Banzai Welcomes 1,255 Customers in 2024, Demonstrating Robust Adoption and Customer Loyalty
Banzai International (NASDAQ: BNZI) has welcomed 1,255 customers in 2024, including 147 in July alone. The company's strong organic growth is evident with 867 new customers and 388 reactivating customers across various industries such as software, technology, healthcare, and finance. Notable additions include Cisco, Nextiva, Sprinklr, Globe Life Insurance, and LoanDepot.
CEO Joe Davy expressed excitement about new and reactivating logos like Community Brands, VAST Data, and Infinidat joining in July. Banzai has seen significant acceleration in its Reach business and continues to innovate its platform with enhanced data-driven insights and user experiences. The company's VP of Customer Experience, Rachel Stanley, highlighted the importance of reactivating customers as a testament to Banzai's long-term benefits and trustworthiness.
Banzai International (NASDAQ: BNZI) ha accolto 1.255 clienti nel 2024, di cui 147 solo a luglio. La forte crescita organica dell'azienda è evidente con 867 nuovi clienti e 388 clienti riattivati in vari settori, come software, tecnologia, sanità e finanza. Tra le aggiunte più notevoli ci sono Cisco, Nextiva, Sprinklr, Globe Life Insurance e LoanDepot.
Il CEO Joe Davy ha espresso entusiasmo per i nuovi loghi e quelli riattivati, come Community Brands, VAST Data e Infinidat, che si sono uniti a luglio. Banzai ha registrato un'accelerazione significativa nel suo business Reach e continua a innovare la sua piattaforma con approfondimenti basati sui dati e esperienze utente migliorate. La VP dell'Esperienza Cliente, Rachel Stanley, ha sottolineato l'importanza di riattivare i clienti, come dimostrazione dei benefici a lungo termine e dell'affidabilità di Banzai.
Banzai International (NASDAQ: BNZI) ha dado la bienvenida a 1,255 clientes en 2024, incluidos 147 solo en julio. El sólido crecimiento orgánico de la empresa se refleja en 867 nuevos clientes y 388 clientes reactivados en diversas industrias como software, tecnología, atención médica y finanzas. Las adiciones más notables incluyen a Cisco, Nextiva, Sprinklr, Globe Life Insurance y LoanDepot.
El CEO Joe Davy expresó su emoción por los nuevos logotipos y los reactivados como Community Brands, VAST Data e Infinidat que se unieron en julio. Banzai ha visto una aceleración significativa en su negocio Reach y sigue innovando su plataforma con mejoras impulsadas por datos y experiencias de usuario. La VP de Experiencia del Cliente, Rachel Stanley, destacó la importancia de reactivar clientes como un testimonio de los beneficios a largo plazo y la confiabilidad de Banzai.
반자이 인터내셔널 (NASDAQ: BNZI)는 2024년에 1,255명의 고객을 맞이했으며, 그 중 147명은 7월 한 달 동안의 수치입니다. 회사의 강력한 유기적 성장은 소프트웨어, 기술, 의료 및 금융 산업 전반에 걸쳐 867명의 신규 고객과 388명의 재활성화된 고객으로 나타납니다. 눈에 띄는 신규 고객으로는 시스코, 넥스티바, 스프링클러, 글로브 생명 보험, 론디포트 등이 있습니다.
CEO 조 데이비는 커뮤니티 브랜드, VAST 데이터 및 인피니닷과 같은 새로운 로고와 재활성화된 로고가 7월에 합류한 점에 대해 흥분을 표했습니다. 반자이는 Reach 비즈니스에서 상당한 가속을 경험했으며, 데이터 기반 통찰력 및 사용자 경험을 개선한 플랫폼에서 계속 혁신하고 있습니다. 고객 경험 부사장인 레이첼 스탠리는 재활성화된 고객의 중요성을 강조하며, 이는 반자이의 장기적인 이점과 신뢰성을 입증한다고 밝혔습니다.
Banzai International (NASDAQ: BNZI) a accueilli 1.255 clients en 2024, dont 147 rien qu'en juillet. La forte croissance organique de l'entreprise est manifeste avec 867 nouveaux clients et 388 clients réactivés dans divers secteurs tels que les logiciels, la technologie, la santé et les finances. Parmi les ajouts notables figurent Cisco, Nextiva, Sprinklr, Globe Life Insurance et LoanDepot.
Le PDG Joe Davy a exprimé son enthousiasme pour de nouveaux logos et la réactivation de clients tels que Community Brands, VAST Data et Infinidat qui ont rejoint en juillet. Banzai a connu une accélération significative dans son activité Reach et continue d'innover sa plateforme avec des informations et des expériences utilisateur améliorées basées sur les données. La VP de l'Expérience Client, Rachel Stanley, a souligné l'importance de la réactivation des clients comme un témoignage des avantages à long terme et de la fiabilité de Banzai.
Banzai International (NASDAQ: BNZI) hat im Jahr 2024 insgesamt 1.255 Kunden begrüßt, darunter 147 im Juli allein. Das starke organische Wachstum des Unternehmens zeigt sich durch 867 neue Kunden und 388 reaktivierte Kunden aus verschiedenen Branchen wie Software, Technologie, Gesundheitswesen und Finanzen. Zu den bemerkenswerten Neuzugängen gehören Cisco, Nextiva, Sprinklr, Globe Life Insurance und LoanDepot.
CEO Joe Davy äußerte seine Begeisterung über neue und reaktivierte Logos wie Community Brands, VAST Data und Infinidat, die im Juli beitraten. Banzai hat eine erhebliche Beschleunigung in seinem Reach-Geschäft erfahren und innoviert weiterhin seine Plattform mit verbesserten datengestützten Einblicken und Nutzererfahrungen. Die VP für Kundenerfahrung, Rachel Stanley, hob die Bedeutung der Reaktivierung von Kunden als Beweis für die langfristigen Vorteile und die Vertrauenswürdigkeit von Banzai hervor.
- Added 1,255 customers in 2024, including 147 in July
- Secured high-profile clients such as Cisco, Nextiva, and Sprinklr
- 388 reactivating customers, indicating strong customer loyalty
- Expansion across various industries (software, technology, healthcare, finance)
- Acceleration in Reach business and continued platform innovation
- None.
Banzai's customer acquisition metrics for 2024 are impressive but require context. The addition of 1,255 customers, including 867 new and 388 reactivating, suggests strong market traction. However, without comparative data from previous periods or total customer base figures, it's challenging to gauge the true impact on Banzai's growth trajectory.
The diverse client portfolio, including major players like Cisco and Sprinklr, indicates broad market appeal. Yet, the reactivation rate (
While Banzai's customer acquisition numbers are noteworthy, the absence of financial data makes it difficult to assess the true impact on the company's bottom line. Key questions remain unanswered: What's the average revenue per customer? How does the customer acquisition cost compare to lifetime value? Without this information, we can't determine if this growth is profitable or sustainable.
The reactivation of 388 customers could be a double-edged sword. It might indicate strong product-market fit and customer loyalty, but it also suggests potential churn issues that need addressing. Investors should look for more concrete financial metrics in future reports to gauge the real value of this customer growth.
Marketing technology company maintains strong organic growth with customer wins
SEATTLE, Aug. 06, 2024 (GLOBE NEWSWIRE) -- Banzai International, Inc. (NASDAQ: BNZI) (“Banzai” or the “Company”), a leading marketing technology company that provides essential marketing and sales solutions, is thrilled to announce 147 additional customers in July 2024 in addition to 1,108 customers in the first half of 2024. In 2024, Banzai has added users including Cisco, Nextiva, Sprinklr, Globe Life Insurance, and LoanDepot. This includes 867 new customers and 388 reactivating customers, highlighting Banzai’s strong organic growth and customer loyalty.
The new and returning customers represent various industries, such as software, technology, healthcare, and finance. These organizations utilize Banzai’s platform to improve their marketing efforts and efficiently engage their pipeline.
“It’s incredibly gratifying to see 147 new and reactivating logos such as Community Brands, Sprinklr, VAST Data, and Infinidat trusting Banzai in July,” said Joe Davy, CEO of Banzai. “We are excited to support these organizations in growing their businesses and achieving marketing success.”
Banzai has seen a dramatic acceleration in its Reach business and continues to innovate and expand its offerings. Recent enhancements to its platform provide even more robust data-driven insights and seamless user experiences. These developments are part of Banzai’s strategy to stay ahead in the dynamic marketing technology landscape and to meet the evolving needs of its customers.
“We are especially proud of the 388 reactivating customers so far this year,” said Rachel Stanley, VP of Customer Experience. “Their return underscores the long-term benefits and trust they place in Banzai’s solutions. It validates our ongoing efforts to provide exceptional service and continuous improvement.”
As Banzai looks forward to the remainder of 2024, the company remains committed to driving growth, fostering customer success, and delivering cutting-edge marketing technology solutions.
About Banzai
Banzai is a marketing technology company that provides essential marketing and sales solutions for businesses of all sizes. On a mission to help their customers achieve their mission, Banzai enables companies of all sizes to target, engage, and measure both new and existing customers more effectively. Banzai customers include Square, Hewlett Packard Enterprise, Thermo Fisher Scientific, Thinkific, Doodle and ActiveCampaign, among thousands of others. Learn more at www.banzai.io. For investors, please visit https://ir.banzai.io/.
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements often use words such as “believe,” “may,” “will,” “estimate,” “target,” “continue,” “anticipate,” “intend,” “expect,” “should,” “would,” “propose,” “plan,” “project,” “forecast,” “predict,” “potential,” “seek,” “future,” “outlook,” and similar variations and expressions. Forward-looking statements are those that do not relate strictly to historical or current facts. Examples of forward-looking statements may include, among others, statements regarding Banzai International, Inc.’s (the “Company’s”): future financial, business and operating performance and goals; annualized recurring revenue and customer retention; ongoing, future or ability to maintain or improve its financial position, cash flows, and liquidity and its expected financial needs; potential financing and ability to obtain financing; acquisition strategy and proposed acquisitions and, if completed, their potential success and financial contributions; strategy and strategic goals, including being able to capitalize on opportunities; expectations relating to the Company’s industry, outlook and market trends; total addressable market and serviceable addressable market and related projections; plans, strategies and expectations for retaining existing or acquiring new customers, increasing revenue and executing growth initiatives; and product areas of focus and additional products that may be sold in the future. Because forward-looking statements relate to the future, they are subject to inherent uncertainties, risks and changes in circumstances that are difficult to predict and many of which are outside of our control. Forward-looking statements are not guarantees of future performance, and our actual results of operations, financial condition and liquidity and development of the industry in which the Company operates may differ materially from those made in or suggested by the forward-looking statements. Therefore, investors should not rely on any of these forward-looking statements. Factors that may cause actual results to differ materially include changes in the markets in which the Company operates, customer demand, the financial markets, economic, business and regulatory and other factors, such as the Company’s ability to execute on its strategy. More detailed information about risk factors can be found in the Company’s Annual Report on Form 10-K and the Company’s Quarterly Reports on Form 10-Q under the heading “Risk Factors,” and in other reports filed by the Company, including reports on Form 8-K. The Company does not undertake any duty to update forward-looking statements after the date of this press release.
Contacts:
Investors
Alvin Yip
Interim CFO, Banzai
alvin.yip@banzai.io
Media
Rachel Meyrowitz
Director, Demand Generation, Banzai
rachel.meyrowitz@banzai.io
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