Accomplice Fund I Reports 11.14M Klaviyo Shares

TL;DR

**Accomplice Fund I owns 11.14 million Klaviyo shares, a big stake.**

AI Summary

Accomplice Fund I, L.P., a Delaware-organized entity, reported beneficial ownership of 11,140,830 shares of Klaviyo, Inc.'s Series A Common Stock as of December 31, 2023. This filing, an SC 13G, indicates that Accomplice Fund I, L.P. holds significant voting power in Klaviyo, Inc., a prepackaged software company. This matters to investors because a large institutional holder like Accomplice Fund I, L.P. having such a substantial stake can influence company decisions and potentially signal confidence in Klaviyo's future.

Why It Matters

This filing reveals a major institutional investor's significant stake in Klaviyo, Inc., which could influence corporate governance and investor sentiment.

Risk Assessment

Risk Level: low — This filing is a routine disclosure of beneficial ownership and does not inherently present new risks, but rather transparency.

Analyst Insight

Investors should note the significant institutional ownership by Accomplice Fund I, L.P. and consider its potential influence on Klaviyo's strategic direction, though this filing itself doesn't suggest immediate action.

Key Numbers

• 11,140,830 — Shares Beneficially Owned (Represents the sole voting power of Accomplice Fund I, L.P. in Klaviyo, Inc.)
• $0.01 — Par Value (Par value of Klaviyo, Inc.'s Series A Common Stock)
• December 31, 2023 — Date of Event (The date that triggered the filing requirement for this statement)

Key Players & Entities

• Accomplice Fund I, L.P. (company) — reporting person and beneficial owner
• Klaviyo, Inc. (company) — subject company (issuer)
• Jeff Fagnan (person) — group member
• Accomplice Associates I, LLC (company) — group member
• Delaware (company) — place of organization for Accomplice Fund I, L.P.

FAQ

From the Filing

0001104659-24-009202.txt : 20240201 0001104659-24-009202.hdr.sgml : 20240201 20240201092456 ACCESSION NUMBER: 0001104659-24-009202 CONFORMED SUBMISSION TYPE: SC 13G PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240201 DATE AS OF CHANGE: 20240201 GROUP MEMBERS: ACCOMPLICE ASSOCIATES I, LLC GROUP MEMBERS: JEFF FAGNAN SUBJECT COMPANY: COMPANY DATA: COMPANY CONFORMED NAME: Klaviyo, Inc. CENTRAL INDEX KEY: 0001835830 STANDARD INDUSTRIAL CLASSIFICATION: SERVICES-PREPACKAGED SOFTWARE [7372] ORGANIZATION NAME: 06 Technology IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G SEC ACT: 1934 Act SEC FILE NUMBER: 005-94164 FILM NUMBER: 24585240 BUSINESS ADDRESS: STREET 1: 125 SUMMER STREET, FLOOR 6 CITY: BOSTON STATE: MA ZIP: 02110 BUSINESS PHONE: 800-338-1744 MAIL ADDRESS: STREET 1: 125 SUMMER STREET, FLOOR 6 CITY: BOSTON STATE: MA ZIP: 02110 FILED BY: COMPANY DATA: COMPANY CONFORMED NAME: Accomplice Fund I, L.P. CENTRAL INDEX KEY: 0001636118 ORGANIZATION NAME: IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: SC 13G BUSINESS ADDRESS: STREET 1: 56 WAREHAM STREET, FLOOR 3 CITY: BOSTON STATE: MA ZIP: 02118 BUSINESS PHONE: 617-588-2694 MAIL ADDRESS: STREET 1: 56 WAREHAM STREET, FLOOR 3 CITY: BOSTON STATE: MA ZIP: 02118 FORMER COMPANY: FORMER CONFORMED NAME: F/K/A VENTURES FUND I, L.P. DATE OF NAME CHANGE: 20150310 SC 13G 1 tm244836d1_sc13g.htm SC 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G (Rule 13d-102) Information Statement Pursuant to Rules 13d-1 and 13d-2 Under the Securities Exchange Act of 1934 (Amendment No. )* Klaviyo, inc (Name of Issuer) Series A Common Stock, $0.01 (Title of Class of Securities) 49845K101 (CUSIP Number) December 31, 2023 (Date of Event Which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this schedule is filed: ¨ Rule 13d-1(b) ¨ Rule 13d-1(c) x Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise subject to the liabilities of that section of the Act but shall be subject to all other provisions of the Act (however, see the Notes). 1. NAME OF REPORTING PERSON S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON Accomplice Fund I, L.P. 2. CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a) ¨ (b) x 3. SEC USE ONLY 4. CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5. SOLE VOTING POWER 11,140,830 (1) 6. SHARED VOTING POWER 7. SOLE DISPOSITIVE POWER 11,140,830 (1)	 8. SHARED DISPOSITIVE POWER 9. AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 11,140,830 (1) 10. CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES ¨ 11. PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)	 21.4% (1) 12. TYPE OF REPORTING PERSON* PN (1) Accomplice Fund I, L.P. (“ Accomplice I ”) directly owns 26,720 shares of the Issuer’s Series A Common Stock, par value $0.01 per share (“ Series A Common Stock ”) and 11,114,110 shares of the Issuer’s Series B Common Stock, par value $0.01 per share (“ Series B Common Stock and together with the Series A Common Stock, the “ Common Stock ”). The Series B Common Stock is convertible on a one for one basis into Series A Common Stock. The percent of class was calculated based on 40,822,255 shares of Series A Common Stock outstanding as of December 31, 2023, plus 11,114,110 shares of the Issuer&#821