As the world continues to embrace Artificial Intelligence, one little-known tech company called Banzai International, Inc. (NASDAQ: BNZI) may emerge as the next leader in AI technology.
Not long-ago billionaire investor Mark Cuban said, "There's going to be two types of companies in this world: Those who are great at AI, and everybody else that they put out of business." Tech giants like Nvidia are ramping up AI efforts making it evident that this is an arena to keep a close eye on.
Now is a great time to have your eyes on tiny NASDAQ firm Banzai International, Inc. (NASDAQ: BNZI), a company with a vision to build an AI-powered marketing technology platform to help businesses of all sizes grow. BNZI's technology is already being embraced by huge customers like Cisco, New York Life, Hewlett Packard Enterprise, Thermo Fisher Scientific, Thinkific, Doodle and ActiveCampaign, among thousands of others!
BNZI is blowing it out of the water with revenue. The company recently revealed that preliminary unaudited revenue is expected to be $17.5 million for the year ended December 31, 2024, on a pro-forma basis including full year revenue for the recently closed acquisitions of Vidello and OpenReel.
This is an increase of 285% from the prior year, and exceeds the top end of the Company's previously announced guidance of $10 million for the full year of 2024 by 75%!
The company had acquired mission-critical MarTech products like OpenReel that allows it to drive customer growth by offering new solutions to existing customers to create long-term value for its shareholders. Open Reel is trusted by a wide range of customers from small businesses to Fortune 500! Next to OpenReel, BNZI doubled down and acquired Vidello, which has over 90,000 customers. Vidello's flagship CreateStudio product has been named a Top 3 Best Rated product in the video maker category by Capterra, and a High Performer by G2. The Company continues to make progress toward closing the acquisition of Act-On Software, Inc. The definitive agreement for the acquisition was previously announced on January 23, 2025.
Discover why BNZI is poised to become a recognized name in AI while creating long lasting value for shareholders.
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