Diligence memo · auto-generated · as of July 2, 2026
Klaviyo, Inc.
Klaviyo, Inc. looks under-valued against its niche peers and is at-risk on financing cadence.
Businessfiled
Klaviyo, Inc. operates in AI / ML, 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.
Sub-sector tags: ai/ml.
Capital & rounds (filed)filed
Klaviyo, Inc. has raised $621M in disclosed capital across 3 recorded rounds, aggregated from public filings. Its latest round is modeled as Series D+ (a $100M–$400M round).
Largest single filing: $321M on 2021-05-04.
Most recent recorded round closed around 2022-07-26.
Valuation (modeled)modeled
Provath models Klaviyo, Inc. at approximately $2.2B (range $555M–$3.9B). This is an algorithmic estimate from round sizes and same-niche peers — not a quoted or reported figure.
Read: 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.
Financing rhythm & timingmixed
Historic cadence: a new round about every 10 months.
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.
The last round was 3.2× smaller than the prior — a bridge or down round.
Comparablesmixed
Capital scale ranks ahead of 99% of AI / ML peers (2067 compared).
Modeled value ranks above 98% of those peers.
Closest niche peers: Inflection Ai, Inc., Shield AI Inc, Magic AI, Inc., Snyk Ltd, Vendr, Inc..
Peoplefiled
11 named people on file across officers, directors and signatories.
Risks & flagsmixed
Overdue for a raise versus sector norm — distress or bridge risk.
No clearly named CEO/founder/principal in the surfaced records — key-person evidence is thin.