About Shopify
Shopify is a publicly listed company based in Ottawa (Canada) founded in 2006 by Daniel Weinand and Scott Lake. E-commerce storefront solutions are provided for online businesses. It operates in the Retail and Technology sectors. Shopify has raised $122.25 million across 4 funding rounds from investors including Bessemer Venture Partners, Una Brands and Canaccord Genuity Group. The company has 30,125 employees. Shopify has completed 16 acquisitions, including Shopify, Remix and Deliverr. Its chief executive, as recorded, is Tobias Albin Lutke. Its website shopify.com draws about 224.7 million monthly visits. Its Indian entity Shopify Commerce India Private Limited reported revenue of ₹38.01 Cr. Its focus areas include E-Commerce Enablers, Storefronts and Diversified.
Company details
Shopify was established in 2006 in Ottawa, Canada, as a platform in the e-commerce sector. Online storefronts are enabled, along with payment processing for credit cards, marketing tools, shipping integrations, and customer engagement features. Operations support businesses globally through these services, facilitating digital commerce activities from a base in technology-driven solutions.
- Indian entity revenue₹38.01 Cr
FY 2025 · +6% YoY
- Indian entity net profit₹1.78 Cr
FY 2025 · 5% margin
- Indian entity EBITDA₹9.03 Cr
FY 2025 · 24% margin
- Total Equity Funding$122.25M (USD)
in 4 rounds
- Latest Funding Round$100M (USD), Series C
Dec 2013
- InvestorsBessemer Venture Partners
& 14 more
- Employee Count30,125
- Investments & AcquisitionsShopify
& 15 more
Associated legal entities of Shopify
Shopify is associated with 2 registered companies on The Company Check; the primary company is Shopify Commerce India Private Limited. Each company page carries the filings, financials, charges and directors of that entity.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Shopify Commerce India Private Limited CIN U74999KA2017FTC102908 | Active | 15 May 2017 | Bangalore, Karnataka | ₹38.0 Cr | 26 | 3 | View details |
| New Platform Marcom Private Limited CIN U72900UP2020PTC132510 | Active | 11 Aug 2020 | Fatehgarh, Uttar Pradesh | ₹0.9 Cr | 2 | View details |
Apps and channels of Shopify
Shopify publishes 4 mobile apps with over 11.2M+ downloads; its YouTube channel Shopify has 811K subscribers and 30 videos.
Videos from Shopify
The most watched videos on Shopify's YouTube channel, Shopify (811K subscribers). Click a video to play it here.
More on Shopify.
Funding Insights of Shopify
Shopify has successfully raised a total of $122.25M across 4 strategic funding rounds. The most recent funding activity was a Series C round of $100 million completed in December 2013. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $122.25M
- Total Rounds 4
- Last Round Series C — $100M
- First Round $250,000
(Jan 2007)
- Investors Count 15
All 4 funding rounds of Shopify with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2013 | $100M | Series C | – | OMERS, Insight Partners | |
| Oct 2011 | $15M | Series B | – | Georgian | |
| Dec 2010 | $7M | Series A | – | – | |
| Jan 2007 | $250,000 | Seed | – | Klister Credit | – |
| Date | Valuation | Stage |
|---|
Full valuation and stage history of Shopify
Every valuation point, the growth-stage changes (minicorn, soonicorn, unicorn) and the dates behind them require an active premium plan.
- All valuation points
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15 investors in total: 15 institutional.
Investors in Shopify
Shopify has secured backing from 15 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, Una Brands and Canaccord Genuity Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage technology-driven companies are targeted for venture capital investments. | omersventures.com | Toronto, Canada | ||
Investment firm scaling software and technology companies from early to late stages. | insightpartners.com | |||
Investments in technology startups are made by Felicis Ventures. | felicis.com | Menlo Park, United States | ||
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Venture capital is provided to expanding B2B software companies. | 2008 | georgian.io | Toronto, Canada | |
Early-stage venture capital is invested in tech startups across sectors. | 1987 | firstmark.com | New York, United States | |
Family office backed private equity investment firm based out of Canada | klister.ca | Toronto, Canada | ||
Private equity investments in Canada are handled by Walter Financial. | walterfinancial.ca | Westmount, Canada | ||
Startup accelerator | rocketspace.com | San Francisco, United States | ||
Private fund focused on equity, secondary market, fund of funds, and multiple investments | 2009 | northleafcapital.com | Toronto, Canada |
Investor details for Shopify
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Board of directors of Shopify Commerce India Private Limited (Shopify)
Shopify Commerce India Private Limited is the primary company behind Shopify. The boards of the 2 registered companies of Shopify currently have 5 directors; the longest-serving is Neha Chauhan, appointed in 2020. 9 earlier directors have ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Neha Chauhan DIN 08830153 | Director | 11 Aug 2020 | 6 yrs 2 mo | New Platform Marcom Private Limited |
| Abhinav Singh DIN 02778152 | Director | 11 Aug 2020 | 6 yrs 2 mo | New Platform Marcom Private Limited |
| Bharati Balakrishnan DIN 08616401 | Director | 12 Nov 2021 | 4 yrs 11 mo | Shopify Commerce India Private Limited |
| Gopika Purdhani DIN 09546631 | Director | 22 Apr 2022 | 4 yrs 6 mo | Shopify Commerce India Private Limited |
| Aparna Subramanian DIN 11289904 | Director | 29 Sep 2025 | 1 yr 1 mo | Shopify Commerce India Private Limited |
People of Shopify
618 people are tracked at Shopify (102 in leadership, 10 in board & advisors, 506 in team); the tracked headcount is 30,125.
| Name | Role | Group |
|---|---|---|
Tobias Albin Lutke | CEO | Leadership |
Daniel Weinand | Founder | Leadership |
Scott Lake | Founder | Leadership |
Sadia Latifi | Director Of Design, Money & Shipping | Leadership |
Uli Keller | Senior Partner Manager | Leadership |
Anonymous | Founder, CEO & Head of R&D | Leadership |
Elijah McPherson | Director Of Engineering | Leadership |
Cauê Guerra | Director Of Engineering | Leadership |
Mikhail Parakhin | Chief Technology Officer | Leadership |
Adena Merabi | Lead Partner Manager, Commercial | Leadership |
Karley Daudell | Lead Partner Manager, Commercial | Leadership |
Aaron Schuenemann | Director Of Engineering | Leadership |
Zhong Wu | Vp, Applied ML Engineering | Leadership |
Nick M. | Director, Technical Operations & Chief Of Staff To The CTO | Leadership |
Daniel Glock | Head of Enterprise Solutions Engineering | Leadership |
Sarah Jenkins | Senior Partner Manager, Agency Acquisition | Leadership |
Nellwyn Thomas | VP Of Data | Leadership |
Marshall K. | Director, Commercial Solutions Engineering | Leadership |
Stephen Young | Director Of Business Operations | Leadership |
Allison Malloy | Director Of Engineering, Merchandising At Shopify | Leadership |
598 more people are available in the full profile.
Complete people profiles for Shopify
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IPO & Listings of Shopify
Shopify is a publicly listed company on the NASDAQ with ticker symbol SHOP in USA, operating in the Commercial services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date12 Mar 2021
- Listed onBCBA: SHOP
- Listed entityShopify Inc.
- Exchange sectorCommercial services
- ISINCA82509L1076
- Share price$176.52 (-1.51% on the day) · 2026-10-13
- Market capitalisation$227.12B
- Price to earnings121.6
- EPS (diluted, trailing year)$1.45
- Volume (last session)7,019,288
Financials of Shopify
Figures of Shopify Commerce India Private Limited, the primary company behind Shopify, for FY 2025. Revenue was ₹38.01 Cr (+6% year on year). Net profit was ₹1.78 Cr (5% margin). EBITDA was ₹9.03 Cr (24% margin). Revenue has grown at a compounded annual rate of +986% over three years and +18% over five years.
- ₹38.01 CrRevenue · FY 2025 · +6% YoY
- ₹1.78 CrNet profit · 5% margin
- ₹9.03 CrEBITDA · 24% margin
- ₹7 LakhPaid-up capital
- 26Employees (provident fund records)
- +986%Revenue CAGR, 3 years
- +18%Revenue CAGR, 5 years
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $11.76B | $1.25B | $1.96B |
| 2024 | $8.45B | $1.92B | $1.33B |
| 2023 | $7.19B | $135.4M | $159.9M |
| 2022 | $5.38B | -$3.32B | -$550.9M |
| 2021 | $4.57B | $2.89B | $390.4M |
Balance sheet, profit and loss, cash flow and ratios of Shopify Commerce India Private Limited are on its company page.
Detailed financial statements for Shopify
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Shopify
Shopify has strategically engaged in corporate development activities, having acquired 16 companies. Notable acquisitions include Shopify, Remix and Deliverr.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Commerce platform tools are provided for multiple sales channels. | vantagediscovery.com | San Francisco, United States | 2023 | Mar 2025 | •••• | |
Cloud-based platform for team messaging | threads.com | San Francisco, United States | 2017 | Jun 2024 | •••• | |
Customizable checkout block apps for Shopify merchants are provided. | checkoutblocks.com | New York, United States | 2022 | Jun 2024 | •••• | |
Remix is focused on building better web applications. | remix.run | San Francisco, United States | 2019 | Oct 2022 | •••• | |
Tech-enabled fulfillment services are provided to e-commerce businesses. | deliverr.com | San Francisco, United States | 2017 | May 2022 | $2.1B | |
Cloud-based platform for managing and measuring influencer campaigns. | dovetale.com | New York, United States | 2016 | Apr 2022 | •••• | |
Visual search tools for fashion e-tailers are provided. | dondesearch.com | Palo Alto, United States | 2014 | Oct 2021 | $50.7M | |
After-school activities for kids are offered via an online platform. | primer.com | Oakland, United States | 2019 | Jun 2021 | •••• | |
Warehouse automation robots are supplied for picking and sorting tasks. | 6river.com | Boston, United States | 2015 | Sep 2019 | $450M | |
A platform is provided for connecting retailers with wholesale suppliers. | handshake.com | New York, United States | 2010 | May 2019 | •••• |
Complete acquisition details for Shopify
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Timeline of Shopify
15 dated milestones of Shopify across 19 years, from founding to its latest funding, stage changes and deals.
- Founded Shopify is founded.
- Funding First funding round of $250K.
- Funding Latest funding round, Series C, of $100.0M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires Handshake.
- Acquisition Acquires 6River Systems.
- IPO Lists on the stock exchange (IPO).
- Acquisition Acquires Primer.
- Acquisition Acquires Donde Search.
- Acquisition Acquires Dovetale.
- Acquisition Acquires Deliverr.
- Acquisition Acquires Remix.
- Acquisition Acquires Checkout Blocks.
- Acquisition Acquires Threads.
- Acquisition Acquires Shopify.
Web traffic of Shopify
The website of Shopify (shopify.com) receives about 224.7M visits a month and ranks #101 among all websites worldwide, #3 in Business Services.
- Monthly visits224.7M
▼ 7.3% vs previous month
- Unique visitors68.4M
per month
- Global rank#101
among all websites
- Category rank#3
Business and Consumer Services · Business Services
- Bounce rate43%
- Pages per visit9.1
- Average visit8 min 59 sec
- DevicesDesktop 59% · Mobile 41%
Websites whose visitors overlap most with Shopify. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| bigcommerce.com | 100% | 4.7M | #17,081 | View details | |
| klaviyo.com | 95% | 6.6M | #5,596 | View details | |
| printful.com | 86% | 3.5M | #11,125 | View details | |
cjdropshipping.com | cjdropshipping.com | 82% | #29,146 | – | |
| printify.com | 79% | 6M | #6,065 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Shopify
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Related news about Shopify
Complete news archive for Shopify
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Frequently Asked Questions about Shopify
Shopify was founded in 2006 and raised its 1st funding round 1 year after it was founded.
Shopify is headquartered in Ottawa, Canada. It is registered at Ottawa, Ontario, Canada.
Tobias Albin Lutke is the CEO of Shopify, as recorded in our data.
Shopify is a funded company, having raised a total of $122.25M across 4 funding rounds to date. The company's 1st funding round was a Seed of $250K, raised on Jan 2007.
Shopify has 30,125 employees.
The primary company behind Shopify, Shopify Commerce India Private Limited, reported revenue of ₹38.01 Cr for FY 2025, up 6% year on year.
Shopify was established in 2006 in Ottawa, Canada, as a platform in the e-commerce sector. Online storefronts are enabled, along with payment processing for credit cards, marketing tools, shipping integrations, and customer engagement features. Operations support businesses globally through these services, facilitating digital commerce activities from a base in technology-driven solutions.
Yes, Shopify is publicly traded on NASDAQ under the ticker symbol SHOP.
Shopify has 15 investors. Key investors include Bessemer Venture Partners, Una Brands, Canaccord Genuity Group, Northleaf, and FirstMark.
Shopify is associated with 2 legal entities: Shopify Commerce India Private Limited, New Platform Marcom Private Limited.
The legal entities of Shopify currently have 5 directors, including Gopika Purdhani, Bharati Balakrishnan, Aparna Subramanian and others.