logo
logo

Shopify revenue is $1.2 billion

Shopify is worth $900 million valuation

Shopify team size is 11878 employees


logo

Shopify

- Ottawa, Ontario, Canada

linkedinwebsite

How Shopify hit $1.2B Revenue

Shopify is a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses.

Founded

2004

Founded

Revenue

$1.2B

2022 Revenue

YOY
-----

YOY

Funding

$122.3M

Funding


Shopify Revenue

In 2022, 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

$1.2B

Shopify Funding History

Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?

  • 2013 Series C

    Shopify raised a Series C of $100M at a $900M valuation in December 2013

  • 2011 Series B

    Shopify raised a Series B of $15M

  • 2010 Series A

    Shopify raised a Series A of $7M

  • 2007 Seed Round

    Shopify raised a Seed Round of $250K at a $2.8M valuation in January 2007

FUNDING DATEROUNDAMOUNTVALUATION
12/11/2013 Series C $100M $900M
10/17/2011 Series B $15M
12/13/2010 Series A $7M
01/01/2007 Seed Round $250K $2.8M

Team

Shopify has 11878 total employees and 883 sales reps that carry a quota.

2013
DISTRIBUTIONQTY
Total team size
11878
Engineer
2881(24%)
Sales
883(7%)
Marketing
707(6%)

CEO/Founder

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

Shopify has 0 customers.

Lifetime Months

-

x

Monthly ARPU

-

=

Lifetime Dollar

-

Acquisition Cost

-

Average Annual Price

-

$0$0024681012
$0$0024681012

Churn

Shopify has an annual churn rate of 0.00%.

-100-500%50100

Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%


About Shopify

Monthly Revenue

$97M

-

Total Expenses

$0.0

=

Net Income

$0.0

EBIDTA Margin

0.0%

+

YOY Growth

0.0%

=

Rule of 40

0


Shopify Board of Directors

NamePosition

Shopify Executives

NamePosition
Tobias Lütke CEO

Shopify Employees

NamePosition
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 was raised $122.3M.

How many employees does Shopify have?

Shopify has raised 11878 employees.

Where is Shopify headquarters?

Shopify headquater is at Canada