Shopify
Ottawa, Ontario, Canada
How Shopify hit $1.2B revenue with a 11.9K person team in 2013.
Shopify is a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses.
2004
Founded
$1.2B
2013 Revenue
-----
YOY
$122.3M
Funding
Shopify Revenue
In 2013, Shopify revenue run rate hit $1.2B in revenue.
-
2013
Shopify hit $1.2B in revenue in 2013
-
2004
Shopify launched in 2004 with $0 revenue
Shopify Funding History
-
2013 Series C
Shopify raised a Series C of in December, 2013
-
2011 Series B
Shopify raised a Series B of in October, 2011
-
2010 Series A
Shopify raised a Series A of in December, 2010
-
2007 Seed Round
Shopify raised a Seed Round of in January, 2007
| FUNDING DATE | ROUND | AMOUNT | VALUATION |
|---|---|---|---|
| December, 11 2013 | Series C | ||
| October, 17 2011 | Series B | ||
| December, 13 2010 | Series A | ||
| January, 01 2007 | Seed Round |
Team
Shopify has 11,878 total employees and 883 sales reps that carry a quota. an engineering team of 2881 and a marketing team of 707.
| DISTRIBUTION | QTY |
|---|---|
| Total team size | 11.9K |
| Engineer | 2881 (24%) |
| Sales | 883 (7%) |
| Marketing | 707 (6%) |
Founder / CEO
Tobias Lütke
Tobi Lütke founded Shopify in 2004. He has served as the Chief Executive Officer since 2008. Tobi worked on the core team of the Ruby on Rails framework and has created many popular open source libraries such as Active Merchant.
Q&A
-
What's your age?
-
-
Favorite online tool?
-
-
Favorite book?
-
-
Favorite CEO?
-
-
Advice for 20 year old self
-
Customers
Churn
Shopify Executives
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Tobias Lütke | CEO | - | - |
Shopify Employees
| Name | Position | Working Email | Personal Email |
|---|---|---|---|
| Tobias Lütke | CEO | - | - |
Frequently Asked Questions about Shopify
-
When was Shopify founded?
Shopify was founded in 2004.
-
How much revenue does Shopify generate?
Shopify generates $1.2B in revenue.
-
Who is the CEO of Shopify
The CEO of Shopify is Tobias Lütke.
-
How much funding does Shopify have?
Shopify raised $122.3M.
-
How many employees does Shopify have?
Shopify has 11.9K employees.
-
Where is Shopify headquarters?
Shopify is headquartered at Ottawa, Ontario, Canada
People Also Viewed
247 ai
247.ai is a company that specializes in providing customer engagement solutions powered by artificial intelligence. 247.ai has offices in several countries around the world, including the United States, India, the Philippines, and Costa Rica. The company's products and services include chatbots, virtual agents, voice assistants, and predictive analytics, which are designed to help businesses improve customer engagement and reduce costs.
eClinicalWorks
Provider of a medical practice platform intended to remove the operational burden faced by medical professionals in private practice. The company's cloud-based practice management platform offers end-to-end cloud-based medical billing, revenue cycle management, electronic health record software, practice portal and practice marketing customer relationship management software, enabling healthcare professionals to reduce cost, reduce errors and improve the quality of care.
Yardi
Yardi Systems, Inc. is a private software company that owns yardi.com. The company was founded in 1984 and is headquartered in Santa Barbara, California, USA. Yardi specializes in providing software solutions for the real estate industry, including property management, accounting, investment management, and other related services. The company's software is used by real estate professionals, property managers, investors, and other stakeholders in the industry. Yardi has a global presence, with offices in North America, Europe, Asia, and Australia.
Discord
Discord.com is owned by Discord Inc., a privately held American company headquartered in San Francisco, California. Discord is a popular communication platform designed for gamers, but it has since expanded to other communities and users as well. The platform allows users to create and join servers, which are essentially communities where members can chat, share multimedia content, and even voice and video chat with one another. Discord also offers features such as screen sharing, file sharing, and integrations with other applications. The company has received funding from various venture capital firms and investors, and as of 2021, it was valued at over $15 billion.
NWN Corporation
NWN Corporation, an information technology (IT) systems integration company, provides networking services and solutions in North America.
Zoho
Zoho Corporation is a software company that provides cloud-based business management and productivity solutions. Zoho's product suite includes applications for CRM, email and collaboration, project management, finance and accounting, human resources, and IT management, among others. The company serves millions of users across various industries, including small and medium-sized businesses, enterprises, and government organizations.