Braze revenue hit $223M in 2023
Braze generates revenue from 1000 customers
How did Latka collect this data?
Latka collected this data by interviewing Braze CEO Bill Magnuson on Dec 12, 2018
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Braze
330 W 34th Street, 18th Floor, New York, New York, 10018, United States
How Braze hit $223M revenue and 1K customers in 2021.
Braze Inc. is a customer engagement platform company based in New York, United States. Braze offers a platform that allows businesses to create and manage personalized messaging campaigns across multiple channels, including email, push notifications, SMS, and social media. The platform uses advanced analytics and AI-powered technology to help businesses understand their customers' behavior and preferences, and deliver targeted and relevant messaging that increases customer engagement and loyalty. Braze's platform also includes features such as customer segmentation, A/B testing, and campaign automation that help businesses optimize their messaging strategy.
2011
Founded
$223M
2021 Revenue
YOY
$175.1M
Funding
Braze Revenue
In 2021, Braze revenue run rate hit $223M in revenue.
-
2021
Braze hit $223M in revenue in 2021
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2021
Braze hit $200M in revenue in 2021
-
2020
Braze hit $100M in revenue in 2020
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2018
Braze hit $60M in revenue in 2018
-
2011
Braze launched in 2011 with $0 revenue
Braze Funding History
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2018 Series E
Braze raised a Series E of $80M at a $770M valuation in October, 2018
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2017 Series D
Braze raised a Series D of $0 in September, 2017
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2017 Series D
Braze raised a Series D of $50M in August, 2017
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2016 Series C
Braze raised a Series C of $0 in May, 2016
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2016 Series C
Braze raised a Series C of $20M in May, 2016
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2014 Series B
Braze raised a Series B of $15M in October, 2014
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2013 Series A
Braze raised a Series A of $7.6M in November, 2013
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2013 Non Equity Assistance
Braze raised a Non Equity Assistance of $0 in January, 2013
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2012 Seed Round
Braze raised a Seed Round of $1.5M in March, 2012
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2011 Seed Round
Braze raised a Seed Round of $1M in November, 2011
FUNDING DATE | ROUND | AMOUNT | VALUATION |
---|---|---|---|
October, 03 2018 | Series E | $80M | $770M |
September, 19 2017 | Series D | $0 | - |
August, 03 2017 | Series D | $50M | - |
May, 30 2016 | Series C | $0 | - |
May, 04 2016 | Series C | $20M | - |
October, 02 2014 | Series B | $15M | - |
November, 06 2013 | Series A | $7.6M | - |
January, 01 2013 | Non Equity Assistance | $0 | - |
March, 26 2012 | Seed Round | $1.5M | - |
November, 23 2011 | Seed Round | $1M | - |
Team
Braze has 1,580 total employees and 138 sales reps that carry a quota. They have 1,000 customers an engineering team of 93 and a marketing team of 34.
DISTRIBUTION | QTY |
---|---|
Total team size | 1.6K |
Engineer | 93(6%) |
Sales | 138(9%) |
Marketing | 34(2%) |
Founder / CEO
Bill Magnuson
As CEO and Cofounder of Braze (formerly Appboy), Bill is humanizing connections between brands and customers at a global scale. By streamlining customers' past, present, and future data in an interactive feedback loop, Braze allows brands to take immediate actions on insights – creating personalized messaging experiences.
Q&A
What's your age?
31
Favorite online tool?
Greenhouse
Favorite book?
Hard thing about hard things, ,Chrossing the Chasm
Favorite CEO?
-
Advice for 20 year old self
ENjoy the journey!
Customers
Braze has 1K customers.
Lifetime Months
240
x
Monthly ARPU
$18.6K
=
Lifetime Dollar
$2M
Acquisition Cost
$130K
Average Annual Price
$223K
Churn
Braze has an annual churn rate of 5%.
Gross Annual Dollar Churn
-5%
Annual Dollar Expansion
35%
Net Revenue Retention
130%
Braze Executives
Name | Position | Working Email | Personal Email |
---|---|---|---|
Bill Magnuson | CEO | - | - |
Braze Employees
Name | Position | Working Email | Personal Email |
---|---|---|---|
Bill Magnuson | CEO | - | - |
People Also Viewed
Frequently Asked Questions about Braze
When was Braze founded?
Braze was founded in 2011.
How much revenue does Braze generate?
Braze generates $223M in revenue.
Who is the CEO of Braze?
The CEO of Braze is Bill Magnuson.
How much funding does Braze have?
Braze raised $175.1M.
How many employees does Braze have?
Braze has 1.6K employees.
Where is Braze headquarters?
Braze is headquartered at 330 W 34th Street, 18th Floor, New York, New York, 10018, United States
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