The Latest Breaking News from Brex

A Brex survey shows that coding and video are reaping big customer gains.

At a time when distrust of big tech is high, Silicon Valley is embracing an alternative ecosystem where every CEO is a star

Savvy has raised $15.5 million in an additional round led by Canvas Ventures, closing the startup’s Series A at $26.5 million, Fortune can exclusively report. Thrive Capital, Brewer Lane Ventures, Index Ventures, The House Fund, and Alumni Ventures, all existing investors, also participated in the round.

For proof, take a look at the $21,000 VIP dinner, $350 haircut, and Taylor Swift concert tickets that workers got reimbursed last year.

AJ Asver and Miguel Rios-Berrios closed the round for Parcha AI in mid-July—a mere two months after publicly launching the company.

Mercury CEO Immad Akhund says business has never been better, but some wonder if the new money is “sticky.”

The two banks have a long history of not getting along.

Quang Hoang, the co-founder of a startup called Birdly Inc., spent his Monday refreshing the website of Silicon Valley Bank every hour. His San Francisco-based mentoring startup had about $10 million deposited with the now-failed financial institution, patronized by a large portion of the country’s most promising tech companies. But…

Remote-first employers use company offsites to build connections and camaraderie among a dispersed workforce.