Klaviyo

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Company typePublic
Founded2012; 14 years ago (2012)
Klaviyo, Inc.
Company typePublic
NYSE: KVYO
IndustryMarketing Automation
Founded2012; 14 years ago (2012)
Founders
  • Andrew Bialecki
  • Ed Hallen
Headquarters
Boston, Massachusetts
,
Area served
Worldwide
Key people
Andrew Bialecki (CEO)
Productsemail marketing, sms marketing,[1] product reviews,[2] CDP[3]
RevenueIncrease US$698 million (2023)
DecreaseUS$331 million (2023)
DecreaseUS$308 million (2023)
Total assetsIncrease US$1.09 billion (2023)
Total equityIncrease US$915 million (2023)
Owners
Number of employees
1,815 (2023)
Websiteklaviyo.com
Footnotes / references
[4][5]

Klaviyo is an American technology company that provides a marketing automation platform, used primarily for email marketing and SMS marketing.

The company is headquartered in Boston, Massachusetts, United States.[6] A majority of the approximately 143,000 merchants who use Klaviyo's software are e-commerce sellers who host their offerings on Shopify.[7][8]

The company was founded in 2013 by Andrew Bialecki and Ed Hallen.[9] Both Bialecki and Hallen had previously worked at Applied Predictive Technologies.[8]

In August 2022, e-commerce company Shopify announced it was making Klaviyo the recommended email solution partner for its Shopify Plus merchant platform, with a US$100,000,000 strategic investment into the company.[10][11]

In November 2022, Klaviyo announced its first acquisition, code development firm Napkin.io.[12]

In April 2023, Klaviyo filed for an initial public offering (IPO) for a listing at the New York Stock Exchange.[8][13] In September, the company went public, raising $576 million in the IPO at a $9.2 billion valuation.[14][15]

In June 2023, Klaviyo partnered with e-commerce platform Prestashop with the launch of Prestashop Automation with Klaviyo [16][17]

In 2024, the Klaviyo Marketing Platform was localised into six non-English languages, French,[18] German, Spanish, Italian, Korean and Brazilian Portuguese.[19]

Software and services

See also

References

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