14 Best New Tech Stocks To Buy Now

9. Braze Inc. (NASDAQ:BRZE)

Market Capitalization as of September 13: $3.55 billion

Number of Hedge Fund Holders: 30

Braze Inc. (NASDAQ:BRZE) is a cloud-based software company, leading a customer engagement platform that helps businesses build and maintain strong relationships with their customers. It provides tools for customer messaging, personalization, and analytics, enabling companies to deliver relevant and engaging experiences across various channels.

The company generated $145.50 million of revenue, up 26.40% year-over-year in the fiscal second quarter of 2025. The customer count reached 2,163 in this period, an increase of 61 during the quarter and 205 year-over-year. 30 hedge funds are long in the company, with the highest stake valued at $190,352,665 by Cadian Capital.

The company is committed to leveraging challenging environments to differentiate itself as a global leader in customer engagement, which includes elevating its AI capabilities.

Celebrating its 13th anniversary, it launched the Braze Data Platform, which streamlines data unification, activation, and distribution. This platform allows brands to easily integrate first-party data from sources like Amazon Redshift, Databricks, and Snowflake, enhancing personalization and engagement. Customers with over $500,000 ARR grew to 222, up 28% year-over-year.

It plans to enhance its data platform in collaboration with partners like Amperity, Twilio Segment, and others. There are plans to launch initiatives like “Braze for Start-ups,” providing VC-backed companies access to the company platform, and a free 14-day trial for brands to explore its capabilities.

Braze Inc. (NASDAQ:BRZE) is well-positioned to lead in customer engagement as marketers become more ambitious. This company can deliver enhanced relevance and personalization at scale, positioning the company for continued growth and market leadership.

The RiverPark/Next Century Growth Fund stated the following regarding Braze, Inc. (NASDAQ:BRZE) in its fourth quarter 2023 investor letter:

“Braze, Inc. (NASDAQ:BRZE)is a leading next-generation customer engagement platform that allows brands to deliver cross channel marketing campaigns to end customers in real-time. BRZE currently serves about 2,000 customers across a diverse range of verticals, including retail/ecommerce, media & entertainment, financial services, travel & hospitality, quick service restaurants, and social/messaging/gaming. With a next-generation platform addressing the modern needs of an enterprise, Braze is disrupting the market and gaining share from legacy competitors, demonstrated by recent revenue growth in the 30% range with 70%+ gross margins.”