Banzai Continues Strong Organic Growth with the Addition of Over 230 Customers in April
May 13 2024 - 3:05PM
Banzai International, Inc. (
NASDAQ: BNZI)
(“Banzai” or the “Company”), a leading marketing technology company
that provides essential marketing and sales solutions, today
celebrates the Company’s successful and continuous customer
acquisitions efforts with the addition of 169 new and 62
reactivating customers during April 2024. Banzai previously added
over 580 customers in Q1 2024, bringing the total sign-ups
year-to-date to 810.
Customers added during April include well
renowned names like The Economist Impact, which offers partnership
solutions combining think-tank rigor, media brand creativity and
global influence to catalyze growth and change in the world,
Crowdstrike, a leader in global cybersecurity, Vaisala Xweather
(HEL: VAIAS), which provides top-quality weather data enhanced with
AI and machine learning, and ConvertKit, a marketing technology
leader in email, automation, and monetization for creators.
“During the first quarter of 2024 we saw an
acceleration in customer wins and I’m excited to see the momentum
continue into Q2,” said Joe Davy, CEO and Founder of Banzai.
About Banzai
Banzai is a marketing technology company that
provides essential marketing and sales solutions for businesses of
all sizes. On a mission to help their customers achieve their
mission, Banzai enables companies of all sizes to target, engage,
and measure both new and existing customers more effectively.
Banzai customers include Square, Hewlett Packard Enterprise, Thermo
Fisher Scientific, Thinkific, Doodle and ActiveCampaign, among
thousands of others. Learn more at www.banzai.io. For
investors, please visit https://ir.banzai.io/.
Forward-Looking Statements
This press release contains forward-looking
statements within the meaning of the Private Securities Litigation
Reform Act of 1995. Forward-looking statements often use words such
as “believe,” “may,” “will,” “estimate,” “target,” “continue,”
“anticipate,” “intend,” “expect,” “should,” “would,” “propose,”
“plan,” “project,” “forecast,” “predict,” “potential,” “seek,”
“future,” “outlook,” and similar variations and expressions.
Forward-looking statements are those that do not relate strictly to
historical or current facts. Examples of forward-looking statements
may include, among others, statements regarding Banzai
International, Inc.’s (the “Company’s”): future financial, business
and operating performance and goals; annualized recurring revenue
and customer retention; ongoing, future or ability to maintain or
improve its financial position, cash flows, and liquidity and its
expected financial needs; potential financing and ability to obtain
financing; acquisition strategy and proposed acquisitions and, if
completed, their potential success and financial contributions;
strategy and strategic goals, including being able to capitalize on
opportunities; expectations relating to the Company’s industry,
outlook and market trends; total addressable market and serviceable
addressable market and related projections; plans, strategies and
expectations for retaining existing or acquiring new customers,
increasing revenue and executing growth initiatives; and product
areas of focus and additional products that may be sold in the
future. Because forward-looking statements relate to the future,
they are subject to inherent uncertainties, risks and changes in
circumstances that are difficult to predict and many of which are
outside of our control. Forward-looking statements are not
guarantees of future performance, and our actual results of
operations, financial condition and liquidity and development of
the industry in which the Company operates may differ materially
from those made in or suggested by the forward-looking statements.
Therefore, investors should not rely on any of these
forward-looking statements. Factors that may cause actual results
to differ materially include changes in the markets in which the
Company operates, customer demand, the financial markets, economic,
business and regulatory and other factors, such as the Company’s
ability to execute on its strategy. More detailed information about
risk factors can be found in the Company’s Annual Report on Form
10-K and the Company’s Quarterly Reports on Form 10-Q under the
heading “Risk Factors,” and in other reports filed by the Company,
including reports on Form 8-K. The Company does not undertake any
duty to update forward-looking statements after the date of this
press release.
Contacts:
InvestorsRalf EsperGateway
Group949-574-3860bnzi@gateway-grp.com
MediaTori KlimczakBLASTmedia317-806-1900 ext
banzai@blastmedia.com
Banzai (NASDAQ:BNZI)
Historical Stock Chart
From Oct 2024 to Nov 2024
Banzai (NASDAQ:BNZI)
Historical Stock Chart
From Nov 2023 to Nov 2024