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Braze Priced, Nasdaq: BRZE

Provides a cross-channel customer engagement platform.

Industry: Technology

Latest Trade: $27.16 +0.63 (+2.4%)

First Day Return: +43.7%

Return from IPO: -59.2%

Industry: Technology

Braze is a leading comprehensive customer engagement platform that powers customer-centric interactions between consumers and brands. Using our platform, brands ingest and process customer data in real time, orchestrate and optimize contextually relevant, cross-channel marketing campaigns and continuously evolve their customer engagement strategies. As of July 2021, more than 1,000 customers around the world trust Braze with their most valuable assets: their customer relationships. Over the past three years, the scale of our platform has grown substantially. Our platform enabled interactions with 3.3 billion monthly active users via our customers’ apps, websites and other digital interfaces in July 2021, up from 2.3 billion in January 2020 and 1.6 billion in January 2019. In fiscal year 2021 alone, we processed over seven trillion consumer-generated data points on our platform, and our customers sent approximately one trillion messages to their consumers using our platform. We built our platform on the premise that in order to foster positive customer experiences and long-lasting customer relationships, brands must communicate with consumers in human-like ways. To ensure that interactions between brands and consumers have the same relevance and cross-channel continuity as human interactions, we avoid channel silos so that each channel is aware of activity occurring in other channels and is able to react to that activity in real time.
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IPO News for Braze
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IPO Data
IPO File Date 10/22/2021
Offer Price $65.00
Price Range $55.00 - $60.00
Offer Shares (mm) 8.0
Deal Size ($mm) $520
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 11/16/2021
Offer Price $65.00
Price Range $55.00 - $60.00
Offer Shares (mm) 8.0
Deal Size ($mm) $520
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters New York, NY
Founded 2011
Employees 870
Website www.braze.com