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

Technology

Meta stock drops 10% as heightened AI spending overshadows strong third-quarter results

October 30, 2025

Meta’s CEO Mark Zuckerberg attends the Senate Judiciary Committee hearing on online child sexual exploitation at the U.S. Capitol, in Washington, U.S., January 31, 2024. Nathan Howard | Reuters Meta Platforms‘ stock dropped more than 10% Thursday as skepticism about the payoff from its aggressive artificial intelligence spending plans overshadowed strong results. The social media […]

Navan IPO lands rare one-person venture capital firm its biggest win ever, a billion payday

Technology

Navan IPO lands rare one-person venture capital firm its biggest win ever, a $1 billion payday

October 30, 2025

It wasn’t a traditional pitch meeting. There were no slides, no product demo. There wasn’t even a clear explanation of what the founders were trying to build. But for investor Oren Zeev’s decision-making process, none of that was necessary. “I just liked them, I just wanted to be close to them,” said Zeev. “So I […]

Technology

Big Tech earnings, Fed cuts rates, Trump-Xi meeting and more in Morning Squawk

October 30, 2025

Stocks on display at the Nasdaq on Sept. 10, 2025. Danielle DeVries | CNBC 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: 1. Magnificent or not? Magnificent Seven members Alphabet, Microsoft and Meta Platforms all beat […]