Founders’ success stories are a treasure trove of information and inspiration. They also provide a map of sorts that provides insight into the challenges of navigating the complex startup landscape. Hearing about the wins and challenges, as well as the inevitable mistakes, can help new and aspiring founders stay on track and even avoid common pitfalls.
When it comes to startup founder stories, you’d be hard-pressed to find anyone as compelling as Enrique Dubugras, founder and co-CEO of Brex, a financial services company. He learned to code at 12 and launched his first fintech at 16. Three years later, he sold that company, went to Stanford, founded Brex, and joined the Y Combinator Winter 2017 cohort.
This is just a small part of his story, which is why we are pleased to announce that Dubugras, along with Anu Hariharan, Managing Director and Partner of Y Combinator, will be joining us for a fireside chat at TechCrunch Disruption October 18-20 in San Francisco.
Dubugras co-founded Brex in 2017 to provide corporate credit cards to startups. In five years, Brex has evolved from merging credit cards, business cash accounts, new expense management and bill payment software into a financial operating system for companies of all sizes.
His achievements are impressive: last January The company raised $300 million. in the D-2 series round to raise its valuation to $12.3 billion and named a former Meta chief executive as its new chief product officer. In April, Brex acquired Pry Financials – launch of financial planning software with the support of YC – for $ 90 million.
We can’t wait to delve into the success story to understand what it took to build this fintech — and all of its technology — from the ground up. We will get information from both the founder and the investor – Hariharan led the investment in Brex and was front-row seat when it developed at YC.
Brazilian entrepreneur Dubugras created the payment company Pagar.me when he was 16 years old. In three years, Pagar.me’s processed transactions grew to $1.5 billion. In 2016, Dubugras sold Pagar.me and enrolled at Stanford University. After eight months, he dropped out of school and founded Brex, which raised $215 million in three rounds of funding in its first 22 months.
Hariharan has led investments in Boom, Brex, Convoy, Faire, Groww, Gusto, Instacart, Monzo, Rappi, RevenueCat, Snapdocs, Vouch and Whatnot. Hariharan previously partnered with Andreessen Horowitz (a16z), where she invested in consumer internet development and worked with management teams at portfolio companies including Airbnb, Instacart, Medium, OfferUp and Udacity. Prior to a16z, Hariharan was Head of Private Equity at The Boston Consulting Group in New York City, where she led numerous due diligences on growth stocks in the consumer and fintech sectors.
TechCrunch Disruption will return in person October 18-20 in San Francisco. Early action means big savings: Grab your pass now and save up to $1300. Student, government, and non-commercial passes are available for as little as $195 but are valid shortly when prices go up on July 29th.
Credit: techcrunch.com /