Shantel
Key Takeaways:
- Brex, the global spend platform, has announced the addition of Jason Mok to their team, reinforcing their commitment to serving startups and their founders.
- With his experience at venture firm Andreessen Horowitz, Mok’s arrival at Brex comes at a crucial time when founders increasingly turn to the platform for financial management, community building, and business growth.
- Mok’s role at Brex involves helping startups navigate the current macroeconomic environment, recent banking crises, and emerging technologies such as generative AI.
Commitment to Founders: Brex’s Initiatives
As part of its commitment to founders, Brex has outlined several initiatives:
- Building a Team of Regional Ambassadors: Brex is expanding its team of regional ambassadors in key tech hubs like San Francisco, the Bay Area, NYC, Boston, and more. These ambassadors will enhance the startup community through networking events and founder-focused gatherings.
- Valuable AI Tools and Systems: Brex offers a new suite of discounts and offers on essential AI tools and systems to support startups’ business growth. Discounts are available for Builder.ai® Studio Store®, Fireflies, Notion, StatSig, and others, along with access to OpenAI API credits and Scale AI.
- Comprehensive Support for Scaling: Brex ensures startups have the necessary resources to scale at every stage of growth. This includes providing corporate cards, operating accounts, travel management, reimbursements, and bill payment solutions.
In addition to Jason Mok’s appointment, Brex has also named Nadav Lidor as the lead for banking products catered to startups. Lidor, who oversees Brex’s Israel office, focuses on enhancing Brex business accounts, including cash management accounts with FDIC insurance and a suite of money movement tools.
Welcome to Jason Mok
Jason Mok joins Brex with a wealth of experience in startups and innovation. Formerly an Operating Partner and General Manager at Andreessen Horowitz, he managed a16z Seed and facilitated connections between portfolio companies, capital partners, and advisors. With almost 17 years at Silicon Valley Bank, Mok developed expertise in relationship management and fostering valuable connections for entrepreneurs and investors.
Henrique Dubugras, co-founder and co-CEO of Brex, expressed his enthusiasm for Mok’s deep knowledge of startups and innovation, highlighting the importance of supporting founders as they scale from startup to IPO. Mok echoed this sentiment, emphasizing Brex’s dedication to founders and their success, particularly during challenging times like the recent banking crisis.
Mok’s addition to the team comes as Brex continues to experience momentum and growth, recently achieving $100 million in annual recurring revenue (ARR) for both Empower and Brex business accounts. Brex proudly serves renowned companies such as Coinbase, DoorDash, Generations Healthcare, Indeed, Lemonade, SeatGeek, TuSimple, and more.
For further information about Brex, please visit www.brex.com.
About Brex
Brex is the first fully unified global spend platform, providing corporate cards, expense management, reimbursements, bill pay, and travel management in one place. By empowering employees to make better financial decisions anywhere, Brex facilitates comprehensive global spend management for finance teams and founders. Brex serves tens of thousands of businesses, ranging from enterprises to startups.
