Klaviyo has filed to go public with hopes of helping online businesses better attract consumers in a sea of spam, unreliable data and privacy regulations.
As the backlog of software IPOs builds up, the digital marketing software-as-a-service platform Klaviyo has filed to go public, with hopes of helping online businesses better attract consumers in a sea of spam, unreliable data and privacy regulations.
Klaviyo’s debut would be the first software IPO in some time, Luria said, and that debut would follow a strong year financially for the company so far, including a recent turn toward profitability. The company this week set terms for its IPO, with plans to offer 19.2 million shares it hopes will price between $25 and $27 each, potentially raising up to $310.7 million with a valuation of as much as $6.8 billion.
Klaviyo wants to clean up the consumer-data mess Either way, Klaviyo suggests, businesses have a whole mess of data to sort through. That data, it said, is often difficult to decipher. “Combining our data layer and application layer into one vertically integrated platform allows our customers to rapidly segment their consumers, easily create highly-personalized experiences and automatically send messages customized to their unique brands,” the IPO filing says. “This integrated approach also means our customers do not have to pre-configure their data or manage complex integrations.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Goldman Sachs is in the spotlight as tech firms Arm and Instacart test IPO marketThe drought in tech IPOs the past 18 months is about to break — and it’s a key moment for leading advisor Goldman Sachs.
Weiterlesen »
Arm Stock Gets Its First Buy Rating Even Before the IPONewStreet Research sets a Buy rating and $59 target price on shares of chip-design house Arm, which is set for an initial public offering on Thursday.
Weiterlesen »
Arm IPO: Separating the hype from the realityArm Holding’s IPO is set to be the biggest initial public offering since EV maker Rivian went public in 2021.
Weiterlesen »
After Birkenstock's ‘Barbie' bump, iconic footwear brand seeks a big part in IPO marketIconic footwear brand Birkenstock is planning to go public at a time when tech IPOs including Arm and Instacart are hoping to give the IPO market a jolt.
Weiterlesen »
Arm prices IPO at $52 per shareChip designer Arm priced its IPO on Wednesday.
Weiterlesen »