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 complicated startup panorama. Listening to concerning the triumphs and challenges — and the inevitable missteps — can assist new and aspiring early-stage founders keep the course and even keep away from widespread pitfalls.
Relating to 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 bought 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 accomplice at Y Combinator, will be 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 change into a monetary working system for firms of all sizes.
Its achievements are spectacular: Final January, the company 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 are able to’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 bought Pagar.me and enrolled at Stanford College. After eight months, he left faculty and based Brex, which raised $215 million in funding throughout three rounds in its first 22 months.
Hariharan led investments in Growth, Brex, Convoy, Faire, Groww, Gusto, Instacart, Monzo, Rappi, RevenueCat, Snapdocs, Vouch and Whatnot. Beforehand, Hariharan was a accomplice at Andreessen Horowitz (a16z), the place she targeted on shopper web development 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 Non-public Fairness apply in New York Metropolis, the place she led a number of development fairness due diligences within the shopper and fintech sectors.
TechCrunch Disrupt is again in individual on October 18-20 in San Francisco. Early motion equals larger financial savings: Grab your pass now and save as much as $1,300. Pupil, authorities and nonprofit passes can be found for simply $195 however act quickly as costs improve July 29.
Leave a Reply