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The software provider also expects sales to increase by 14% in 2023. In Mar 2022, Box forecasted annual revenue growth of around 17%by 2025. Its services simplify workflows for leading organizations globally, including JLL, AstraZeneca, and Morgan Stanley. The company offers free service for individuals andfour tiers: Starter, Business, Business Plus, and Enterprise. īox expanded its platform and cloud services through strategic acquisitions, including Butter AI Corporation in Jun 2018.
In fiscal year 2022, Box’s revenue increased by 13% to $874.3 million. The platform integrates with more than 1,500 business applications from Microsoft, IBM, Apple, Google, Slack, and Adobe. Based in Redwood City, California, Box went public in Jan 2015 and surpassed 70 million registered users five years later. The company was founded in 2005 by Aaron Levie and Dylan Smith. Box Inc.is a software-as-a-service (SaaS) company that provides cloud-based collaboration, file sharing, content management, and workflow tools for businesses.
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