Klaviyo, Inc.

Klaviyo, Inc. (KVYO) priced its initial public offering on Sep 20, 2023 at $30.00 per share, above its $27.00–$29.00 range, raising $576M, and listed on NYSE. At the IPO price its market capitalization was about $7.56B. Goldman Sachs was lead-left underwriter, joined by Morgan Stanley, Citigroup and Barclays and others. Goodwin Procter advised the company and Sidley Austin advised the underwriters.

Status

IPO

Ticker

KVYO

Exchange

NYSE

Priced

Sep 20, 2023

IPO price

$30.00

Price range

$27.00–$29.00

Raised

$576M

Market cap at IPO price

$7.56B

First filed

Aug 25, 2023

Underwriters

Goldman Sachs, Morgan Stanley, Citigroup, Barclays, Mizuho, William Blair, Piper Sandler, Truist, Baird, Canaccord Genuity, Needham and TD Cowen

Company counsel

Goodwin Procter

Underwriters' counsel

Sidley Austin

Sector

Technology

Country / state

MA

Market cap at IPO price = shares outstanding after the offering (all classes, before the over-allotment option) × the IPO price, from the final prospectus.