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
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
What are Shopify's official legal and registration details?
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
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