Brevo Raises $583M, Aims to Become U.S. Market Leader

Brevo, a Paris-based CRM company, has become a unicorn, valued over $1B, after raising $583M. This investment will help them compete with Hubspot and Salesforce in Europe and the US. Starting as an email marketing tool in 2012, Brevo now serves 600K customers, including Carrefour, eBay, and H&M. CEO Armand Thiberge aims to make the US their top market, allocating a significant portion of the funding towards this goal. Brevo has surpassed revenue targets and plans to invest $50M in AI over five years, continuing their growth strategy through acquisitions.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.