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Klaviyo, a provider of marketing automation and customer data analytics, is reportedly aiming to hold an initial public offering as early as September.
The Boston-based company, which was valued at around $9.5B following a 2021 funding round, has retained Goldman Sachs as lead underwriter for the proposed deal, according to The Wall Street Journal.
Klaviyo raised $320M through a Series D funding round in May 2021, which valued the company at $9.15B pre-money.
The company renewed a strategic partnership with BigCommerce (BIGC) in July 2022 and announced one with Shopify (SHOP) in August 2022.
In January, MKM Partners cited Klaviyo as one of its top picks for seeking an IPO in 2023.