Year Founded
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2006
- Status
-
Private
- Employees
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80
- Latest Deal Type
-
Series C1
- Latest Deal Amount
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$170M
- Investors
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7
Pex General Information
Description
Developer of a cloud-based spending management platform intended to customize and control all aspects of employee spending and expenses. The company's platform enforces spending rules and streamlines reporting with the flexibility of business prepaid cards, enabling clients to proactively manage workforce spending, streamline operations, and leverage actionable activity data.
Contact Information
Website
www.pexcard.comCorporate Office
- 169 Madison Avenue
- Suite 15440
- New York, NY 10016
- United States
Corporate Office
- 169 Madison Avenue
- Suite 15440
- New York, NY 10016
- United States
Pex Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 7. Later Stage VC (Series C1) | 29-Jul-2026 | $170M | Completed | Generating Revenue | ||
| 6. Secondary Transaction - Private | Completed | Generating Revenue | ||||
| 5. Debt - PPP | 30-Apr-2020 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series B) | 23-Oct-2012 | Completed | Generating Revenue | |||
| 3. Early Stage VC (Series A) | 02-Mar-2011 | Completed | Startup | |||
| 2. Early Stage VC | 01-Apr-2010 | $800K | $1.1M | Completed | Startup | |
| 1. Early Stage VC | 01-Jun-2007 | $300K | $300K | Completed | Startup |
Pex Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series B | ||||||||
| Series A |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
Pex Comparisons
Industry
Financing
Details
Pex Competitors (49)
One of Pex’s 49 competitors is Soldo, a Venture Capital-Backed company based in London, United Kingdom.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Soldo | Venture Capital-Backed | London, United Kingdom | ||||
| Mooncard | Venture Capital-Backed | Paris, France | ||||
| Pleo | Venture Capital-Backed | Copenhagen, Denmark | ||||
| Moss (Financial Software) | Venture Capital-Backed | Berlin, Germany | ||||
| Expensya | Private Equity-Backed | Paris, France |
Pex Patents
Pex Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| US-20090099965-A1 | Prepaid expense card management platform | Inactive | 21-Aug-2007 | ||
| US-20160063497-A1 | Prepaid expense card management platform | Inactive | 21-Aug-2007 | ||
| WO-2009026318-A2 | Prepaid expense card management platform | Inactive | 21-Aug-2007 | ||
| WO-2009026318-A3 | Prepaid expense card management platform | Inactive | 21-Aug-2007 | G06Q20/105 |
Pex Signals
Pex Investors (7)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Alpine Meridian | Venture Capital | Minority | ||
| Augury Capital Partners | Growth/Expansion | Minority | ||
| Bluff Point Associates | PE/Buyout | Minority | ||
| Angel (individual) | Minority | |||
| Angel (individual) | Minority |
Pex FAQs
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When was Pex founded?
Pex was founded in 2006.
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Where is Pex headquartered?
Pex is headquartered in New York, NY.
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What is the size of Pex?
Pex has 80 total employees.
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What industry is Pex in?
Pex’s primary industry is Other Financial Services.
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Is Pex a private or public company?
Pex is a Private company.
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What is Pex’s current revenue?
The current revenue for Pex is .
-
How much funding has Pex raised over time?
Pex has raised $175M.
-
Who are Pex’s investors?
Alpine Meridian, Augury Capital Partners, Bluff Point Associates, , and are 5 of 7 investors who have invested in Pex.
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Who are Pex’s competitors?
Soldo, Mooncard, Pleo, Moss (Financial Software), and Expensya are some of the 49 competitors of Pex.
Data Transparency
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