Klaviyo was founded in 2012 by Andrew Bialecki and Ed Hallen. In April 2023, news outlets reported that the company had hired Goldman Sachs to underwrite a public listing that could take place before the end of the year. At the time of the reports, Klaviyo did not comment.

Klaviyo is a customer engagement platform that collects data and uses it to craft personalized email and SMS marketing messages. The data that Klaviyo collects stays internal, eliminating concerns about third-party data access. As e-commerce adoption continued to expand rapidly throughout 2020, the company doubled its customer base across its free and subscription-based service options. Klaviyo has raised $775 million in venture capital funding from Sands Capital, Owl Rock Capital, Morgan Stanley, Lone Pine Capital, Accel, and Summit Partners. A $320 million Series D round doubled the company's valuation to $9.5 billion as of May 2021.

These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

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What is Klaviyo's ticker symbol?

KVYO

What is Klaviyo's stock price?

31.06 as of 11/29/23

Who are Klaviyo's major investors?

Lone Pine Capital
Cross Creek
Summit Partners
Shopify
Harmony Partners
Greenoaks Capital Partners
Sands Capital

Learn more about Klaviyo

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What is Klaviyo funding to date?

Klaviyo has raised $358.5MM to date.
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When was Klaviyo founded?

Klaviyo was founded in 2012.
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What is Klaviyo used for?

Klaviyo is a growth marketing platform that helps users deliver more personalized experiences across owned marketing channels like email, SMS, in-app notifications, and web.

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Who uses Klaviyo?

Klaviyo has a close partnership with Shopify, and Shopify merchants and other ecommerce companies use Klaviyo for data-driven marketing.

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What type of company is Klaviyo?

Klaviyo is an ecommerce B2B CRM.

Updated on: Nov 15, 2023

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