Vendor

Klaviyo

Boston skyline across the harbor
Photo: Boston Skyline from Boston Harbor (53825694566) by Ethan Long, CC BY-SA 2.0, via Wikimedia Commons
Headquarters
Boston, Massachusetts, USA
Founded
2012
Ticker
NYSE:KVYO

Klaviyo describes itself as an AI-first CRM built for business-to-consumer brands, combining marketing automation, analytics and customer service in one product. It was founded in 2012 by Andrew Bialecki and Ed Hallen and is headquartered in Boston, Massachusetts.

Scale, as the company states it

  • More than 205,000 paying customers in over 100 countries.
  • More than 2,000 employees.
  • More than 2 billion events processed a day and more than 7 billion customer profiles.

Klaviyo says it built the product because consumer brands held large amounts of customer data but lacked the technology to use it for personalization and growth.

Public company

Klaviyo priced its initial public offering at $30 a share on September 19, 2023 and began trading on the New York Stock Exchange as KVYO the next day; see the timeline entry for the figures.

Latest coverage

Sources

  1. Klaviyo: About (opens in a new tab) Primary source
  2. CNBC: Klaviyo rises 9% in muted NYSE debut after software vendor priced IPO at $30 a share (opens in a new tab) News report ·

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