Shopify
VC Fund
Ottawa, Canada
Shopify is a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses. Merchants can use the software to design, set up, and manage their stores across multiple sales channels, including web, mobile, social media, marketplaces, brick-and-mortar locations, and pop-up shops. The platform also provides merchants witha powerful back-office and a single view of their business.Shopify offers online retailers a suite of services including marketing, customer engagement, payments, and shipping tools to simplify the process of running an online store for small merchants. They launched an application programming interface (API) platform and App Store that allows developers to create applications for Shopify online stores and then sell them on the Shopify App Store.The Shopify platform was engineered for reliability and scale, making enterprise-level technology available to businesses of all sizes. Shopify currently powers over 800,000 businesses in approximately 175 countries and is trusted by brands such as Tesla, Red Bull, Nestle, GE, Kylie Cosmetics, and many more.
- Total investments:
- 31
- Last investment:
- Lead investor:
- 42%
Last updated:
For AI agents: llms.txt
Industries Shopify invests in
Stages Shopify invests in
Countries Shopify invests in
Round sizes
Contacts
| Name | Phone | Socials | |
|---|---|---|---|
| See all 23 contacts → | |||
Round size
- Series A
- $13M–$24M
- Series B
- $20M–$65M
- Corporate Round
- $30M–$100M
Investment Focus
Industry
- E-Commerce 11 (35%)
- Software 7 (23%)
- FinTech 4 (13%)
- Financial Services 4 (13%)
- SaaS 3 (10%)
Stage
- Corporate Round 7 (23%)
- Series B 6 (19%)
- Series A 4 (13%)
- Seed 3 (10%)
- Series C 3 (10%)
Country
- United States 16 (52%)
- Canada 3 (10%)
- United Kingdom 3 (10%)
- Nigeria 1 (3%)
- Switzerland 1 (3%)
Team
| Name | Title | Investments | Links | |
|---|---|---|---|---|
Bharati Balakrishnan
Country Head & Director, India
|
Country Head & Director, India | Total investments: 2 | Find email | |
Bram Sugarman
Director of Corporate Development & Strategic Partnerships at Shopify
|
Director of Corporate Development & Strategic Partnerships at Shopify | Total investments: 3 | Find email | |
|
Brennan Loh
Director of Marketing Partnerships
|
Director of Marketing Partnerships | Total investments: 6 | Find email | |
Brittany Forsyth
SVP of HR
|
SVP of HR | Total investments: 1 | Find email | |
Daniella Bellaire
Head of Global Sales Craft
|
Head of Global Sales Craft | Total investments: 0 | Find email | |
| See all 23 team members → | ||||
Investments
| Company | Description | Round | Links |
|---|---|---|---|
| Tetra Trust is a trust company licensed to custody digital assets. They provide enterprise-grade custody of digital assets for institutional clients. They also provide a solution to one of the last remaining problems preventing institutional adoption of the digital asset industry's custody. | $7.2M / Sep 08, 2025 | ||
| Whalar is a creator commerce company, helping creators, brands, and social platforms drive growth together. | May 16, 2025 | ||
| Gorgias is a one-of-a-kind customer service platform specifically designed for ecommerce businesses to deliver effortless customer service at every stage of growth. With cutting-edge automation and AI capabilities, Gorgias revolutionizes how online stores interact with their customers by providing efficient and personalized support across email,voice, SMS, live chat, and social media channels.Founded in 2015, Gorgias began as a two-person team and has grown to more than 250 employees and eight offices in San Francisco, New York, Charlotte, Toronto, Buenos Aires, Paris, Lisbon, and Sydney. As a certified B Corporation, Gorgias is proud to be a leader in sustainable and equitable workplace practices.Today, Gorgias serves 12,000+ merchants in the ecommerce space, including Steve Madden, Glossier, BruMate, and TUSHY. | $29M / Series C / May 14, 2024 | ||
| Flexport is a full-service global freight forwarder and logistics platform using modern software to fix the user experience in global trade.The platform arranges goods to be transported and tracks the inventory in real-time in orders carried by ocean, air, and road freight, enabling logistics companies to optimize transportation routes andinventory management. It is a licensed customs brokerage and freight forwarder built around a modern web application. Its freight service includes an online dashboard for businesses to easily understand, purchase, manage, and track the services required for global trade. Its team of logistics experts lets focus on core business by ensuring goods arrive at fulfillment/distribution centers on time and at the lowest cost. Flexport's mission is to fix the user experience in global trade and bring the world free trade through technology.The company was founded in 2013 by Ryan Petersen and is based in San Francisco, California. | $260M / Convertible Note / Jan 19, 2024 | ||
| Faire is a two-sided marketplace and wholesale platform that helps retailers find and buy unique wholesale merchandise for their stores while helping brands and makers reach local retailers. Faire offers business owners a toolkit of simple tech, data insights, financial terms, and logistics solutions to support the future of local retail.Faire's net 60 payment terms and free returns take the risk out of the wholesale business so that local retailers and independent brands can compete with big-box and ecommcerce giants. Faire is headquartered in San Francisco, California, United States, and Kitchener, Ontario, Canada | Corporate Round / Sep 27, 2023 | ||
| Spooler provides technology and digital products to improve the virtual shopping experience for online fashion consumers. | $288.3K / Seed / May 21, 2023 | ||
| Flexport is a full-service global freight forwarder and logistics platform using modern software to fix the user experience in global trade.The platform arranges goods to be transported and tracks the inventory in real-time in orders carried by ocean, air, and road freight, enabling logistics companies to optimize transportation routes andinventory management. It is a licensed customs brokerage and freight forwarder built around a modern web application. Its freight service includes an online dashboard for businesses to easily understand, purchase, manage, and track the services required for global trade. Its team of logistics experts lets focus on core business by ensuring goods arrive at fulfillment/distribution centers on time and at the lowest cost. Flexport's mission is to fix the user experience in global trade and bring the world free trade through technology.The company was founded in 2013 by Ryan Petersen and is based in San Francisco, California. | Corporate Round / May 04, 2023 | ||
| Nomba is a design manufacturer and distributor of a variety of payment, inventory management, invoice, and banking electronic devices. | $30M / Series B / May 02, 2023 | ||
| Bonumbitt aims to enhance security, transparency, and efficiency in online transactions. The company offers advanced features such as smart contracts, a decentralized review system, and AI-driven analytics to provide personalized shopping experiences. The company's commitment to cutting-edge technology and strategic partnerships positions itas a leader in the evolving e-commerce landscape. With its upcoming token launch on major cryptocurrency exchanges, BBT is set to drive significant growth and redefine the future of online commerce. | $2M / Seed / Mar 09, 2023 | ||
| TripleWhale is an app used by e-commerce businesses to track profits, blended ROAS, LTV, and much more in a clean and clear mobile app. It integrates the shop's data from Shopify, Facebook, Google, and other popular apps for the store. This makes the decisions of the owners to efficiently run their business without sacrificing peace of mindand their time. | $25M / Series B / Feb 02, 2023 | ||
| See all 31 investments → | |||
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FAQ
What does Shopify invest in?
Shopify invests primarily in E-Commerce, Software and FinTech startups, most often at Corporate Round and Series B stage. Most of the 31 investments tracked by Shizune back companies in United States. The Investment Focus section breaks down every industry, stage and country in the portfolio.
What is Shopify's check size?
Shopify typically joins rounds of $13M–$24M at Series A, $20M–$65M at Series B and $30M–$100M at Corporate Round. These ranges are 10th–90th percentile round sizes calculated from confirmed public funding rounds, so they are a realistic guide to the rounds Shopify participates in.
How do I contact Shopify?
Public channels for Shopify include LinkedIn, X (Twitter) and the website linked on this profile. For a verified work email and phone number, create a free Shizune account — contact data is searched across 20+ sources and validated before delivery, so your outreach lands in the right inbox.
Who are the partners at Shopify?
The team at Shopify includes Bharati Balakrishnan (Country Head & Director, India), Bram Sugarman (Director of Corporate Development & Strategic Partnerships at Shopify) and Brennan Loh (Director of Marketing Partnerships), among 23 team members tracked by Shizune. The Team section lists each member with their title, investment count and links.
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 Oct 2026 and is updated monthly. Spotted something off? Use the “Suggest an edit” link near the top of the page.
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