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Klaviyo Raises $345 million IPO

Company profile · Consumer & Marketplaces · Updated September 1, 2023

Klaviyo has raised $345M in IPO funding led by Various, with participation from Various (IPO). Build Klaviyo AI for predictive customer lifetime value and retention. The funds will be used to Build Klaviyo AI for predictive customer lifetime value and retention.

IPO$345 millionTotal tracked $665 millionBoston, MA

What it does

Build Klaviyo AI for predictive customer lifetime value and retention. This addresses aI email and SMS marketing for ecommerce.

Traction

AI email and SMS marketing for ecommerce The company is using its latest financing to scale, with the IPO round serving as the clearest current traction signal in the source bundle.

Trend impact

AI email and SMS marketing for ecommerce As adoption in Consumer & Marketplaces expands, focused products from Klaviyo can pressure incumbents or broader platforms that do not address the same problem directly.

Funding history

  • September 1, 2023 · IPO · $345 million · Various (IPO)
  • May 1, 2022 · Series D · $320 million · Shopify

Products & services

  • Consumer & Marketplaces workflow monitoring tied to the funding announcement
  • Customer-facing product described on the company website
  • Operational tooling for consumer & marketplaces teams
  • Data capture and reporting across core business processes
  • Team expansion support funded by the latest round
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