Data and marketing automation company Klaviyo on Friday became the latest tech company to try to join the public markets.
⦁ Has applied to list Series A common stock on the New York Stock Exchange under the symbol
"KVYO".
⦁ Goldman Sachs & Co. LLC, Morgan Stanley, and Citigroup are acting as lead book runners for the proposed offering. Barclays, Mizuho, and William Blair, are acting as joint book runners, Piper Sandler and Truist Securities are additionally acting as book runners, and Baird, Canaccord Genuity, Needham & Company, and TD Cowen are acting as co-managers.
Marketing automation company Klaviyo became the latest tech company to try to join the public markets, after Instacart and Arm submitted IPO filings.
Klaviyo got its start in the e-commerce industry, helping businesses better target their email and text message marketing to shoppers.
One of its biggest backers and sources of business is Canadian e-commerce giant Shopify.
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