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FGS Global represents Boston-based Klaviyo, marketing automation and data platform, that plans to go public in an IPO valued at up to $6.8B, according to Reuters.
It plans to offer 19.2M shares pegged in the $25 to $27 per share range. The shares will trade on the New York Stock Exchange.
Founded in 2012 by Andrew Bialecki and Ed Hallen, Klaviyo stores and analyzes data for e-commerce companies to help them send personalized marketing pitches to targeted customers.
Klaviyo reported a 54.3 percent rise in first-half revenues to $321M and a $15M profit vs. a $25M year-ago loss.
Spotify is among investors in Klaviyo. BlackRock and AllianceBernstein plan to buy up to $100M of stock in the IPO.
FGS Global has Chris Kittredge, Julie Rudnick and Catherine Livingston on the Klaviyo account.
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