Klaviyo selling prices IPO earlier mentioned variety to elevate $576 million: Reuters

Klaviyo selling prices IPO earlier mentioned variety to elevate 6 million: Reuters

Andrew Bialecki, CEO and co-founder of Klaviyo, poses for a portrait in Boston on Sep. 5, 2019.

Barry Chin | Boston World | Getty Visuals

Advertising and marketing automation company Klaviyo Inc priced its initial general public supplying (IPO) on Tuesday earlier mentioned its indicated selling price variety to elevate $576 million, according to men and women common with the subject.

Klaviyo priced 19.2 million shares at $30 apiece, the sources informed Reuters. The organization revised its indicated IPO price vary from $25-27 per share to $27-$29 for every share on Monday.

At $30 per share, Klaviyo is really worth about $9.2 billion on a entirely diluted basis, according to Reuters.

Klaviyo declined to remark.

Resource

Softbank has fully funded billion investment in OpenAI, sources tell CNBC

Technology

Softbank has fully funded $40 billion investment in OpenAI, sources tell CNBC

December 30, 2025

Softbank has completed its $40 billion investment commitment to OpenAI, sources told CNBC’s David Faber. The Japanese investment giant sent over a final $22 billion to $22.5 billion investment last week, according to the sourced familiar with the matter. Softbank had previously had syndicated $10 billion and invested $8 billion in the ChatGPT maker. CNBC […]

Technology

Silver’s big swing, another AI acquisition for Meta, GM’s banner year and more in Morning Squawk

December 30, 2025

A selection of one kilogram silver bars at Conclude Zrt bullion dealer arranged in Budapest, Hungary, on Monday, Feb. 17, 2025. Akos Stiller | Bloomberg | Getty Images This is CNBC’s Morning Squawk newsletter. Subscribe here to receive future editions in your inbox. Here are five key things investors need to know to start the trading day: […]

Technology

Meta acquires intelligent agent firm Manus, capping year of aggressive AI moves

December 30, 2025

The logo of Meta is seen at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France, on June 11, 2025. Gonzalo Fuentes | Reuters Meta Platforms said Tuesday that it has acquired Manus, a Singapore-based developer of general-purpose AI agents, as the tech giant continues its […]