Data and marketing automation company Klaviyo on Friday became the latest tech company to try to join the public markets.
Klaviyo said that it plans to list on the New York Stock Exchange under the symbol “KVYO,” according to paperwork filed with the Securities and Exchange Commission.
Klaviyo follows grocery-delivery service Instacart’s long-awaited IPO filing, also submitted on Friday. The companies are trying to pry open an IPO window that has been mostly shut since late 2021. In December of that year, software vendor HashiCorp and Samsara, which develops cloud technology for industrial companies, went public, but there have been few significant venture-backed tech IPOs since. Chip design giant Arm, which is owned by Japan’s SoftBank, filed for a Nasdaq listing on Monday.
Source: CNBC
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