Klaviyo

Klaviyo
Klaviyo
  • Headquarters

    Boston, MA
  • Founded

    2012
  • CEO / Founder

    Andrew Bialecki
  • Employees

    1001-5000
  • Funding

    Public
  • Stock

    KVYO
  • Products

    1 product listed
  • Avg. AI Score

    7.7/10

Profile updated

Products
1
Avg AI Score
7.7/10
Founded
2012
Funding
$675M
About Klaviyo

Klaviyo is a marketing automation and customer data platform founded in 2012 in Boston by Andrew Bialecki and Ed Hallen. The platform combines email, SMS, mobile push, and reviews with a built-in customer data platform aimed primarily at e-commerce brands.

Klaviyo serves more than 167,000 customers including Chubbies, Living Proof, and Nomad. It is tightly integrated with Shopify, which holds a significant equity stake.

Klaviyo went public on the NYSE in September 2023 (KVYO). Andrew Bialecki continues as CEO. The company generates over $1 billion in annual revenue.

Specialties
Email MarketingSMS MarketingCustomer Data PlatformE-Commerce MarketingMarketing Automation
Financials

Dated, source-cited figures. Estimates are marked.

Valuationest.
$9.2B
cnbc.com
Total Raised
$675M
prnewswire.com
Valuation over time
$4.2B(Nov 17, 2020, est.)$9.2B(May 18, 2021)$9.5B(July 2022, est.)$9.2B(Sep 20, 2023, est.)
Products by Klaviyo

All products by Klaviyo reviewed by our AI panel of experts.

How Our Review Panel Scores Klaviyo

Six independent reviewer personalities assessed Klaviyo's product on their own terms. They disagreed by 3.9 points — The Skeptic was the hardest to convince, The Decision Maker the most positive.

The Decision Maker
8.4
The Domain Strategist
8.4
The Domain Practitioner
8.2
The Finance Lead
7.5
The Power User
7.5
The Skeptic
4.5

Averaged across 1 reviewed product in our catalog. Scores are out of 10.

Competitive Landscape

Who Klaviyo competes with, and how they differ.

Company Timeline

Key milestones in Klaviyo's history, with sources.

  1. Acquisition

    Acquired Agency, Elias Torres named Chief Product Officer

    Klaviyo agreed to acquire the team and technology of Agency, an AI-native customer-success startup led by co-founder Elias Torres (also a Drift co-founder), who joins as Chief Product Officer to lead Klaviyo's AI agent products.

    techcrunch.com
  2. Acquisition

    Acquired Gatsby for social commerce automation

    Klaviyo acquired Gatsby, a social automation product that converts brand engagement on social channels into owned email/SMS customer relationships.

    martech.org
  3. Milestone

    IPO on NYSE (KVYO)

    Klaviyo priced its IPO at $30/share, above the expected range, and shares rose about 23% on debut, valuing the company at roughly $9.2 billion.

    cnbc.com
  4. Funding

    Series D — $320M led by Sands Capital at $9.15B valuation

    Klaviyo raised $320 million in a Series D round led by Sands Capital, valuing the company at $9.15 billion pre-money and bringing total funding to over $675 million.

    prnewswire.com
  5. Funding

    Series C — $200M led by Accel at $4.15B valuation

    Klaviyo raised $200 million in a Series C round led by Accel with participation from Summit Partners, valuing the company at $4.15 billion.

    techcrunch.com
  6. Funding

    Series B — $150M entirely from Summit Partners

    Klaviyo raised $150 million in Series B funding, the entire round coming from Summit Partners, after building the company profitably without outside capital for its first several years.

    techcrunch.com
  7. Founded

    Founded by Bialecki and Hallen

    Klaviyo was founded in 2012 by Andrew Bialecki and Ed Hallen in Boston, building email/SMS marketing automation for e-commerce brands.

    forbes.com

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