Shopify
Ottawa, Ontario, Canada
Market Cap · 2026
$182.9B
2025 Revenue
$11.6B
Customers
2.6M
Funding
$122.3M
YOY
30.1%
Avg ACV
$4.4K
Team · 2024
8.3K
Founded
2004
Shopify Revenue, Valuation & Funding (2025)
Shopify generated $11.6B in revenue in 2025. Source: Company Website
Shopify is a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses.
Last updated
Shopify Revenue
In 2025, Shopify's revenue reached $11.6B. The company previously reported $8.9B in 2024. Since its launch in 2004, Shopify has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Shopify revenue for 2025: $11.6b | Company Website |
| 2024 | Shopify revenue for 2024: $8.9b | Company Website |
| 2023 | Shopify revenue for 2023: $7.1b | Company Website |
| 2020 | Shopify revenue for 2020: $2.9b | Company Website |
| 2013 | Shopify revenue for 2013: $50.3m | Company Website |
| 2004 | Launched with $0 revenue |
Shopify Valuation, Funding Rounds
Shopify has a $182.9B market cap as of September 2026.
Shopify has raised $122.3M in total funding across 4 rounds, most recently a $100M Series C round in 2013.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2026 | Market Cap | - | $182.9B | - | stockanalysis.com |
| 2013 | Series C | $100M | $900M | 11% | Not recorded |
| 2011 | Series B | $15M | - | - | Not recorded |
| 2010 | Series A | $7M | - | - | Not recorded |
| 2007 | Seed | $250K | $2.8M | 9% | Not recorded |
Founder / CEO
Tobias Lütke
CEO
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.
Customers
Shopify serves 2.6M customers.
Shopify Employees & Team Size
Shopify employs approximately 8.3K people as of 2026, down from 11.9K in 2013, including 883 sales reps that carry a quota. It serves 2.6M customers that rely on its solutions.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Reached 8.3K employees (December 2024) | Not recorded |
| 2013 | Reached 11.9K employees (December 2013) | Not recorded |
Frequently Asked Questions about Shopify
Is Shopify a public company?
Yes. Shopify is publicly traded, with a market cap of $182.9B as of 2026.
What is Shopify's revenue?
As of 2025, Shopify generated $11.6B in revenue.
Who founded Shopify?
Shopify was founded by Tobias Lütke.
When was Shopify founded?
Shopify was founded in 2004.
Who is the CEO of Shopify?
The CEO of Shopify is Tobias Lütke.
How much funding does Shopify have?
Shopify raised $122.3M across 4 rounds.
How many employees does Shopify have?
As of 2024, Shopify had 8.3K employees.
Where is Shopify headquartered?
Shopify is headquartered in Ottawa, Ontario, Canada.
Compare Shopify to the industry
Shopify operates across multiple industries. Browse revenue, funding, and growth data for Shopify in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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