Klaviyo Inc. is reportedly elevating the goal of its upcoming preliminary public providing to greater than $550 million.
Bloomberg News reported late Sunday that Klaviyo has determined to boost the goal range for its shares to $27 to $29, up from its beforehand said range of $25 to $27 a share. At the highest of that new range, the IPO would elevate $557 million, with the corporate valued at about $8.7 billion, in keeping with Bloomberg.