Klaviyo: From Bootstrapped Beginnings to IPO

October 20, 2023
Company Profiles
Financial Services

Klaviyo – the company that powers smarter digital relationships and makes it easy for businesses to capture, store, analyze, and predictively use their own data to drive measurable, high-value outcomes – began trading on the New York Stock Exchange under the ticker symbol KVYO on September 20, 2023. This represents a significant milestone in a growth journey that began over a decade ago – a journey that Summit has supported since leading Klaviyo's Series B financing in 2019.

Recognizing the growing importance of data-driven solutions to help businesses of all sizes understand consumer behavior and connect with customers and prospects, Summit identified Klaviyo as a leader in a rapidly evolving landscape of marketing technology and commerce enablement solutions. We believed the company shared the attributes we see in many of the most successful growth businesses – an uncompromising commitment to the customer, a strong product-market fit, and a relentless focus on cash-efficient growth.

Read more about Klaviyo's journey from bootstrapped beginnings to IPO >>

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