Internal data: Brex had Q3 annualized net revenue of $283M, up 1% QoQ, and the company is far from profitable, as the growth spurt after SVB's collapse fizzles (Mark Matousek/The Information)

Mark Matousek / The Information:
Internal data: Brex had Q3 annualized net revenue of $283M, up 1% QoQ, and the company is far from profitable, as the growth spurt after SVB's collapse fizzles  —  Almost no startup benefited more from the collapse of Silicon Valley Bank than Brex, which saw a surge in deposits from young companies …

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