Klaviyo was founded in 2012 by Andrew Bialecki and Ed Hallen. According to TechCrunch in September 2023, “Klaviyo, a Boston-based marketing automation company, priced its IPO at $30 per share, $1 above its previous price range, which it had raised recently."
Klaviyo is a customer engagement platform that collects data and uses it to craft personalized email and SMS marketing messages. Per Forge data, Klaviyo raised $778.5 million in funding over 8 rounds. Their latest funding was raised on Sep 13, 2022. Key investors include Sands Capital Ventures, Shopify, Summit Partners, Accel, and Astral Capital.
These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.
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.
Klaviyo has a close partnership with Shopify, and Shopify merchants and other ecommerce companies use Klaviyo for data-driven marketing.
Klaviyo is an ecommerce B2B CRM.