OverviewSuggest Edit

Braze (formerly known as Appboy) is a provider of a customer engagement platform for real-time and continuous data streaming. The platform enables brands to ingest and process customer data in real-time, manage cross-channel marketing campaigns, test and measure the impact of campaigns on the web, via mobile apps, content cards, email, or messages. The company caters to the retail, eCommerce, media, entertainment, financial services, hospitality, and travel industries.
TypePublic
Founded2011
HQNew York, NY, US
Websitebraze.com
Employee Ratings4.7
Overall CultureA+

Latest Updates

Employees (est.) (Dec 2021)1,164(+34%)
Job Openings424
Revenue (FY, 2020)$150.2 M(+56%)
Share Price (May 2022)$34.9(+19%)
Cybersecurity ratingCMore
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Key People/Management at Braze

Bill Magnuson

Bill Magnuson

CEO and Co-founder
Myles Kleeger

Myles Kleeger

President and CCO
Jon Hyman

Jon Hyman

CTO and Co-founder
Isabelle Winkles

Isabelle Winkles

CFO
Daniel Head

Daniel Head

CRO
Sara Spivey

Sara Spivey

CMO
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Braze Office Locations

Braze has offices in New York, Chicago, San Francisco, Tokyo and in 2 other locations
New York, NY, US (HQ)
330 W 34th St, 18th floor
Chicago, IL, US
Civic Opera building 20 N Upper Wacker Drive
San Francisco, CA, US
114 Sansome Street, Suite 500
Tokyo, JP
Midtown Tower, 18 floor Akasaka 9-7-1, Minato-ku
Singapore, SG
12 Marina View
London, GB
1, Waterhouse Square
Show all (6)

Braze Financials and Metrics

Braze Revenue

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View revenue for all periods
Braze's revenue was reported to be $150.19 m in FY, 2020
USD

Revenue (Q3, 2021)

64.0m

Gross profit (Q3, 2021)

44.8m

Gross profit margin (Q3, 2021), %

70%

Net income (Q3, 2021)

(9.1m)

EBIT (Q3, 2021)

(10.4m)

Market capitalization (13-May-2022)

3.2b

Closing stock price (13-May-2022)

34.9

Cash (31-Oct-2021)

42.0m
Braze's current market capitalization is $3.2 b.
Annual
USDFY, 2019FY, 2020

Revenue

96.4m150.2m

Cost of goods sold

35.7m54.5m

Gross profit

60.7m95.7m

Gross profit Margin, %

63%64%
Quarterly
USDQ1, 2020Q3, 2020Q1, 2021Q2, 2021Q3, 2021

Revenue

32.0m39.3m47.9m55.8m64.0m

Cost of goods sold

11.8m14.4m15.8m18.8m19.2m

Gross profit

20.2m24.9m32.1m37.0m44.8m

Gross profit Margin, %

63%63%67%66%70%
Annual
USDFY, 2019FY, 2020

Cash

6.7m28.5m

Accounts Receivable

23.3m34.8m

Prepaid Expenses

11.4m12.2m

Current Assets

127.0m134.0m
Quarterly
USDQ2, 2021Q3, 2021

Cash

41.8m42.0m

Accounts Receivable

35.1m36.0m

Prepaid Expenses

14.3m17.7m

Current Assets

128.2m130.6m
Annual
USDFY, 2019FY, 2020

Net Income

(31.8m)(32.0m)

Depreciation and Amortization

645.0k1.6m

Accounts Payable

(2.6m)(776.0k)

Cash From Operating Activities

1.2m777.0k
Quarterly
USDQ3, 2020Q2, 2021Q3, 2021

Net Income

(21.2m)(25.8m)(34.8m)

Depreciation and Amortization

1.0m1.4m2.1m

Accounts Payable

(783.0k)1.1m784.0k

Cash From Operating Activities

(6.1m)(8.4m)(10.9m)
USDFY, 2020

Revenue/Employee

238.4k

Financial Leverage

-1.8 x
Show all financial metrics

Braze Operating Metrics

Braze's Customers was reported to be 800 in Dec, 2019.
Dec, 2019

Annual Recurring Revenue

$100 m

Customers

800

Messages Sent per day

30 b
Show all operating metrics

Braze Acquisitions / Subsidiaries

Company NameDateDeal Size
Braze KK

Braze Revenue Breakdown

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Braze revenue breakdown by business segment: 6.1% from PROFESSIONAL SERVICES and 93.9% from SUBSCRIPTION

Braze revenue breakdown by geographic segment: 60.3% from UNITED STATES and 39.7% from INTERNATIONAL

Braze Cybersecurity Score

Cybersecurity ratingPremium dataset

C

79/100

SecurityScorecard logo

Braze Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

50-59

out of 100

CSRHub logo

Braze Online and Social Media Presence

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Braze Company Culture

  • Overall Culture

    A+

    84/100

  • CEO Rating

    A+

    83/100

  • Compensation

    B+

    79/100

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Braze News and Updates

Customer engagement firm Braze valued at $8B following strong IPO

Customer engagement software company Braze Inc. enjoyed a strong debut on the public markets today with its share price opening 34% above its marketed range to value the company at almost $8 billion. Braze said it sold 8 million shares in its initial public offering along with certain selling stock…

Braze sets IPO terms, and could be valued at up to $5.4 billion

Braze Inc. has set terms of its initial public offering, in which the New York-based provider of an engagement platform between consumers and brands could be valued at up to $5.41 billion. The company is looking to raise up to $402.0 million, as it is offering 6.7 million Class A shares in the IPO,…

Braze Begins The IPO Process Amid Pandemic-Era Growth In Digital Marketing

New York-based company's S-1 filing reported $96.4 million in revenue in 2020 and $150.2 million in 2021 with net losses of $31.4 million.

Braze Reveals New Features and Partnerships to Help Brands Use Customer Data for Future Growth

NEW YORK, July 20, 2021 /PRNewswire/ -- Braze, the comprehensive customer engagement platform, today announced several new product and partnership updates that provide brands with greater control of their first-party data, leading to smarter decision-making and more substantial outcomes...

Apptopia, Braze, and Skyscanner Release Trends and Predictions for Travel and Hospitality Industry

NEW YORK, June 7, 2021 /PRNewswire/ -- Braze, a comprehensive customer engagement platform, today revealed findings from its newest data report, Ready for Takeoff: 2021 Travel Industry Trends, Insights, and Strategies. The research includes findings from a survey of 9,500 consumers across...
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Braze Blogs

Introducing Braze Email Creative Services

Get high-quality HTML email templates tailored to your business needs in a few simple steps with Braze Email Creative Services.

Why Anonymous Users Matter for Retail and eCommerce in a Fast-Changing World

Anonymous users are more valuable than most marketers think. Just because they're unknown, doesn't mean they aren't spending money. Here's how to drive engagement with this unique segment.

Understanding Key-Value Pairs and How They Support Smart Customization

With key-value pairs, brands can customize the message they send in new and exciting ways, while also digging deeper into the nuances of campaign performance.

Make the Most of Your Email Program With Deliverability Monitoring and Premium Deliverability Services at Braze

Improve your email deliverability and overall email marketing KPIs with the support of our team of email deliverability experts.

Reach the Next Level With the Braze Customer Success Team

Find out how the Braze Customer Success team enables companies like yours to get more out of the Braze platform to drive customer engagement best practices and KPIs.

The State of Customer Engagement for QSR and Delivery Brands

In today’s fast-moving business environment, QSR and delivery brands need to stay on top of shifting technologies and customer expectations to thrive going forward. To help out, Braze is providing a look at the state of customer engagement for QSR and delivery brands in 2022, based on this year’s Gl…
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Braze Frequently Asked Questions

  • When was Braze founded?

    Braze was founded in 2011.

  • Who are Braze key executives?

    Braze's key executives are Bill Magnuson, Myles Kleeger and Jon Hyman.

  • How many employees does Braze have?

    Braze has 1,164 employees.

  • What is Braze revenue?

    Latest Braze annual revenue is $150.2 m.

  • What is Braze revenue per employee?

    Latest Braze revenue per employee is $129 k.

  • Who are Braze competitors?

    Competitors of Braze include Cheetah Digital, Blueshift and Marketo.

  • Where is Braze headquarters?

    Braze headquarters is located at 330 W 34th St, 18th floor, New York.

  • Where are Braze offices?

    Braze has offices in New York, Chicago, San Francisco, Tokyo and in 2 other locations.

  • How many offices does Braze have?

    Braze has 6 offices.