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Brex vs Faire — IPO & Funding Comparison

Side-by-side IPO readiness, funding history, and valuation comparison. Data sourced by TechStackIPO.

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Some data on this page may be outdated. We're verifying.
Brex: verified Jul 8, 2026. Data for Faire last verified: Jul 3, 2026.
Metric Brex Faire
Valuation$12.3B$12.4B
Total Funding$1.5B$1.7B
IPO StatusPrivatePrivate
SectorFintechE-commerce
StageSeries D+Series H
HeadquartersSan Francisco, CASan Francisco, CA
CEOHenrique DubugrasMax Rhodes
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Brex

Brex is the financial technology company providing corporate cards, expense management, and banking services to startups and enterprises. Valued at $12.3B with $1.8B raised, Brex generates $1B+ in annual revenue and has expanded from startups to mid-market and enterprise clients. Competes with Ramp, Divvy, and Amex in the $100B+ corporate card and spend management market. IPO candidate as B2B fintech consolidation accelerates.

IndustryFintech
StageSeries D+
IPO StatusPrivate
Valuation$12.3B
Total Funding$1.5B
HeadquartersSan Francisco, CA

Faire

Faire is the wholesale marketplace connecting 700K+ independent retailers with 100K+ emerging brands — the B2B commerce platform for the indie retail economy. Valued at $12.4B with $1.7B raised, Faire processes billions in annual GMV and is the dominant wholesale marketplace globally. IPO candidate as B2B commerce digitisation continues to disrupt traditional wholesale distribution — a $50B+ global market.

IndustryE-commerce
StageSeries H
IPO StatusPrivate
Valuation$12.4B
Total Funding$1.7B
HeadquartersSan Francisco, CA

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Frequently Asked Questions

What is the Brex vs Faire valuation in 2026? +

Brex is valued at $12.3B. Faire is valued at $12.4B. Both figures are based on the most recent funding rounds tracked by TechStackIPO.

Which is more likely to IPO first — Brex or Faire? +

Brex is currently private. Faire filed an S-1 in April 2026 and is actively in the IPO pipeline. Track both companies on TechStackIPO for S-1 filings, roadshow announcements, and IPO date updates.

How much has each company raised in total funding? +

Brex has raised $1.5B. Faire has raised $1.7B.

Are Brex and Faire in the same sector? +

Brex operates in Fintech, while Faire operates in E-commerce.

What are the key differences between Brex and Faire as investments? +

Brex is a Fintech company valued at $12.3B with $1.5B raised. Faire is a E-commerce company valued at $12.4B with $1.7B raised. See TechStackIPO's full side-by-side comparison for IPO readiness scores, funding timelines, and investor access options.

How can I invest in Brex or Faire before their IPO? +

Accredited investors can access pre-IPO shares in Brex and Faire through secondary market platforms, pre-IPO funds, and broker-dealer platforms that facilitate private company transactions. TechStackIPO's marketplace section tracks available access options for both companies. Pre-IPO investments carry higher risk and limited liquidity.