# PEX

**Source:** https://www.startuphub.ai/startups/pex
**Profile type:** Startup

> Integrated payments, credit, and spend management platform for businesses.

## About

Pex, now part of Vobile, provides advanced Music Recognition Technology (MRT) for identifying recordings, compositions, and AI-generated music. Their AI-powered solutions enable real-time content identification, fraud prevention, commercial licensing, and tracking of music across social media platforms. Pex serves a wide range of clients including rightsholders, music distributors, publishers, brands, and platforms.

## Key facts

- **Slug:** pex
- **Website:** https://www.pex.com/
- **Location:** New York, New York, USA
- **Founded:** 2015-01-01 00:00:00
- **Operating status:** Active
- **Total funding:** $160M
- **Sectors / tags:** Fintech, Financial Services, Payments, Corporate Cards, Spend Management, Embedded Finance, SMB Software, Expense Management, Automation
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/pex/
  - Twitter: https://twitter.com/pex_app
  - GitHub: https://github.com/ashima

## Frequently asked

### What does PEX do?

Pex, now part of Vobile, provides advanced Music Recognition Technology (MRT) for identifying recordings, compositions, and AI-generated music. Their AI-powered solutions enable real-time content identification, fraud prevention, commercial licensing, and tracking of music across social media platforms. Pex serves a wide range of clients including rightsholders, music distributors, publishers, brands, and platforms.

### What is PEX's revenue?

StartupHub estimates PEX's annual revenue at $39.6M (range $25.8M to $43.2M, 27% confidence), based on comparable companies in the sector.

### What is PEX's valuation?

StartupHub estimates PEX's effective valuation at $614.4M (range $400.0M to $960.0M, 10% confidence), based on comparable companies in the sector.

### How much funding has PEX raised?

PEX has raised a total of $160M in funding. The most recent round on record is Funding Round.

### Where is PEX headquartered?

PEX is headquartered in New York, New York, USA.

### When was PEX founded?

PEX was founded in 2015.

### What industry does PEX operate in?

PEX operates in Fintech, Financial Services, Payments, Corporate Cards, Spend Management, Embedded Finance.

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