SCHEDULE: Battery Ventures Adjusts Braze Stake

Battery Ventures entities have updated their beneficial ownership filings for Braze, Inc., reporting changes in their holdings as of June 30, 2026.

Summary

• This filing is an amendment to a Schedule 13G, reporting changes in beneficial ownership of Braze, Inc. Class A Common Stock by various Battery Ventures entities and individuals.
• The reporting date for these ownership changes is June 30, 2026.
• The filing details the aggregate number of shares and percentage of class beneficially owned by each reporting person, including entities like Battery Ventures XI-A, L.P., Battery Ventures XI-B, L.P., and individuals such as Neeraj Agrawal and Michael M. Brown.
• The total outstanding shares of Class A common stock as of May 20, 2026, were reported as 112,631,669.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this filing as neutral, as it primarily reports changes in beneficial ownership without providing new operational or financial performance data.

Positives

• The filing provides transparency regarding significant ownership stakes in Braze, Inc.
• The reporting entities are established investment firms and individuals with a history of managing substantial portfolios.

Negatives

• The filing does not contain any financial performance data or operational updates for Braze, Inc.

Risks

• Concentration of ownership among a few reporting entities could potentially influence corporate decisions, though the filing explicitly states they do not form a 'group'.

Future Outlook

This filing does not contain any forward-looking statements or guidance regarding Braze, Inc.'s future performance.

Industry Context

StockSavvy.ai notes that Schedule 13G filings are routine for large institutional investors and venture capital firms to report changes in their holdings. This update from Battery Ventures indicates ongoing management of their investment portfolio in Braze, Inc., a company operating in the customer engagement and marketing technology sector.

Stakeholder Impact

• Shareholders: Increased transparency on major ownership stakes, potentially influencing market perception. The explicit disclaimer of forming a 'group' aims to mitigate concerns about coordinated action.

Next Steps

• Continued monitoring of Battery Ventures' ownership levels in Braze, Inc. for any further significant changes.

Key Dates

Keywords

Braze, Battery Ventures, Schedule 13G, Beneficial Ownership, Class A Common Stock, Investment Funds, Venture Capital