Klaviyo raises IPO price range, aiming for $9 billion valuation

Klaviyo is targeting a fully diluted valuation of up to $9 billion in its IPO .

The marketing automation company estimated in the filing that its IPO price will fall between $27 and $29 , up from the $25 to $27 range it previously estimated.

It follows Instacart 's IPO announcement and Arm 's debut, showing an early sign that tech IPOs could be making a comeback.