(Bloomberg) — Marketing and data automation provider Klaviyo Inc. is elevating its target to $557 million for what is expected to be a third major US initial public offering in a week, according to people familiar with the matter.Most Read from BloombergWall Street Comes to Grips With How Wrong It’s Been in 2023MGM Resorts Hackers Broke In After Tricking IT Service DeskThe World Is Struggling to Make Enough DieselHouse Republicans Prepare to Turn US Government Shutdown Into Immigration ClashUS,
Marketing and data automation provider Klaviyo Inc. is elevating its target to $557 million for what is expected to be a third major US initial public offering in a week, according to people familiar with the matter.
The Boston-based company decided Sunday to raise the price range for the IPO to $27 to $29 a share, said the people who asked not to be identified because the information wasn’t public yet.
