Klaviyo announces secondary offering of 6.5 million shares by Summit Partners
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Klaviyo Announces Launch of Proposed Secondary Offering of Series A Common Stock
August 13, 2025 4:40 PM EDTBOSTON--(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 shares of Series A Common Stock. The Company will not receive any proceeds from the sale of the shares being offered by the... More
