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New unicorn Brevo raises $583M to challenge CRM giants [TechCrunch]

HubSpot, Inc. (HUBS)  More Company Research Source: TechCrunch
Last hubspot, inc. earnings: 2/12 04:11 pm Check Earnings Report
US:NYSE Investor Relations: ir.hubspot.com
The startup raised €500 million in fresh equity funding ($583 million), which will fund its efforts to compete with larger players such as Hubspot and Salesforce not just in Europe, but also on their home turf in the U.S. Formerly known as Sendinblue , Brevo started out in 2012 as an email marketing solution for small businesses. The company expanded into mid-market and repositioned itself with a new name reflecting its broader product scope. That move paid off. Brevo now has more than 600,000 customers, ranging from small business owners to larger clients such as Carrefour, eBay, and H&M. The U.S. currently represents 15% of Brevo's revenue — one of its three largest markets along with France and Germany. That's not enough for CEO Armand Thiberge, who is planning to spend some of the funding on U.S. growth. “That's 50% of the global market, so it should be 50% of our revenue,” the French entrepreneur told TechCrunch. Revenue split concerns aside, the numbers are trending upwa [Read more]
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New unicorn Brevo raises $583M to challenge CRM giants [TechCrunch]

HubSpot, Inc.  (HUBS) 
More Company Research Source: TechCrunch
Last hubspot, inc. earnings: 2/12 04:11 pm Check Earnings Report
US:NYSE Investor Relations: ir.hubspot.com
The startup raised €500 million in fresh equity funding ($583 million), which will fund its efforts to compete with larger players such as Hubspot and Salesforce not just in Europe, but also on their home turf in the U.S. Formerly known as Sendinblue , Brevo started out in 2012 as an email marketing solution for small businesses. The company expanded into mid-market and repositioned itself with a new name reflecting its broader product scope. That move paid off. Brevo now has more than 600,000 customers, ranging from small business owners to larger clients such as Carrefour, eBay, and H&M. The U.S. currently represents 15% of Brevo's revenue — one of its three largest markets along with France and Germany. That's not enough for CEO Armand Thiberge, who is planning to spend some of the funding on U.S. growth. “That's 50% of the global market, so it should be 50% of our revenue,” the French entrepreneur told TechCrunch. Revenue split concerns aside, the numbers are trending upwa [Read more]
IMPACT SNAPSHOT
EVENT TIME:
HUBS
Last Price
Price Change
Price Change %
Volume Shares
Max Up
Max Down
Volume Ratio
%
Don't Miss Out On The Next BIG Stock Move
Performance comparison Updated
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
LAST PRICE
VWAP
High:
MAX UP
High:
Low:
MAX DOWN
Low:
%
 POST NEWS RANGE
%
PRICE CHANGE
PRICE CHANGE PERCENTAGE
S&P 500 (SPX)
%
 VOLUME RATIO
%
VOLUME (SHARES)
TICKS
AVG SHARES PER TRADE
EVENT DAY
Event Day Chart will not be displayed beyond 90-day period of the event
PERFORMANCE SINCE EVENT
TIME AND VELOCITY ANALYSIS