Shopify

Shopify

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Investment Firm

Overview

Shopify is a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. Merchants can use the software to design, set up, and manage their stores across multiple sales channels, including web, mobile, social media, marketplaces, brick-and-mortar locations, and pop-up shops. The platform also provides merchants with a powerful back-office and a single view of their business.

Shopify offers online retailers a suite of services including marketing, customer engagement, payments, and shipping tools to simplify the process of running an online store for small merchants. They launched an application programming interface (API) platform and App Store that allows developers to create applications for Shopify online stores and then sell them on the Shopify App Store.

The Shopify platform was engineered for reliability and scale, making enterprise-level technology available to businesses of all sizes. Shopify currently powers over 800,000 businesses in approximately 175 countries and is trusted by brands such as Tesla, Red Bull, Nestle, GE, Kylie Cosmetics, and many more.

Highlights

Founded

2004

Industry

Enterprise Software

Employees

10001+

Investment

26

Lead Investment

10

Exits

1

Stages

Seed, Late Stage Venture, Early Stage Venture

Investor Type

N/A

Location

North America

Contact Information

Social

Profile Resume

Shopify, established in 2004 and headquartered in North America., specializes in Seed, Late Stage Venture, Early Stage Venture investments across Information Services, Information Technology, Software, Internet, Web Development, Service Industry, Consulting, Computer, DevOps, E-Commerce. The organization boasts a portfolio of 25 investments, with an average round size of $97.5M and 1 successful exits. Their recent investments include Amazon Web Services, Etsy, Gorgias, Sapphire Ventures, Amplify Partners. The highest investment round they participated in was $179.6B. Among their most notable exits are Amazon Web Services and Etsy. Explore their portfolio in detail, see who is connected to them, and find their contact information on our platform.

Employees

imagePlace Allan Leinwand

Allan Leinwand

CTO

imagePlace Dion Almaer

Dion Almaer

Vice President of Engineering, Developer Experience

imagePlace Mohamed Hashi

Mohamed Hashi

Product Designer

imagePlace Ilya Grigorik

Ilya Grigorik

Principal Engineer

imagePlace Farhan Thawar

Farhan Thawar

VP Engineering

imagePlace Eytan Seidman

Eytan Seidman

Director of Product

Investment portfolio

Shopify has made 26 investments. Their most recent investment was on May 14, 2024, when Gorgias raised $29.0M.

investments

26

Diversity investments

1

Lead investments

10

Number of exits

1

Investments

26

Annouced DateOrganization NameIndustryMoney Raised
May 21, 2023
Spooler™ est 2016 Spooler™ est 2016
Software288.3K
Sep 27, 2023
Faire Faire
E-Commercenull
Jan 19, 2024
Flexport Flexport
Software260.0M
May 14, 2024
Gorgias Gorgias
Software29.0M

Exits

1

Funding Timeline

Funding rounds

26

Investors

8

Funds

0

Funding Rounds

26

Shopify has raised 26 rounds. Their latest funding was raised on May 14, 2024 from a Series C - Gorgias round.

Annouced DateTransaction NameNumber of InvestorsMoney RaisedLead Investor
May 21, 2023
Seed Round - Spooler™ est 2016 Seed Round - Spooler™ est 2016
-288.3K-
Sep 27, 2023
Corporate Round - Faire Corporate Round - Faire
-0-
Jan 19, 2024
Convertible Note - Flexport Convertible Note - Flexport
-260.0M-
May 14, 2024
Series C - Gorgias Series C - Gorgias
-29.0M-

Investors

15

Shopify is funded by 15 investor(s). OMERS Ventures and Bessemer Venture Partners Kantor are the most recent investors.

Fund raised

2

Susa Ventures has raised a total of $590M across 6 funds, their latest being Susa Ventures Opportunities II. This fund was announced on Aug 30, 2021 and raised a total of $250M.

Annouced DateFund NameMoney Raised
May 10, 2013
fund image OTPPLESS
1.0M
May 11, 2013
fund image OTPPLESS
1.0M

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