When was PEX Card founded?

PEX Card was founded in 2006 and raised its 1st funding round 1 year after it was founded.

Where is PEX Card located?

PEX Card is headquartered in New York City, United States. It is registered at 1375 BROADWAY,STE 1100,NEW YORK,NY,10018.

How many employees does PEX Card have?

As of May 31, 2026, the latest employee count at PEX Card is 77.

Is PEX Card a funded company?

PEX Card is a funded company, having raised a total of $179M across 9 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Feb 2007.

When was the latest funding round of PEX Card?

PEX Card's latest funding was a $***** Conventional Debt round on Jul 28, 2026, with participation from 1 investor.

Where does PEX Card rank among its competitors?

PEX Card ranks 11th amongst 156 active competitors, of which 30 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was PEX Card, which secured an undisclosed amount in Jul, 2026.

Who are the top competitors of PEX Card?

PEX Card's top competitors include Ramp, Navan and Brex. Among them, PEX Card secured the most recent funding round in July, 2026.

PEX Card - 2026 Company Profile, Funding & Competitors

Company Details

SaaS-based corporate card solutions for businesses. It enables businesses to manage corporate cards for providing employee benefits solutions like spend and expense management, grants, rewards disbursement, and more. It provides solutions for virtual vendor cards, employee incentives, reimbursement, and more. Its app is available for Android and iOS users.

Website: pexcard.com
Social
Email ID: *****@pexcard.com
Phone Number: +1 **********
Registered Address: 1375 BROADWAY,STE 1100,NEW YORK,NY,10018

Key Metrics

Founded Year

2006

Location

New York City, United States

Stage

Series E

Total Funding

$179M in 9 rounds

Latest Funding Round

Conventional Debt, Jul 28, 2026, $*****

Investors

Bluff Point Associates & 5 more

Ranked

11^th among 156 active competitors

Employee Count

77 as on May 31, 2026

Similar Companies

Ramp & 713 more

View PEX Card's full profile

PEX Card is associated with 3 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
PREPAID EXPENSE CARD SOLUTIONS INC CIN: 32089919719 , United States, Active		$1M - $5M (As on May 31, 2012)	-	-
PREPAID EXPENSE CARD SOLUTIONS, INC. CIN: 3453105 , United States, Active	Dec 22, 2006	-	-	-
PEX CIN: 40103521147 , Latvia, Active	Mar 08, 2012	€0 - €1M (As on Dec 31, 2023)	1 (As on Dec 31, 2023)	-

PEX Card has raised a total funding of $179M over 9 rounds. Its first funding round was on Feb 2007. Its latest funding round was a Conventional Debt round on Jul 28, 2026 for $*****. 1 investor participated in its latest round. PEX Card has 6 institutional investors.

Here is the list of recent funding rounds of PEX Card:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 28, 2026	5282879	Conventional Debt	3686649	5645638	4422112	8660174
Jul 28, 2026	8170249	Series E	1901356	1793744	4609431	3175236
Feb 18, 2026	6934573	Series D	5412366	2965976	5277600	6309599

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View details of PEX Card's funding rounds and investors

PEX Card's employee count trend

PEX Card has 77 employees as of May 26. Here is PEX Card's employee count trend over the years:

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Top competitors of PEX Card include Ramp, Navan and Brex. Here is the list of Top 10 competitors of PEX Card, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Ramp 2019, New York City (United States), Series F	Provider of a platform for spend management, corporate cards, and payables	$3.22B	Founders Fund, Coatue & 72 others	84/100
2nd	Navan 2015, Palo Alto (United States), Public	Provider of a platform for business travel and expense management	$1.58B	Andreessen Horowitz, Greenoaks & 22 others	80/100
3rd	Brex 2017, San Francisco (United States), Acquired	Provider of financial software platform, cards, banking, expense, and accounting	$1.2B	DST Global, Greenoaks & 70 others	80/100
4th	Emburse 2002, San Francisco (United States), Acquired	Provider of software for managing corporate travel and expense reporting	$7.5M	Salesforce Ventures, Sherpalo Ventures & 27 others	76/100
5th	Concur 1988, Bellevue (United States), Acquired	Provider of travel, expense, and invoice management solutions for businesses	-	Redpoint Ventures, RRE Ventures & 8 others	75/100
6th	Marqeta 2010, Oakland (United States), Public	Provider of a platform for modern card issuing and payment solutions	$528M	Coatue, Greylock Partners & 64 others	75/100
7th	Expensify 2008, San Francisco (United States), Public	Provider of expense management software, corporate cards, and travel booking	$27.8M	Redpoint Ventures, OpenView & 11 others	74/100
8th	Wright Express 1983, Portland (United States), Public	Provider of fleet management, employee benefits, and business payment solutions	-	Warburg Pincus, NewStar Financial & 5 others	73/100
9th	Payhawk 2018, Sofia (Bulgaria), Series B	Provider of spend management platform with AI-powered automation and control	$239M	Earlybird, QED Investors & 22 others	71/100
10th	Jeeves 2019, New York City (United States), Series C	Digital company offering payment and corporate financial cards	$380M	CRV, GIC & 71 others	69/100
11th	PEX Card 2006, New York City (United States), Series E	SaaS-based corporate card solutions for businesses	$179M	Inovia Capital, Alpine Meridian & 4 others	66/100