Company type | Public |
---|---|
NYSE: KVYO | |
Industry | Marketing SaaS |
Founded | 2012 |
Founders |
|
Headquarters | Boston, Massachusetts, United States |
Key people | Andrew Bialecki (CEO) |
Products | email marketing, sms marketing,[1] product reviews,[2] CDP[3] |
Revenue | US$698 million (2023) |
−US$331 million (2023) | |
−US$308 million (2023) | |
Total assets | US$1.09 billion (2023) |
Total equity | US$915 million (2023) |
Owners |
|
Number of employees | 1,815 (2023) |
Website | klaviyo |
Footnotes / references [4][5] |
Klaviyo, Inc. is a global 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 [7] merchants who use Klaviyo's software are e-commerce sellers who host their offerings on Shopify.[8]
The company was founded in 2012 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 May 2023, Klaviyo filed for an initial public offering (IPO) for a listing at the New York Stock Exchange.[8][12] In September, the company went public, raising $576 million in the IPO at a $9.2 billion valuation.[13][14]
In June 2023, Klaviyo partnered with e-commerce platform Prestashop with the launch of Prestashop Automation with Klaviyo [15][16]
The Klaviyo platform primarily integrates with e-commerce platforms, such as Shopify, Magento, BigCommerce, Stripe, and WooCommerce.[17]
In addition to its e-commerce platform integrations, users can integrate other tools from their tech stacks like Zendesk, Okendo [18] and Salesforce, directly to Klaviyo, or use an API solution when an integration needs to be customized.[19]
In 2023, Klaviyo was ranked at 6 in Forbes' Cloud 100, a ranking of 100 private cloud companies.[20]
In 2023, Klaviyo was ranked amongst the top 600 workplaces in the US.[21]
In 2024, Klaviyo was placed 17 in the top 50 workplaces in the UK ('large companies').[22]