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Braze, Inc. (BRZE) is a leading customer engagement platform based in New York, empowering brands to build stronger relationships with their customers through intelligent CRM solutions. With a team of over 100 experts, Braze enables marketers to connect with their audiences on a human level, at scale, driving deep engagement and return on investment (ROI).
The core of Braze's platform is the holistic user profile, providing a comprehensive view of each customer. This profile is supported by robust audience segmentation and advanced multi-channel messaging capabilities. These tools allow brands to leverage user data to create and automate highly personalized marketing campaigns, fostering meaningful dialogues with customers across various devices and channels.
Braze's solutions cater to a wide range of industries, including Retail & E-commerce, Media & Entertainment, Financial Services, and Travel & Hospitality. The platform's vertically integrated stack includes key functionalities such as data ingestion, classification, orchestration, personalization, and action. Notably, Braze's AI engine, Sage AI, enhances these layers, driving intelligent customer engagement.
The company's powerful CRM platform is trusted by thousands of marketers globally, powering over a billion user profiles. High-profile brands like Domino's, Etsy, iHeartMedia, PicsArt, SoundCloud, and Urban Outfitters rely on Braze to engage, retain, and monetize their customers effectively.
Financially, Braze generates the majority of its revenue from the United States and continues to expand its market presence. The company is venture-funded and continuously innovates to enhance its platform and offer more value to its clients. Stay updated with the most recent developments and company news to understand Braze's impact and initiatives better.
Braze (BRZE) reported fiscal Q3 2025 results with revenue of $152.1 million, up 22.7% year-over-year. Subscription revenue reached $146.3 million, while professional services revenue was $5.8 million. The company's total customer base grew to 2,211, with 234 customers having ARR of $500,000 or more.
Key metrics include a dollar-based net retention rate of 113% for all customers and 116% for high-value customers. While GAAP operating loss was $32.6 million, non-GAAP operating loss improved to $2.2 million. The company maintains a strong financial position with $493.1 million in cash and equivalents.
For Q4 FY2025, Braze expects revenue between $155.0-156.0 million and projects full-year revenue of $588.0-589.0 million.
Braze (NASDAQ: BRZE), a customer engagement platform, has announced its participation in two upcoming investor conferences. At the Barclays Global Technology Conference on December 12th, 2024, Cofounder and CEO Bill Magnuson will present from 8:40 - 9:10 am PT. Subsequently, at the Needham Growth Conference on January 14th, 2025, CFO Isabelle Winkles will present at 2:15 pm ET.
All conference presentations will be accessible via webcast through the events section of Braze's Investor site at investors.braze.com.
Braze (NASDAQ: BRZE) has announced it will release its third quarter fiscal year 2025 financial results on Monday, December 9, 2024, after U.S. financial markets close. The company will host a webcast conference call to discuss the results at 4:30 pm ET (1:30 pm PT) on the same day. The webcast will be available under the events section of the Braze Investor site, with a replay accessible shortly after the live event.
Braze (BRZE) has been named a Leader in Gartner's 2024 Magic Quadrant for Multichannel Marketing Hubs for the second consecutive year. The evaluation was based on the company's Completeness of Vision and Ability to Execute. Braze's customer engagement platform enables brands to create personalized relationships through various channels including email, push notifications, SMS, and in-app messaging. The company recently introduced BrazeAI-powered tools like Project Catalyst for campaign optimization, and enhanced data capabilities with automated identity resolution and new integrations with AWS and Microsoft Azure.
Braze (Nasdaq: BRZE) unveiled new product innovations at Forge 2024, its annual customer conference. The company introduced Project Catalyst, a BrazeAI™ agent that creates personalized customer experiences by generating multiple variants of journey components. Braze also announced:
1. New BrazeAI™ assistants for advanced personalization logic and message templates
2. Canvas Templates for pre-built use cases
3. Enhancements to the Braze Data Platform, including Cloud Data Ingestion integrations with AWS S3 and Microsoft Azure
4. New channels like LINE and RCS Business
5. Expanded WhatsApp features
These innovations aim to help marketers craft and optimize one-to-one personalized experiences more efficiently, leveraging Braze's integrated tech stack and cross-channel architecture.
Braze (Nasdaq: BRZE) has opened applications for the fifth cohort of its Tech for an Equitable Future product grant program, partnering with BET+ for the first time. The program offers 20 companies with underrepresented founders 12 months of free access to Braze technology and resources. BET+ will provide mentorship, a branding masterclass, and free email advertising to select participants.
The initiative aims to address the funding disparity faced by Black and female entrepreneurs. In 2023, Black-founded startups received less than 0.5% of U.S. venture funding, while women-founded companies garnered just 2.2%. Braze currently supports 31 early-stage startups, including 16 women-founded businesses, with over $900,000 in annualized product value donated in FY'25.
Eligible applicants must be located in APAC, EMEA, or North America, have underrepresented founders, less than $30M in VC funding, fewer than 100 employees, and compatible SDK and resources. The application deadline is January 17, 2025.
Braze (NASDAQ: BRZE) reported strong fiscal Q2 2025 results, with revenue up 26.4% year-over-year to $145.5 million. The company achieved its first quarter of non-GAAP operating income profitability at $4.2 million and non-GAAP net income of $0.09 per share. Key highlights include:
- Subscription revenue: $140.0 million
- GAAP gross margin: 70.2%
- Non-GAAP gross margin: 70.9%
- Dollar-based net retention: 114%
- Total customers: 2,163
- Free cash flow: $7.2 million
Braze also introduced new products like the Braze Data Platform and Braze for Startups. The company updated its FY 2025 guidance, projecting revenue of $582.5 - $585.5 million and non-GAAP net income of $6.5 - $7.5 million.
Braze (Nasdaq: BRZE) has announced two new initiatives to help brands enhance customer engagement. The Braze for Startups program, launched with VC partner Left Lane Capital, offers VC-backed startups four months of free access to the Braze platform, supporting up to 2 million monthly active users and 120 million emails. Additionally, Braze is introducing a 14-day free trial of its customer engagement platform for brands of all sizes.
The Braze for Startups program includes growth onboarding services and continued platform use after the initial free period. The free trial features guided product tours, industry-specific templates, and hands-on platform use with BrazeAI-powered tools. Both initiatives aim to help brands experience Braze's capabilities firsthand and drive meaningful engagement and business results.
Braze (NASDAQ: BRZE), a leading customer engagement platform, has announced its participation in three upcoming investor conferences. The company's management will be presenting at:
- Citi Global TMT Conference on September 6th, with CEO Bill Magnuson and CFO Isabelle Winkles presenting from 9:10 - 9:50 am ET
- Goldman Sachs Communacopia + Technology Conference on September 9th, with CFO Isabelle Winkles presenting from 1:45 - 2:20 pm PT
- Piper Sandler Growth Frontiers Conference on September 10th, with CEO Bill Magnuson and President Myles Kleeger presenting from 1:30 - 1:55 pm CT
All presentations will be webcast and available on the Braze Investor site at investors.braze.com under the events section.
Braze (NASDAQ: BRZE), a leading customer engagement platform, has announced it will release its financial results for the second quarter of fiscal year 2025, ended July 31, 2024, after U.S. financial markets close on Thursday, September 5, 2024. The company will host a webcast conference call to discuss these results at 4:30 pm ET (1:30 pm PT) on the same day. Investors and interested parties can access the webcast under the events section of the Braze Investor site at investors.braze.com. A replay of the webcast will be made available shortly after the live event.