Klaviyo, an e-commerce company, has acquired Agency, a company founded by serial entrepreneur Elias Torres. As part of the deal, Torres is joining Klaviyo as Chief Product Officer, where he will lead the company’s AI agents efforts. The acquisition is described as a full-circle reunion for the tech founders involved.

Why it matters

The move places responsibility for Klaviyo’s AI agents under a founder with a track record of starting companies, signaling the company’s continued investment in AI-driven product direction.

Who should care

Teams working in e-commerce and those tracking the adoption of AI agents in enterprise software may find this leadership and acquisition news relevant.