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Announced

Accel led a $200m Series C round in Klaviyo.

Financials

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Transaction Value£151m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

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Single Bidder

email marketing platform

Domestic

Venture Capital

Friendly

United States

Private

Minority

Completed

Software

Private Equity

Acquisition

Synopsis

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Private equity investor Accel led a $200m Series C round in Klaviyo, a customer data and marketing platform for online businesses, with participation from existing investor Summit Partners. "Klaviyo helps online businesses of any size break out of the one-email-fits-all marketing mentality, because blanket communications aren’t effective for anyone. Every online customer has unique preferences that influence how and where they make purchases and we’re able to help sellers leverage their own customer data to create an experience they control -- one that is ultimately measured in revenues generated, not pages viewed," Andrew Bialecki, Klaviyo Co-Founder and CEO.

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