Companies · AI / ML

Klaviyo, Inc.

BOSTON · AI / ML · refined from filed group “Other · https://www.klaviyo.com/

Diligence memoA one-page analyst read on Klaviyo, Inc. — recommendation, valuation, rhythm, risks.
$621.0M
Total raised · real
3
Rounds
0.3×
Latest step-up
Top 2%
Sector rank · raised
Series D+
Latest stage · inferred · Tue Jul 26 2022 00:00:00 GMT+0000 (Coordinated Universal Time)

Klaviyo, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the ai/ml sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Under-valued
  • Modeled value is 0.65× the median modeled value of Series D+ AI / ML companies in 2022–2024 (11 peers) — value vs value, same stage and era.
At-risk
  • Last raise 3.9 yr ago; this sector typically re-raises about every 11 months.
  • Past due for a raise versus sector cadence — watch for distress or a bridge.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in AI / ML

Klaviyo, Inc. is one of 2067 AI / ML companies tracked from BOSTON. By capital raised it ranks among the largest (ahead of 99% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

AI analyst read est. — model-extracted from this company's public description, not a verified fact. 30%

operates a technology-led product inferred from public copy

Grounded in: “You are a venture analyst

Klaviyo unifies marketing and service with its AI-first B2C CRM. Try out omnichannel marketing software, powered by K:AI agents to deliver personalised experiences across email marketing, WhatsApp, and more.

Klaviyo unifies marketing and service with its AI-first B2C CRM. Try out omnichannel marketing software, powered by K:AI agents to deliver personalised experiences across email marketing, WhatsApp, and more. Powering 196,000+ relationship-driven brands across 100 countries Start fast, launch faster with just your URL. In minutes, Marketing Agent learns from your website and builds on-brand campaigns, key flows, and your first form to get you growing. Support with selling power. Customer Agent resolves 65% of questions autonomously. And because it has the full customer picture, it also recommends and converts, driving revenue. With the autonomous B2C CRM, turn your marketing, analytics, and service into always-on growth engines. Personalise, learn from, and improve every customer experience across all your channels in real-time. When all your customer data and channels are in a single marketing platform, every email, text, and push notification responds to what customers actually do—in real time. Klaviyo AI generates and personalizes campaigns, optimizes interactions, and supports customers 24/7 with tools and agents that do the work for you. With service and marketing on one platfo

ai/ml
Find Klaviyo, Inc. online

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
1
Investors (latest)
2022-07-26
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$5.0B$10.0B$15.0B$20.0BSeries D+ · 2020-11-04 Raised $200M (real) Modeled valuation $7.4B (est)$200M$7.4BSeries D+2020Series D+ · 2021-05-04 Raised $321M (real) Modeled valuation $10.3B (est)$321M$10.3BSeries D+2021Series D+ · 2022-07-26 Raised $100M (real) Modeled valuation $2.2B (est)$100M$2.2BSeries D+2022+$321M+$100MCumulative $621M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Series D+$200.0M · 2020
Series D+ extension$321.0M · 2021
Series D+ extension$100.0M · 2022

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Seed, Series A, Series B, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 17%.

Modeled valuation trajectory
$2.2B
Base estimate est.
$555.3M
Conservative case
$3.9B
Upside case
$833.3M
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the ai/ml sector profile. Directional, not a quoted figure.

Series D+ · modeled $7.4B · 2020-11-042020Series D+ · modeled $10.3B · 2021-05-04Series D+ · modeled $2.2B · 2022-07-262022
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
83%
Survival probability
67% low · 92% high
1.35×/yr
Annual markup
1.51×/yr upside case
3.9 yr
Elapsed time used
3.9 yr actual, capped for stale marks
ai/ml
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
10 mo
Avg between rounds
$360.6M/yr
Capital velocity
5.7 yr
On record since
2020
First round
3
Rounds on file
How it compares to the market

Benchmarked against 2067 companies in AI / ML. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 131× above median
This company$621.0M
Sector median$4.7M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.6× of median
This company$100.0M
Sector median$174.5M
Modeled value — vs sector median (estimate, all stages) 80× above median
This company$2.2B
Sector median$27.9M

Raised more than 99% of sector peers (real $). Modeled value above 98% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #8 of 11.

This companyCohort peer
$1.0B$10.0B$100.0M$1.0BCapital raised (log)Inflection Ai, Inc. · Series D+ Raised $225.0M · modeled $5.4B (est)Shield AI Inc · Series D+ Raised $452.7M · modeled $4.5B (est)Magic AI, Inc. · Series D+ Raised $466.2M · modeled $4.4B (est)Snyk Ltd · Series D+ Raised $799.9M · modeled $3.9B (est)Vendr, Inc. · Series D+ Raised $272.2M · modeled $3.5B (est)Sigma Computing, Inc. · Series D+ Raised $675.3M · modeled $3.4B (est)AI Software, LLC · Series D+ Raised $266.0M · modeled $2.9B (est)AutoLab AI, Inc. · Series D+ Raised $234.9M · modeled $1.7B (est)Cresta Intelligence Inc. · Series D+ Raised $125.0M · modeled $1.5B (est)Tractian Ltd · Series D+ Raised $122.9M · modeled $1.4B (est)Klaviyo, Inc. (this company) Raised $621.0M · modeled $2.2B (est)Klaviyo, Inc.
CompanyStageRaised · realValue · estvs peer med.
Inflection Ai, Inc.Series D+$225.0M$5.4B1.57×
Shield AI IncSeries D+$452.7M$4.5B1.31×
Magic AI, Inc.Series D+$466.2M$4.4B1.27×
Snyk LtdSeries D+$799.9M$3.9B1.14×
Vendr, Inc.Series D+$272.2M$3.5B1.02×
Sigma Computing, Inc.Series D+$675.3M$3.4B1.00×
AI Software, LLCSeries D+$266.0M$2.9B0.84×
Klaviyo, Inc. this companySeries D+$621.0M$2.2B0.65×
AutoLab AI, Inc.Series D+$234.9M$1.7B0.51×
Cresta Intelligence Inc.Series D+$125.0M$1.5B0.43×
Tractian LtdSeries D+$122.9M$1.4B0.40×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Series D+$200.0M2020-11-04$1.7B$7.4B90%
Series D+$321.0M2021-05-04$2.7B$10.3B90%
Series D+$100.0M2022-07-26$833.3M$2.2B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Series D+$200.0M2020-11-04
    • First recorded raise — entered as Series D+.
    • 11 investors on this round.
  2. Series D+$321.0M2021-05-04
    • Came back fast: 6 mo vs the ~11 mo sector norm.
    • Round 1.6× larger than the prior — scaling up.
    • 34 investors on this round.
  3. Series D+$100.0M2022-07-26
    • Raised 15 mo later, in step with the ~11 mo sector norm.
    • Round 3.2× smaller than the prior — bridge or down round.
    • 1 investor on this round.
Intelligence
2023 ~Q2
Modeled next raise · ~10mo cadence
$100.0M
Modeled next size est.range $100.0M$160.0M
0.3×
Last step-up
$360.6M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Ping Li13 other2020-11
Michael Medici2 other2020-11
Edward Hallen1 other2020-11
Stephen Wietrecki1 other2020-11
Tony Weisman1 other2021-05
Amanda Whalen2022-07
Andrew Bialecki2020-11
Benjamin Cook2020-11
Jennifer Ceren2022-07
Kimberly Hammonds2021-05
Landon Edmond2021-05
Registry & provenance

Klaviyo, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1835830
SEC CIK
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Frequently asked
How much funding has Klaviyo, Inc. raised?
Klaviyo, Inc. has raised approximately $621.0M in disclosed capital across 3 recorded financing rounds, aggregated from public filings.
What is Klaviyo, Inc.'s estimated valuation?
Provath's modeled valuation for Klaviyo, Inc. is approximately $2.2B (modeled range $555.3M–$3.9B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Klaviyo, Inc. at?
Klaviyo, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Tue Jul 26.
What does Klaviyo, Inc. do and where is it based?
Klaviyo, Inc. operates in the AI / ML sector, based in BOSTON. Klaviyo unifies marketing and service with its AI-first B2C CRM. Try out omnichannel marketing software, powered by K:AI agents to deliver personalised experiences across email marketing, WhatsApp, and more.
Explore related

See where Klaviyo, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

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