About Shopify
Shopify is a company based in San Francisco (United States) founded in 2023 by Lance Riedel and Nigel Daley was acquired by Shopify in March 2025. It operates as a SaaS (Software-as-a-Service) and Subscription Services. Shopify has raised $16 million across 1 funding round from investors including Shopify. Shopify offers products and services including Shopify Platform, Shopify POS, and Shopify Checkout. Shopify operates in a competitive market with competitors including Curated, Wize, ThisNext, Curio Road and Consumr, among others.
- Headquarter San Francisco, United States
- Founders Lance Riedel, Nigel Daley
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RetailTechnology
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- Legal Name Vantage Discovery, Inc.
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Products & Services of Shopify
Shopify offers a comprehensive portfolio of products and services, including Shopify Platform, Shopify POS, and Shopify Checkout.
An all-in-one commerce platform for businesses online.
A system for in-person sales and synchronization.
A fast, customizable checkout for higher conversions.
People of Shopify
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Funding Insights of Shopify
Shopify has successfully raised a total of $16M through 1 strategic funding round. The most recent funding activity was a Series A round of $16 million completed in June 2024. 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.
Investors in Shopify
Shopify has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Shopify.
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E-commerce storefront solutions are provided for online businesses.
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Investor details for Shopify
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Investments & Acquisitions by Shopify
Investment portfolio details for Shopify
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Financial Statements - Shopify
Detailed financials for Shopify
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Shopify Comparisons
Peer comparison for Shopify
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Competitors of Shopify
Shopify operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Curated, Wize, ThisNext, Curio Road and Consumr, among others.
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Online store with personalized recommendations for sports & travel products
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Cuareted products recommendation platform
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Provides a personalized recommendation platform for e-commerce portals.
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An online platform for discovering vintage and handmade products from designers.
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Product Discovery and Review Mobile App
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Personalized products are customized and sold via an online platform.
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Detailed competitors of Shopify
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Latest news on Shopify
Complete news archive for Shopify
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Frequently Asked Questions about Shopify
Shopify was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Shopify is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Lance Riedel is the current CEO of Shopify. They have also founded this company.
Shopify is a funded company, having raised a total of $16M across 1 funding round to date.
A comprehensive commerce platform is offered by Shopify for businesses of all sizes. Online and in-person sales are supported through customizable stores and point-of-sale systems. Solutions for international selling, multichannel integration, and wholesale are provided. Advanced tools like Shopify Checkout and AI-driven features are included to enhance conversions and efficiency. The platform serves sectors ranging from solo entrepreneurs to enterprise-level brands, ensuring scalability and global reach.
Shopify offers Shopify Platform, Shopify POS, and Shopify Checkout.
Shopify has 1 investor. Key investors include Shopify.