Braze Set to Join Russell 3000 Index

Braze, a leading comprehensive customer engagement platform that powers interactions between consumers and the brands they love, announced that the company will join the broad-market Russell 3000 Index at the conclusion of the 2023 Russell indexes annual reconstitution effective after the U.S. market opens on June 26.

The annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of April 28, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index, as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

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“We are excited to be included in the internationally recognized Russell 3000 Index”

“We are excited to be included in the internationally recognized Russell 3000 Index,” said Isabelle Winkles, Chief Financial Officer for Braze. “Our inclusion in the Russell 3000 Index will help increase awareness for Braze internationally as we continue to help the world’s best brands create brilliant customer engagement strategies that delight consumers and drive business outcomes.”

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell’s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.

Braze is a leading comprehensive customer engagement platform that powers interactions between consumers and brands they love. With Braze, global brands can ingest and process customer data in real time, orchestrate and optimize contextually relevant, cross-channel marketing campaigns and continuously evolve their customer engagement strategies. Braze has been recognized as one of Fortune’s 2022 Best US Workplaces in Technology, Fortune’s 2022 Best US Workplaces for Women, 2022 UK Best Workplaces for Women by Great Place to Work, and Fortune’s 2022 Best US Workplace for Millennials.

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