Klaviyo Raises $320M in Series D Funding

Funding Rounds

Summary

The company intends to use the funds to further its growth through product development, increased marketing and sales, hiring, and expansion into new international regions and verticals. Klaviyo plans to use the latest funding to further its growth through product development, increased marketing and sales, hiring, and expansion into new international regions and verticals. Klaviyo is a marketing automation platform dedicated to accelerating revenue and customer connection for online businesses. The platform makes it easy to store, access, analyze and use transactional and behavioral data to power highly-targeted customer and prospect communications. It is used by over 265,000 innovative companies like Unilever, Custom Ink, Living Proof and Huckberry.

$ Funding

$
Amount $320.0M Total raised
Date May 18, 2021 Announcement date
Investors - Lead investors
Company http://www.klaviyo.com Funded company

Classifications

industries
Retail
applications
AI & Machine learning

AskAI Classifications

Labels
SaaS Marketing Automation Software Customer Data Platform

Linked Companies

Klaviyo
$1M to $5M