Press Release

Behavox Reports Strong Q2 2024 Results: Record ARR and Sustained Profitability

août 7, 2024

New York, NY — August, 2024 — Behavox, a leading provider of AI-driven compliance solutions, today announced its financial results for the second quarter of 2024, highlighting significant achievements and continued growth.
Key Financial Highlights:
  1. Annual Recurring Revenue (ARR): The company continued its strong momentum from the first quarter with 35% ARR increase YoY. The firm remains on track to achieve 40% YoY growth for 2024.
  2. Profitability: This quarter marks the third consecutive quarter of profitability for Behavox, underlining the company’s robust financial health and effective growth strategies.
  3. Customer Retention: Behavox continues to maintain a 100% customer retention rate, demonstrating the consistent value and reliability of its solutions.
Erkin Adylov, CEO of Behavox, commented: “The management team and the Board are pleased with the firm’s performance. We remain confident in our ability to maintain our current growth trajectory thanks to Behavox’s significant investments in our own large language model, as well as our strong financial position.”
Behavox continues to bring together market participants and share insights on the state of AI in financial services by hosting a growing number of events worldwide.

Fahreen Kurji, Chief Customer Intelligence Officer at Behavox, adds, « Behavox events are designed to enable the market to solve real problems and better adopt new technology. We have received positive feedback and are continuing to host value generating events in the second half of the year. »
In particular, in August and September Behavox will host the following three oversubscribed events:
For more information on Behavox events, please visit https://www.behavox.com/behavox-events/.
Share

À propos de Behavox Ltd.

Behavox est une société axée sur les informations qui utilise l’IA comportementale et l’apprentissage automatique pour protéger les entreprises des crises d’entreprise et des événements pouvant mettre fin à une société.

Behavox propose des solutions qui aident les entreprises internationales et les sociétés financières à produire des informations précieuses à partir des communications internes telles que les courriels, les messages instantanés, les médias sociaux et les données vocales. Behavox couvre plus de 150 types de données, dont Microsoft Teams, Twitter, WeChat, WhatsApp et Zoom, dans de multiples langues.

Fondée en 2014, Behavox est établie à New York et possède des bureaux à Montréal, à Londres, à San Francisco, à Seattle, à Singapour, à Tokyo, à Dallas et à Abou Dhabi. De plus amples informations sur la société se trouvent à l’adresse www.behavox.com.

Press Contact
[email protected]

Related Resources

This site uses cookies to collect analytical data. By clicking "Accept", you are agreeing to the terms lined out in our privacy policy & cookie policy.