Klaviyo Announces Launch of Proposed Secondary Offering of Series A Common Stock

BOSTON--(BUSINESS WIRE)--Klaviyo, Inc. (the “Company”) (NYSE: KVYO), the only CRM built for B2C brands, today announced the commencement of an underwritten public offering (the “offering”) of 6,500,000 shares of its Series A common stock, par value $0.001 per share (the “Series A Common Stock”), by entities affiliated with Summit Partners, L.P. (the “Selling Stockholders”). The Selling Stockholders also expect to grant the underwriter a 30-day option to purchase up to an additional 975,000 shar