Where is Shopify located?

Shopify is headquartered in Ottawa, Canada.

Who is the current CEO of Shopify?

Tobias Albin Lutke of Shopify. They have also founded 2 companies and are angel investors in 17 startups, including Too Symphony and Poultry Life.

How many employees does Shopify have?

As of May 31, 2026, the latest employee count at Shopify is 28530.

Is Shopify a funded company?

Shopify is a funded company, having raised a total of $122M across 6 funding rounds to date. The company's 1st funding round was raised for an undisclosed amount in a Series B round.

When was the latest funding round of Shopify?

Shopify's latest funding was a $100M Series C round on Dec 11, 2013, with participation from 6 investors.

What is the annual revenue of Shopify?

Annual revenue of Shopify is more than $1B as on Dec 31, 2025

Is Shopify a E-Commerce Enablers company?

The primary sectors of Shopify are E-Commerce Enablers, Brands Tech and B2B E-Commerce.

Where does Shopify rank among its competitors?

Shopify ranks 1st amongst 2226 active competitors, of which 248 are funded. It stands 7th in terms of total funding among its competitors. The most recent competitor to raise funding was Cart.com, which secured $180M in Mar, 2026.

Who are the top competitors of Shopify?

Shopify's top competitors include Squarespace, BigCommerce and ShopUp. Among them, Cart.com secured the most recent funding round in March, 2026.

Shopify - 2026 Company Profile, Team, Funding, Competitors & Financials

Shopify is a public company based in Ottawa (Canada), founded in 2006 by Tobias Albin Lutke, Scott Lake and Daniel Weinand. It operates as a Provider of an all-in-one commerce platform for businesses of all sizes. Shopify has raised $122M in funding from investors like Insight Partners, OMERS and Klister Credit. The company has 2226 active competitors, including 248 funded and 179 that have exited. Its top competitors include companies like Squarespace, BigCommerce and ShopUp.

Sectors and market segments that Shopify operate in

Shopify serves in the Retail market segments.The primary business model of Shopify are:

Company Details

Provider of an all-in-one commerce platform for businesses of all sizes. The platform enables merchants to start, grow, market, and manage their retail operations. It offers tools to build brands, create websites, and customize online stores. The platform also provides solutions for selling products online, in person, and across various channels. It facilitates payment acceptance, marketing, customer management, and business analytics.

Website: www.shopify.com/
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Email ID: *****@shopify.com
Part Of

Key Metrics

Founded Year

2006

Location

Ottawa, Canada

Stage

Public

Total Funding

$122M in 6 rounds

Latest Funding Round

Series C, Dec 11, 2013, $100M

Investors

Insight Partners & 20 more

Ranked

1^st among 2226 active competitors

Annual Revenue

$1B+ as on Dec 31, 2025

Employee Count

28,530 as on May 31, 2026

Investment & Acquisitions

Tetradg & 43 more

Similar Companies

Squarespace & 2097 more

Exit Details

Public

View Shopify's full profile

Shopify is associated with 11 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
PEPERIE GARDEN DA CIN: 931051180 , Norway, Active	Feb 27, 2023	-	-
SHOPIFY COMMERCE INDIA PRIVATE LIMITED CIN: U74999KA2017FTC102908 , India, Active	May 15, 2017	₹10 - ₹50 Cr (As on Mar 31, 2025)	26 (As on Aug 01, 2025)
Knight of Abyss Studios Inc. CIN: 0002014024 , United States, Active	Jun 02, 2023	-	1 (As on Oct 08, 2024)	-
Shopify Commerce Singapore Pte. Ltd CIN: 201736986Z , Singapore, Active	Dec 26, 2017	-	-
NEW PLATFORM MARCOM PRIVATE LIMITED CIN: U72900UP2020PTC132510 , India, Active	Aug 11, 2020	0 - ₹10 Cr (As on Mar 31, 2025)	-
Shopify Inc. CIN: 98-0486686 , Vanuatu, Active	Apr 07, 2016	-	11600 (As on Dec 31, 2022)	-
Jackworth Ginger Beer LLC CIN: 0001999529 , United States, Active	Oct 19, 2020	-	2 (As on Nov 16, 2023)	-
Partners work agency s.r.o. CIN: 19172338 , Czech Republic, Active	Mar 22, 2023	-	-
Aloha Puddin LLC CIN: 0001947605 , United States, Active	Jul 21, 2022	-	1 (As on Oct 14, 2022)	-
Hope's Caramels, Inc. CIN: 0001978080 , United States, Active	Jan 02, 2019	$0 - $1M (As on Dec 31, 2022)	4 (As on May 23, 2023)	-
Shopify Inc. CIN: 847871746 , Canada, Active	Sep 28, 2004	$1B+ (As on Dec 31, 2025)	-	-

Shopify got listed on Mar 31, 2014.

Click here to take a look at Shopify's IPO in detail

Shopify has raised a total funding of $122M over 6 rounds. Its latest funding round was a Series C round on Dec 11, 2013 for $100M. 6 investors participated in its latest round. Shopify has 21 institutional investors.

Here is the list of recent funding rounds of Shopify:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Dec 11, 2013	$100M	Series C	-	-	OMERS, Insight Partners	Felicis Ventures, Bessemer Venture Partners, Georgian, FirstMark
Oct 17, 2011	$15M	Series B	-	-	Georgian	Bessemer Venture Partners, Felicis Ventures, FirstMark
Dec 13, 2010	$7M	Series A	-	-	-	Bessemer Venture Partners, Felicis Ventures, FirstMark

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View details of Shopify's funding rounds and investors

The founders of Shopify are Tobias Albin Lutke, Scott Lake and Daniel Weinand. Tobias Albin Lutke is the CEO of Shopify.

Here are the details of Shopify's key team members:

Tobias Albin Lutke: Co-Founder & Principal of Shopify and founder of 4 other companies, including Poultry Life, shopify.ca and Shopify. They are also an angel investor in 17 startups.
Contact Info: 2 email addresses
Scott Lake: Former Co-Founder of Shopify and founder of 2 other companies, Too Symphony and Source Metrics. They are also an angel investor in 3 startups.
Contact Info: 1 email address
Daniel Weinand: Former Co-Founder of Shopify and founder of 2 other companies, Too Symphony and Shopify. They are also an angel investor in 3 startups.

View details of Shopify's Founder profiles and Board Members

Shopify's employee count trend

Shopify has 28,530 employees as of May 26. Here is Shopify's employee count trend over the years:

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Top competitors of Shopify include Squarespace, BigCommerce and ShopUp. Here is the list of Top 10 competitors of Shopify, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Shopify 2006, Ottawa (Canada), Public	Provider of an all-in-one commerce platform for businesses of all sizes	$122M	Georgian, Ringway Capital & 19 others	87/100
2nd	Squarespace 2003, United States, Acquired	Provider of tools for website creation, hosting, and online business	$591M	General Atlantic, Fidelity Investments & 20 others	83/100
3rd	BigCommerce 2009, Austin (United States), Public	Provider of ecommerce platform and related services for online businesses	$233M	Goldman Sachs, Floodgate & 14 others	74/100
4th	ShopUp 2017, Dhaka (Bangladesh), Series B	Retailer of neighborhood shops and clothing	$198M	Valar Ventures, Flourish & 12 others	73/100
5th	AnyMind Group 2016, Minato (Japan), Public	Provider of e-commerce, marketing, and manufacturing platforms	$91.7M	Nomura, Mirai Creation Fund & 15 others	72/100
6th	CommerceIQ 2012, Mountain View (United States), Series D	Provider of unified AI platform for retail ecommerce sales and optimization	$196M	Shasta Ventures, SoftBank Vision Fund & 6 others	71/100
7th	WooCommerce 2008, Cape Town (South Africa), Acquired	Developer of an open-source platform for customizable ecommerce solutions	-	TeamX	69/100
8th	Cart.com 2020, Houston (United States), Series D	Provider of unified commerce and logistics solutions for business growth	$735M	B. Riley Financial, Trinity Capital & 47 others	69/100
9th	Nuvemshop 2011, Sao Paulo (Brazil), Series E	Nuvemshop (also known as Tiendanube in Spanish-speaking countries) is a SaaS-based e-commerce platform provider for businesses of all sizes across Latin America	$632M	Kaszek, IGNIA & 24 others	69/100
10th	etaily 2020, Metro Manila (Philippines), Series A	Provider of software suite solutions for e-commerce businesses	$24M	SKS Capital, Ayala & 17 others	69/100

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Looking for more details on Shopify's competitors? Click here to see the top ones

Shopify has made 26 investments in companies including Tetradg and Tetra. Shopify has also acquired 18 companies including Vantage Discovery and Threads.

Here is the list of investments & acquisitions:

Filter this list

Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Sep 08, 2025	Investments	Tetradg	2013	-
Sep 04, 2025	Investments	Tetra	2019	Calgary (Canada)
Mar 27, 2025	Acquisition	Vantage Discovery	2023	San Francisco (United States)