Profitable founder tales are a trove of data and inspiration. They’re additionally a map of kinds, one that gives perception into the challenges of navigating the advanced startup panorama. Listening to in regards to the triumphs and challenges — and the inevitable missteps — may also help new and aspiring early-stage founders keep the course and even keep away from widespread pitfalls.
In the case of startup founder tales, you’d be hard-pressed to search out one as compelling as Henrique Dubugras, founder and co-CEO of Brex, a monetary providers firm. He discovered to code at age 12 and began his first fintech at age 16. Three years later, he offered that firm, went to Stanford, based Brex and joined the Y Combinator Winter 2017 cohort.
That’s only a tiny fraction of his story, and it’s why we’re thrilled to announce that Dubugras, together with Anu Hariharan, the managing director and associate at Y Combinator, will be a part of us for a hearth chat at TechCrunch Disrupt on October 18-20 in San Francisco.
Dubugras co-founded Brex in 2017 to offer company bank cards to startups. In 5 years, Brex has advanced — combining bank cards, enterprise money accounts, new spend administration and invoice pay software program — to turn out to be a monetary working system for firms of all sizes.
Its achievements are spectacular: Final January, the corporate raised $300 million in a Collection D-2 spherical to extend its valuation to $12.3 billion, and it named a former Meta exec as its new chief product officer. In April, Brex acquired Pry Financials — a monetary planning software program startup backed by YC — for $90 million.
We will’t wait to dig into the story behind the success to grasp what it took to construct this fintech — and all of its expertise — from scratch. We’ll get each the founder and the investor views — Hariharan led the funding in Brex and had a front-row seat because it developed at YC.
A Brazilian entrepreneur, Dubugras constructed funds firm Pagar.me when he was 16 years previous. In three years, Pagar.me grew to $1.5 billion in quantity of transactions processed. In 2016, Dubugras offered Pagar.me and enrolled at Stanford College. After eight months, he left college and based Brex, which raised $215 million in funding throughout three rounds in its first 22 months.
Hariharan led investments in Increase, Brex, Convoy, Faire, Groww, Gusto, Instacart, Monzo, Rappi, RevenueCat, Snapdocs, Vouch and Whatnot. Beforehand, Hariharan was a associate at Andreessen Horowitz (a16z), the place she centered on shopper web progress investments and labored with the administration groups of portfolio firms together with Airbnb, Instacart, Medium, OfferUp and Udacity. Previous to a16z, Hariharan was a principal at The Boston Consulting Group’s Personal Fairness apply in New York Metropolis, the place she led a number of progress fairness due diligences within the shopper and fintech sectors.
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