# Derrick Fung

> Derrick Fung is a seed investor at Cardify (Toronto) backing Payments and Software. See 2 investments, check sizes, portfolio. Updated Aug 2026.

- Type: Angel Investor
- Fund: [Cardify](https://shizune.co/investors/profile/cardify-e781)
- Location: Toronto, Canada
- Total investments: 2
- Last investment: Feb 2015
- Lead investor: 0%
- Last updated: Aug 2026
- LinkedIn: http://www.linkedin.com/in/derrickfung
- X (Twitter): http://twitter.com/fungmoney

Derrick Fung is a seed investor at Cardify in Toronto focused on Payments and Software. Derrick Fung is the CEO of Drop. he previously worked as a CEO and Co-Founder of Tunezy.

## Round sizes

| Stage | Round size |
| --- | --- |
| Seed | $1.2M–$2M |

## Investment focus

### Industry

| Industry | Investments | Share |
| --- | --- | --- |
| Payments | 1 | 50% |
| Software | 1 | 50% |
| Analytics | 1 | 50% |
| E-Commerce | 1 | 50% |
| Advertising | 1 | 50% |

### Country

| Country | Investments | Share |
| --- | --- | --- |
| Canada | 1 | 50% |
| Hong Kong | 1 | 50% |

## Investments

| Company | Description | Amount | Stage | Date | Website |
| --- | --- | --- | --- | --- | --- |
| Shopline | Shopline is a DIY e-commerce platform for creating online shops in Asia. Their differentiation lies in their simplistic setup process, native language support, regional payment methods and the fact that the entire experience is optimised for mobile. All shops are completely responsive and adapts to all screen sizes so the customer experience isconsistent on every device. Their mission is to empower small businesses in Asia with simple-to-use tools that complements the way they do business and allowing them to succeed in e-commerce. Beginning with the Chinese-speaking countries of Asia, their company is positioned to disrupt a huge market in an ever growing e-commerce space in Asia. | $1.2M | Seed | Feb 09, 2015 |  |
| Gallop Labs | Gallop is a growth hacking platform, leveraging first party data to draw insights using machine intelligence and making them actionable for marketers. Our behavioural analytics and marketing automation improves key growth metrics of revenue, engagement and user growth. | $2M | Seed | Dec 10, 2014 |  |

2 of 2 investments shown.

## Co-investors
- [37 Angels](https://shizune.co/investors/profile/37-angels) — VC Fund, 1 deal together
- [Ardent Capital](https://shizune.co/investors/profile/ardent-capital) — VC Fund, 1 deal together
- [Golden Ventures](https://shizune.co/investors/profile/golden-venture-partners) — VC Fund, 1 deal together
- [Mantella Venture Partners](https://shizune.co/investors/profile/mantella-venture-partners) — VC Fund, 1 deal together
- [Mount Parker Ventures](https://shizune.co/investors/profile/mount-parker-ventures) — VC Fund, 1 deal together
- [Two Small Fish Ventures](https://shizune.co/investors/profile/two-small-fish-ventures) — VC Fund, 1 deal together

## About Cardify

VC Fund



1 contacts available at Cardify.

| Name | Title | Profile |
| --- | --- | --- |
| Derrick Fung | CEO | https://shizune.co/investors/profile/derrick-fung |

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## FAQ

### What does Derrick Fung invest in?

Derrick Fung invests primarily in Payments, Software and Analytics startups, most often at Seed stage. Most of the 2 investments tracked by Shizune back companies in Canada. The Investment Focus section breaks down every industry, stage and country in the portfolio.

### What is Derrick Fung's check size?

Derrick Fung typically joins rounds of $1.2M–$2M at Seed. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Derrick Fung participates in.

### When did Derrick Fung last invest?

The most recent investment recorded for Derrick Fung closed in Feb 2015. Shizune tracks 2 investments in total for this profile, including round sizes, stages and portfolio companies, all sourced from confirmed public funding rounds and refreshed monthly.

### Is Shizune's investor data accurate?

Yes — every stat on this profile is calculated from confirmed public funding rounds monitored across hundreds of sources since 2020. This profile was last refreshed in Aug 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.

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