Brex introduced its partnership with Techstars, a world funding enterprise that gives entry to capital, one-on-one mentorship, and customised programming for early-stage entrepreneurs.
As a part of the partnership, Brex has joined Techstars’ world community of companions and can provide aspiring founders and early stage entrepreneurs unique sources to assist them scale their enterprise.
“Startups and founders have all the time been on the coronary heart of Brex, and are the shoppers we’ve served since day one,” mentioned Henrique Dubugras, co-founder and co-CEO of Brex. “We’re extremely excited to companion with Techstars to assist present extra sources and advantages to assist founders develop their enterprise and enhance their probability of success.”
With the partnership between Brex and Techstars, founders who’re part of Techstars’ accelerator applications may have entry to:
• Grasp lessons and Brex in-house specialists – Founders may have entry to free, on-line and in-person content material in addition to unique occasions hosted by specialists from Brex. By way of these occasions, founders will acquire distinctive insights in the marketplace from Brex information and obtain tactical help round monetary modeling to arrange for his or her subsequent fund elevate.
• Free entry to monetary forecasting and state of affairs planning platform – Whereas they’re part of the Techstars program, founders may have free entry to Pry, Brex’s monetary forecasting and state of affairs planning platform. Pry helps early-stage founders higher put together for his or her subsequent fund elevate by constructing monetary fashions, predicting money runway, creating hiring plans, and extra.
• Devoted help crew – Techstars founders utilizing Brex will obtain a devoted help crew to assist with all the onboarding course of in addition to any ongoing help.
• Founder Advantages – Techstar founders will obtain a signup bonus and best-in-class rewards. This contains the power to attend fireplace chats and Supper Membership dinners with founders and specialists of all phases within the trade.
“Techstars connects founders to a large number of alternatives that assist them scale their enterprise and this partnership with Brex reinforces that dedication to serving to entrepreneurs succeed. Having information at your fingertips permits higher enterprise selections and early-stage Techstars founders can discover worth within the instruments that Brex gives,” mentioned Marie Moussavou, Chief Portfolio Providers Officer.
“The partnership between Techstars and Brex is a large win for early stage founders,” mentioned Jason Bornhorst, CEO of First Greenback and former CEO and Co-founder of Affected person IO, a Techstars portfolio firm based in 2013 and bought by athenahealth in 2016. “Techstars offered the sources and instruments to assist lay the muse for my entrepreneurial journey and Brex has helped First Greenback scale to the place we’re in the present day. Combining the 2 is a recreation changer for founders.”