{
 "company": "brex",
 "as_of": "2026-10-06",
 "choices": [
  {
   "id": "brex-p01",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "product",
   "dimension": "Underwriting",
   "statement": "Brex evaluated the business rather than relying on the founder\u2019s personal credit score.",
   "event_date": "2018-10-17",
   "date_precision": "day",
   "evidence_kind": "participant_account",
   "sources": [
    "BR1"
   ]
  },
  {
   "id": "brex-p02",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "product",
   "dimension": "Guarantee",
   "statement": "Its startup card did not require a personal guarantee.",
   "event_date": "2018-10-17",
   "date_precision": "day",
   "evidence_kind": "participant_account",
   "sources": [
    "BR1"
   ]
  },
  {
   "id": "brex-p03",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "product",
   "dimension": "Issuance",
   "statement": "Approved customers could obtain a virtual card quickly.",
   "event_date": "2018-10-17",
   "date_precision": "day",
   "evidence_kind": "participant_account",
   "sources": [
    "BR1"
   ]
  },
  {
   "id": "brex-p04",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "product",
   "dimension": "Receipts",
   "statement": "Employees could submit receipts by text message.",
   "event_date": "2018-10-17",
   "date_precision": "day",
   "evidence_kind": "participant_account",
   "sources": [
    "BR1"
   ]
  },
  {
   "id": "brex-p05",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "product",
   "dimension": "Controls",
   "statement": "Administrators could manage employee cards and limits.",
   "event_date": "2018-10-17",
   "date_precision": "day",
   "evidence_kind": "participant_account",
   "sources": [
    "BR1"
   ]
  },
  {
   "id": "brex-g01",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "go_to_market",
   "dimension": "Initial customer",
   "statement": "The founders began with startups that struggled to obtain corporate cards.",
   "event_date": "2018-10-17",
   "date_precision": "day",
   "evidence_kind": "participant_account",
   "sources": [
    "BR1"
   ]
  },
  {
   "id": "brex-g02",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "go_to_market",
   "dimension": "Prior knowledge",
   "statement": "The founders brought payments experience from Pagar.me.",
   "event_date": "2018-10-17",
   "date_precision": "day",
   "evidence_kind": "participant_account",
   "sources": [
    "BR1"
   ]
  },
  {
   "id": "brex-g03",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "go_to_market",
   "dimension": "Partner access",
   "statement": "Building bank relationships was part of making the card available.",
   "event_date": "2018-10-17",
   "date_precision": "day",
   "evidence_kind": "participant_account",
   "sources": [
    "BR1"
   ]
  },
  {
   "id": "brex-g04",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "go_to_market",
   "dimension": "Benefits",
   "statement": "Customer rewards included services used by startups.",
   "event_date": "2018-10-17",
   "date_precision": "day",
   "evidence_kind": "participant_account",
   "sources": [
    "BR1"
   ]
  },
  {
   "id": "brex-g07",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "go_to_market",
   "dimension": "Focus",
   "statement": "Brex exited many traditional small-business accounts while pursuing growing companies and enterprises.",
   "event_date": "2022",
   "date_precision": "year",
   "evidence_kind": "participant_account",
   "sources": [
    "BR8"
   ]
  },
  {
   "id": "brex-g08",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "go_to_market",
   "dimension": "Monetization",
   "statement": "The enterprise software effort added a subscription model alongside card economics.",
   "event_date": "2022",
   "date_precision": "year",
   "evidence_kind": "participant_account",
   "sources": [
    "BR8"
   ]
  },
  {
   "id": "brex-p06",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "product",
   "dimension": "Policies",
   "statement": "Empower connected spending rules to company budgets.",
   "event_date": "2022-04",
   "date_precision": "month",
   "evidence_kind": "company_described_offering",
   "sources": [
    "BR2"
   ]
  },
  {
   "id": "brex-p07",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "product",
   "dimension": "Expense review",
   "statement": "The product directed finance teams toward exceptions to policy.",
   "event_date": "2022-04",
   "date_precision": "month",
   "evidence_kind": "company_described_offering",
   "sources": [
    "BR2"
   ]
  },
  {
   "id": "brex-p08",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "product",
   "dimension": "Workflow",
   "statement": "Empower covered card spending, reimbursements and bill payments.",
   "event_date": "2022-04",
   "date_precision": "month",
   "evidence_kind": "company_described_offering",
   "sources": [
    "BR2"
   ]
  },
  {
   "id": "brex-g05",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "go_to_market",
   "dimension": "Customer proof",
   "statement": "DoorDash was an early Empower customer.",
   "event_date": "2022-04",
   "date_precision": "month",
   "evidence_kind": "company_described_offering",
   "sources": [
    "BR2"
   ]
  },
  {
   "id": "brex-p09",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "product",
   "dimension": "International",
   "statement": "Brex supported US companies with employees in more than 100 countries.",
   "event_date": "2022-05-11",
   "date_precision": "day",
   "evidence_kind": "company_described_offering",
   "sources": [
    "BR3"
   ]
  },
  {
   "id": "brex-p10",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "product",
   "dimension": "Reimbursements",
   "statement": "Global support included reimbursements in local currencies.",
   "event_date": "2022-05-11",
   "date_precision": "day",
   "evidence_kind": "company_described_offering",
   "sources": [
    "BR3"
   ]
  },
  {
   "id": "brex-g06",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "go_to_market",
   "dimension": "Customer scope",
   "statement": "Deel was a customer and partner for global support.",
   "event_date": "2022-05-11",
   "date_precision": "day",
   "evidence_kind": "company_described_offering",
   "sources": [
    "BR3"
   ]
  },
  {
   "id": "brex-g09",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "go_to_market",
   "dimension": "Acquisition plan",
   "statement": "The founders announced a sale to Capital One.",
   "event_date": "2026-01-22",
   "date_precision": "day",
   "evidence_kind": "participant_account",
   "sources": [
    "BR7"
   ]
  },
  {
   "id": "brex-g10",
   "business": "Corporate cards, business accounts and spend-management software",
   "category": "go_to_market",
   "dimension": "Completed transaction",
   "statement": "Capital One completed the acquisition of Brex.",
   "event_date": "2026-04-07",
   "date_precision": "day",
   "evidence_kind": "company_described_offering",
   "sources": [
    "BR5"
   ]
  }
 ]
}