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Klaviyo Raises $200 Million in Series C Funding to Accelerate Growth for Superior E-Commerce Experiences & Owned Marketing Results

PUBLIC · KVYONov 17, 2020

Amount Raised

$200 Million

Round Type

Series C

BostonOtherAdvertisingMarketing

Description

Klaviyo, a customer data and marketing platform for online businesses, today announced it has raised $200 million in Series C funding, led by Accel with participation from existing investor Summit Partners. The new financing brings Klaviyo’s total funding to date to $358.5 million. The investment will help further fuel Klaviyo’s rapid growth through R&D, hiring, increased sales, customer support and international expansion. The company also announced it has added Accel’s Ping Li to its board.

Quick answer

Klaviyo raised $200 Million in a Series C round, dated November 17, 2020. Klaviyo is based in Boston, Massachusetts, United States.

How much did Klaviyo raise?
Klaviyo raised $200 Million in a Series C round on November 17, 2020.
What does Klaviyo do?
Klaviyo (NYSE: KVYO) is the B2C CRM.
Where is Klaviyo based and how big is it?
Klaviyo is based in Boston, Massachusetts, United States. Fundz records about 2,864 employees.
Who are the decision-makers at Klaviyo?
Fundz holds 4 contacts at Klaviyo, including the Chief Product Officer Vp Of Customer Success. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Advertising and Marketing around the same time

Companies in the same sectors as Klaviyo that raised within 45 days of this round, from Fundz verified event records.

  • VidMob raised $50M on December 28, 2020.
  • Michael Waltrip Brewing raised $300K on December 30, 2020.
  • Tinuiti raised an undisclosed amount on December 2, 2020.
  • Regal.io raised $3.6M (Seed) on November 16, 2020.
  • Franklin Madison raised an undisclosed amount on October 28, 2020.
  • NYIAX raised $2.1M (Seed) on October 23, 2020.

Who to call at Klaviyo, and when

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Company Information

Company

Klaviyo

Location

125 Summer Street, Floor 6

Boston, Massachusetts, United States

About

Klaviyo (NYSE: KVYO) is the B2C CRM. Powered by its built-in data platform and AI, Klaviyo combines marketing automation, analytics, and customer service into one unified solution, making it easy for businesses to know their customers and grow faster. Klaviyo (CLAY-vee-oh) helps over 183,000 brands like Mattel, Glossier, Daily Harvest, and Liquid Death deliver 1:1 experiences at scale, improve efficiency, and drive revenue.

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Related People

4 contacts
Verified contactsConor O., Chief Product Officer Vp Of Customer Su… hidden hidden hiddenSee plans and pricing
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Klaviyo raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.