Klaviyo looks to raise up to $311 million in IPO, and to be valued at up to $6.8 billion

Klaviyo Inc. has set terms for its initial public offering, as the marketing-automation software company could be valued at up to $6.80 billion. The...

Klaviyo Inc.

has set terms for its initial public offering, as the marketing-automation software company could be valued at up to $6.80 billion. The Boston-based company said it is offering 19.2 million shares in the IPO, with 11.5 million shares being offered by the company and 7.7 million shares offered by selling shareholders. The IPO is expected to price between $25 and $27 a share, which means the company could raise up to $310.7 million.

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