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Klaviyo Priced, NYSE: KVYO

Provides a software platform that automates digital marketing campaigns.

Industry: Technology

Latest Trade: $23.52 0.00 (0.0%)

First Day Return: +9.2%

Return from IPO: -21.6%

Industry: Technology

We founded Klaviyo in 2012 to provide businesses of all sizes with powerful technology that captures, stores, analyzes, and predictively uses their own data to drive measurable, high-value outcomes. Klaviyo enables businesses to drive revenue growth by making it easy to bring their first-party data together and use it to create and deliver highly personalized consumer experiences across digital channels. Our modern and intuitive SaaS platform combines our proprietary data and application layers into one vertically-integrated solution with advanced machine learning and artificial intelligence capabilities. By combining easy implementation, rapid time-to-value, and clearly attributable outcomes, which we measure and refer to as KAV, we drive substantial ROI for our customers. We focused on marketing automation within retail and eCommerce as our first application use case, and we believe our software is highly extensible across a broad range of functions and verticals. As of June 30, 2023, our platform had efficiently scaled to over 130,000 customers, and in 2022 we delivered over $37 billion of KAV to our customers.
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IPO Data
IPO File Date 08/25/2023
Offer Price $30.00
Price Range $27.00 - $29.00
Offer Shares (mm) 19.2
Deal Size ($mm) $576
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 09/19/2023
Offer Price $30.00
Price Range $27.00 - $29.00
Offer Shares (mm) 19.2
Deal Size ($mm) $576
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
Morgan Stanley
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Company Data
Headquarters Boston, MA, United States
Founded 2012
Employees 1,548
Website www.klaviyo.com

Klaviyo (KVYO) Performance