What is Shopify's business focus and history?

Shopify is a publicly traded e-commerce company based in Ottawa, Canada, founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake. It operates as a platform for online stores and retail point-of-sale systems. Shopify has raised significant funding, including a $100 million Series C round in 2013. The company has millions of merchants across approximately 175 countries and employs around 8,100 people globally. Its top competitors include companies like BigCommerce, Wix, and Squarespace.

Shopify Corporate Details & Core Services

Shopify is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario, that provides a platform for retail point-of-sale systems and online stores. The company offers tools to start, scale, market, and run businesses of various sizes across multiple countries.

Shopify Contact Information & Official Links

Website https://www.shopify.com/
Social          
Phone number 613-241-2828
Head office address Ottawa, Ontario, Canada
Tags e-commerce online retail SaaS

What are Shopify's Key Business Metrics & Stats?

No of employees 8100
Founded year 2006
Type public
SAICS CODE 7370
NAICS Code 541511
Industry E-commerce
Location Ottawa, Ontario, Canada
Stock Name SHOP (NYSE), SHOP (TSX)
Pricing Strategy Basic, Grow, Advanced, Plus
Shopify SHOP (NYSE), SHOP (TSX) Firmographic Snapshot 2026 2006 Founded Year 8100 Global Employees Canada Headquarters E-commerce Industry Public Type Verified by DexterAgent.ai

How much funding has Shopify raised to date?

Name Description
Funding Amount USD 7 Million
Stage Series A
Latest Valuation 146.7 Billion (USD)
Lead Investor Bessemer Venture Partners
Investors Bessemer Venture Partners, FirstMark Capital, Felicis Ventures

What are Shopify's Core Products?

Name Description
Shopify Platform An all-in-one commerce platform that enables merchants to manage products, inventory, orders, and payments across various sales channels.
Shopify Payments A fully integrated payment processing service that allows merchants to accept and process payment cards online and offline.
Shopify POS A point-of-sale system that enables in-person sales, integrating with the Shopify platform for seamless inventory and sales management.

What are the latest developments at Shopify?

Date Type Description
January, 2026 announcement Shopify announced the Universal Commerce Protocol (UCP) in collaboration with Google to enable AI-driven shopping experiences.
June, 2024 acquisition Shopify acquired Checkout Blocks, an app that enables merchants to unlock customized extensibility with no-code customizations in checkout.

What industry awards and recognitions has Shopify received?

Date Type Description
, 2012 recognition Shopify was featured in Fast Company's list of Most Innovative Companies.
, 2013 recognition Shopify was included in CNBC's Disruptor 50 list.

Shopify VS BigCommerce VS Wix.com VS : 2026 Comparison

Feature Shopify BigCommerce Wix.com
Core Strengths Shopify Platform, Shopify Payments, Shopify POS BigCommerce Platform, Feedonomics, Makeswift Wix Editor, Wix Studio, Velo by Wix, Wix App Market, Wix Payments, Wix Logo Maker, Wix POS, Wix Stores and Bookings, Branded App by Wix, Wix AI Website Builder
Founded Year 2006 2009 2006
Stock Name/Ticker SHOP (NYSE), SHOP (TSX) BIGC (NASDAQ) WIX (NASDAQ)
Type public public public
Global Employees 8100 1300 5283
Revenue (Annual) $563 Million(2024) $342.1 Million(2025) $1.9 Billion(2025)  
Headquarters Ottawa, Ontario, Canada Austin, Texas, United States Tel Aviv, Israel
Latest Valuation $146.7 Billion $0 $8.3 Billion  
LATEST REVENUE (TRILLIONS USD) EMPLOYEE COUNT (THOUSANDS) INNOVATORS VISIONARIES DISRUPTORS GIANTS BigCommerce 342.1 | 1300 Wix.com 1.9 | 5283 Competitive Landscape 2026 DexterAgent.ai
Name Description
Legal Name Shopify Inc.
Cin number
GST number
Registration number

Who is in Shopify's executive leadership team?

Name Designation
CEO Tobias Lütke
Chief Financial Officer Jeff Hoffmeister
Chief Operating Officer Jessica Hertz
President Harley Finkelstein

Where are Shopify's primary office locations?

City Country
Toronto Canada
Montreal Canada
Vancouver Canada
New York USA
San Francisco USA
Berlin Germany
London UK
Singapore Singapore

What are the current business signals and market intelligence for Shopify?

Spending next 3 months AI-driven commerce solutions, platform enhancements, merchant support services
Pain points scalability, integration with third-party services, customization limitations
Sales motion direct sales, partner channels, self-service sign-ups
Buyer Persona small business owners, e-commerce managers, enterprise IT decision-makers
Type of customer small businesses, entrepreneurs, large enterprises
Key customer domain tesla.com, lvmh.com, nestle.com
Annual ACV $1,000 - $10,000 for small businesses, $10,000 - $100,000 for mid-sized businesses, $100,000+ for enterprises

What is Shopify's annual revenue history?

Year Revenue (USD)
2024 1.6 Billion
2024 563 Million

What are Shopify's risk management and compliance ratings?

GDPR RIsk Yes
Privacy Risk Yes
Company Ratings 4
Glassdoor Rating 4

What are Shopify's business model and service classifications?

Saas Yes
Offline Stores Yes
Service Yes
Ecommerce Yes
Exporter Yes
Mobile App Yes
Retail Yes
B2B Yes
B2C Yes
Manufacturing No
Wholesale Yes
Importer No
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