SCHEDULE 13G/A 0001104659-22-023168 0001665603 XXXXXXXX LIVE 3 Class A Common Stock, $0.0001 par value per share 12/31/2024 0001676238 BRAZE, INC. 10576N102 330 WEST 34TH STREET, FLOOR 18 NEW YORK NY 10001 Rule 13d-1(d) Battery Ventures XI-A, L.P. b DE 0.00 3416957.00 0.00 3416957.00 3416957.00 3.8 PN Battery Ventures XI-B, L.P. b DE 0.00 902833.00 0.00 902833.00 902833.00 1.0 PN Battery Ventures XI-A Side Fund, L.P. b DE 0.00 3550009.00 0.00 3550009.00 3550009.00 3.9 PN Battery Ventures XI-B Side Fund, L.P. b DE 0.00 769781.00 0.00 769781.00 769781.00 0.9 PN Battery Investment Partners XI, LLC a DE 0.00 158370.00 0.00 158370.00 158370.00 0.2 OO Battery Partners XI, LLC b DE 0.00 4478160.00 0.00 4478160.00 4478160.00 4.9 OO Battery Partners XI Side Fund, LLC b DE 0.00 4319790.00 0.00 4319790.00 4319790.00 4.7 OO Battery Ventures Select Fund I, L.P. b DE 0.00 2537467.00 0.00 2537467.00 2537467.00 2.9 PN Battery Partners Select Fund I, L.P. b DE 2537467.00 2537467.00 2537467.00 2.9 PN Battery Investment Partners Select Fund I, L.P. b DE 0.00 250958.00 0.00 250958.00 250958.00 0.3 PN Battery Partners Select Fund I GP, LLC b DE 0.00 2788425.00 0.00 2788425.00 2788425.00 3.1 OO Neeraj Agrawal b X1 283525.00 11586375.00 283525.00 11586375.00 11869900.00 12.2 IN Michael M. Brown b X1 225315.00 11586375.00 225315.00 11586375.00 11811690.00 12.1 IN Morad Elhafed b X1 62702.00 2788425.00 62702.00 2788425.00 2851127.00 3.2 IN Jesse Feldman b X1 254039.00 11586375.00 254039.00 11586375.00 11840414.00 12.2 IN Russell L. Fleischer b X1 132146.00 11586375.00 132146.00 11586375.00 11718521.00 12.0 IN Roger H. Lee b X1 214128.00 11586375.00 214128.00 11586375.00 11800503.00 12.1 IN Chelsea R. Stoner b X1 204293.00 11586375.00 204293.00 11586375.00 11790668.00 12.1 IN Dharmesh Thakker b X1 112333.00 11586375.00 112333.00 11586375.00 11698708.00 12.0 IN Scott R. Tobin b X1 225313.00 11586375.00 225313.00 11586375.00 11811688.00 12.1 IN BRAZE, INC. 330 WEST 34TH STREET, FLOOR 18, NEW YORK, NY, 10001. The names of the persons filing this report (collectively, the "Reporting Persons") are: Battery Ventures XI-A, L.P. ("BV11-A") Battery Ventures XI-B, L.P. ("BV11-B") Battery Ventures XI-A Side Fund, L.P. ("BV11-A SF") Battery Ventures XI-B Side Fund, L.P. ("BV11-B SF") Battery Investment Partners XI, LLC ("BIP11") Battery Partners XI, LLC ("BP11") Battery Partners XI Side Fund, LLC ("BP11SF") Battery Ventures Select Fund I, L.P. ("BV Select I") Battery Partners Select Fund I, L.P. ("BP Select I") Battery Investment Partners Select Fund I, L.P. ("BIP Select I") Battery Partners Select Fund I GP, LLC ("BP Select I GP") Neeraj Agrawal ("Agrawal") Michael M. Brown ("Brown") Morad Elhafed ("Elhafed") Jesse Feldman ("Feldman") Russel L. Fleischer ("Fleischer") Roger H. Lee ("Lee") Chelsea R. Stoner ("Stoner") Dharmesh Thakker ("Thakker") Scott R. Tobin ("Tobin") The Reporting Persons expressly disclaim status as a "group" for purposes of this Schedule 13G. Battery Ventures One Marina Park Drive Suite 1100 Boston, MA 02210 BV11-A Delaware BV11-B Delaware BV-11A SF Delaware BV-11B SF Delaware BIP11 Delaware BP11 Delaware BP11SF Delaware BV Select I Delaware BP Select I Delaware BIP Select I Delaware BP Select I GP Delaware Agrawal United States Brown United States Elhafed United States Feldman United States Fleischer United States Lee United States Stoner United States Thakker United States Tobin United States Y Row 9 of each Reporting Person's cover page to this Schedule 13G sets forth the aggregate number of shares of securities of the Issuer beneficially owned by such Reporting Person as of December 31, 2024 and is incorporated by reference. The Reporting Persons' beneficial ownership of the Issuer's Common Stock consists of (i) 91,320 shares of Class A common stock and 3,325,637 shares of Class A common stock issuable upon conversion of 3,325,637 shares of Class B common stock held directly by BV11-A; (ii) 24,128 shares of Class A common stock and 878,705 shares of Class A common stock issuable upon conversion of 878,705 shares of Class B common stock held directly by BV11-B; (iii) 94,873 shares of Class A common stock and 3,455,136 shares of Class A common stock issuable upon conversion of 3,455,136 shares of Class B common stock held directly by BV11-A SF; (iv) 20,575 shares of Class A common stock and 749,206 shares of Class A common stock issuable upon conversion of 749,206 shares of Class B common stock held directly by BV11-B SF; (v) 4,233 shares of Class A common stock and 154,137 shares of Class A common stock issuable upon conversion of 154,137 shares of Class B common stock held directly by BIP11; (vi) 1,395,750 shares of Class A common stock and 1,141,717 shares of Class A common stock issuable upon conversion of 1,141,717 shares of Class B common stock held directly by BV Select I; (vii) 29,250 shares of Class A common stock and 221,708 shares of Class A common stock issuable upon conversion of 221,708 shares of Class B common stock held directly by BIP Select I; (viii) 283,525 shares of Class A common stock held by Agrawal; (ix) 225,315 shares of Class A common stock held by Brown; (x) 62,702 shares of Class A common stock held by Elhafed; (xi) 254,039 shares of Class A common stock held by Feldman; (xii) 132,146 shares of Class A common stock held by Fleischer; (xiii) 214,128 shares of Class A common stock held by Lee; (xiv) 204,293 shares of Class A common stock held by Stoner; (xv) 112,333 shares of Class A common stock held by Thakker; and (xvi) 225,313 shares of Class A common stock held by Tobin. BP11 is the general partner of each of BV11-A and BV11-B and the managing member of BIP11. BP11SF is the general partner of each BV11-A SF and BV11-B SF. BP Select I is the general partner of BV Select I. BP Select I GP is the general partner of BP Select I and BIP Select I. Agrawal, Brown, Feldman, Fleischer, Lee, Stoner, Thakker and Tobin (collectively the "BV Managing Members" ), as managing members of each of BP11 and BP11SF, share voting and investment authority over the shares held by each of BV11-A, BV11-B, BIP11, BV11-A SF, and BV11-B SF. The BV Managing Members and Elhafed, as managing members of BP Select I GP, share voting and investment authority over the shares held by each of BV Select I and BIP Select I. Row 11 of each Reporting Person's cover page to this Schedule 13G sets forth the percentages of the shares of securities of the Issuer beneficially owned by such Reporting Person as of December 31, 2024 and is incorporated by reference. The percentage set forth in each row 11 is based upon 87,467,590 shares of Class A common stock outstanding as of December 2, 2024, as reported in the Issuer's Quarterly Report on Form 10-Q filed with the Securities and Exchange Commission (the "SEC") on December 10, 2024, in each case, adjusted in accordance with rules of the SEC, to give effect to the full conversion of Class B common stock beneficially owned by such Reporting Person. Row 5 of each Reporting Person's cover page to this Schedule 13G sets forth the sole power to vote or to direct the vote of securities of the Issuer beneficially owned by such Reporting Person as of December 31, 2024 and is incorporated by reference. Row 6 of each Reporting Person's cover page to this Schedule 13G sets forth the shared power to vote or to direct the vote of securities of the Issuer beneficially owned by such Reporting Person as of December 31, 2024 and is incorporated by reference. Row 7 of each Reporting Person's cover page to this Schedule 13G sets forth the sole power to dispose or to direct the disposition of securities of the Issuer beneficially owned by such Reporting Person as of December 31, 2024 and is incorporated by reference. Row 8 of each Reporting Person's cover page to this Schedule 13G sets forth the shared power to dispose or to direct the disposition of securities of the Issuer beneficially owned by such Reporting Person as of December 31, 2024 and is incorporated by reference. Y Y Y Y Y Y Exhibit 99.1 Joint Filing Agreement Battery Ventures XI-A, L.P. /s/ Christopher Schiavo 02/14/2024 Battery Ventures XI-B, L.P. /s/ Christopher Schiavo 02/14/2024 Battery Ventures XI-A Side Fund, L.P. /s/ Christopher Schiavo 02/14/2024 Battery Ventures XI-B Side Fund, L.P. /s/ Christopher Schiavo 02/14/2024 Battery Investment Partners XI, LLC /s/ Christopher Schiavo 02/14/2024 Battery Partners XI, LLC /s/ Christopher Schiavo 02/14/2024 Battery Partners XI Side Fund, LLC /s/ Christopher Schiavo 02/14/2024 Battery Ventures Select Fund I, L.P. /s/ Christopher Schiavo 02/14/2024 Battery Partners Select Fund I, L.P. /s/ Christopher Schiavo 02/14/2024 Battery Investment Partners Select Fund I, L.P. /s/ Christopher Schiavo 02/14/2024 Battery Partners Select Fund I GP, LLC /s/ Christopher Schiavo 02/14/2024 Neeraj Agrawal /s/ Christopher Schiavo 02/14/2024 Michael M. Brown /s/ Christopher Schiavo 02/14/2024 Morad Elhafed /s/ Christopher Schiavo 02/14/2024 Jesse Feldman /s/ Christopher Schiavo 02/14/2024 Russell L. Fleischer /s/ Christopher Schiavo 02/14/2024 Roger H. Lee /s/ Christopher Schiavo 02/14/2024 Chelsea R. Stoner /s/ Christopher Schiavo 02/14/2024 Dharmesh Thakker /s/ Christopher Schiavo 02/14/2024 Scott R. Tobin /s/ Christopher Schiavo 02/14/2024