Shopifyrevenue, market cap & funding
E-Commerce ToolsOttawa, Ontario, CanadaFounded 2004CEO Tobias Lütke
Public companyShopify is a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses.
- Customers
- 2.6M
Shopify revenue
Shopify's annual revenue was $11.6B in December 2025 (Company Website). That is up 30% from $8.9B a year earlier.
All 5 revenue readings, with sources
| As of | Revenue | Source |
|---|---|---|
| Dec 2013 | $50.3M | SEC filing |
| Dec 2020 | $2.9B | SEC filing |
| Dec 2023 | $7.1B | SEC filing |
| Dec 2024 | $8.9B | Company Website |
| Dec 2025 | $11.6B | Company Website |
Shopify market cap
Shopify is a public company. Its market capitalisation was $182.9B in September 2026.
Shopify funding rounds & investors
Shopify has raised $122.3M across four rounds since 2007. The latest was a $100M Series C in December 2013.
Rounds before the IPO
| Date | Round | Raised | Valuation |
|---|---|---|---|
| Dec 2013 | Series C | $100M | $900M |
| Oct 2011 | Series B | $15M | – |
| Dec 2010 | Series A | $7M | – |
| 2007 | Seed | $250K | $2.8M |
| Total raised | $122.3M |
Shopify competitors
Shopify competes most directly with Wix, Squarespace, PrestaShop, Jimdo and 1 other. It is the largest of the six by revenue.
| Company | Revenue | Funding | Employees | Founded |
|---|---|---|---|---|
| Shopify | $11.6B | $122.3M | 8,300 | 2004 |
| $2B | $440.5M | 5,340 | 2006 | |
 Squarespace | $198.8M | – | 1,807 | 2003 |
 PrestaShop | $38.4M | $44M | 349 | 2007 |
 Jimdo | $31.5M | $28.7M | 286 | 2007 |
 OpenCart | $6.4M | – | 58 | 2005 |
Shopify CEO, founders & employees
Tobias Lütke founded Shopify in 2004 and runs it as CEO. Shopify had 8,300 employees (December 2024).
- Tobias LütkeFounder & CEO
All 2 headcount readings, with sources
| As of | Employees | Source |
|---|---|---|
| Dec 2024 | 8,300 | – |
| Dec 2013 | 11.9K | – |
Shopify FAQ
What is Shopify's revenue?
Shopify's annual revenue was $11.6B in December 2025, according to the company's website.
Is Shopify publicly traded?
Yes. Shopify is a public company, with a market capitalisation of $182.9B in September 2026.
How much funding has Shopify raised?
Shopify raised $122.3M across four funding rounds. The last was a $100M Series C in December 2013.
How many employees does Shopify have?
Shopify had 8,300 employees in December 2024.
Who is the CEO of Shopify?
Tobias Lütke is the CEO of Shopify and founded the company in 2004.
Who founded Shopify?
Tobias Lütke founded Shopify in 2004.
Browse E-Commerce Tools
How this page is sourced
5 from public sources. Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Sep 29, 2026Data disclaimerReport a correctionClaim this profileRun Shopify? Join the podcast