Shopify Invests $100 Million in Klaviyo as Strategic Partnership Formed
12/15/24, 1:24 AM
Location
Money
$100 million
Industry
marketing
other
Type
partnership
Shopify has selected Klaviyo as its primary email solution for high-volume merchants and invested $100 million in Klaviyo, acquiring an 11% stake in the company prior to Klaviyo’s IPO.
Company Info
Location
125 summer street, floor 6
boston, massachusetts, united states
Additional Info
Klaviyo (CLAY-vee-oh) powers smarter digital relationships, making it easy for businesses to capture, store, analyze, and predictively use their own data to drive measurable, high-value outcomes. Klaviyo’s modern and intuitive SaaS platform enables business users of any skill level to harness their first-party data from more than 350 integrations to send the right message at the right time across email, SMS, and push notifications. Innovative businesses like Good American, TaylorMade, Skims, Stanley 1913, and more than 143,000 other paying customers leverage Klaviyo to acquire, engage, and retain customers—and grow on their own terms.