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Shopify Stock
Commerce platform
About Shopify Stock
Shopify went public on May 21, 2015 and is listed under SHOP.
Shopify is a commerce platform that allows anyone to easily sell online at a retail location and everywhere in between. It offers a professional online storefront, a payment solution to accept credit cards, and the Shopify POS application to power retail sales. Shopify was started with a single store. The company then built their own eCommerce software as they were unable to find software with the required qualities. Today, Shopify powers over 100,000 online retailers, including General Electric, Amnesty International, CrossFit, Tesla Motors, Encyclopaedia Britannica, Foo Fighters, and GitHub. Merchants use Shopify to manage all aspects of their shops, including uploading products, customizing the design, accepting credit cards, and viewing their incoming orders and completed transactions. Shopify was founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake.
Investors
Bessemer Venture Partners
PharmEasy, BigBasket, Swiggy, Pinterest, Snapdeal, Sila Nanotechnologies, Toast, Box, Procore Technologies, Welltok
Felicis Ventures
Wish, Opendoor, Dollar Shave Club, Scopely, Plaid, SoundHound Inc., Zipline, Guardant Health, Fitbit, Hippo Insurance
FirstMark Capital
Pinterest, Discord, Aura, Upgrade, InVisionApp, DraftKings, Hyperscience, Shopify, Pendo, Cockroach Labs
Insight Venture Partners
Delivery Hero, Letgo, Twitter, Automattic, Tintri, HelloFresh, Tenable Network Security, Inc., Udemy, Darktrace, Chegg
Funding History
| October 2010 | $5.5M |
|---|---|
| September 2011 | $12.0M |
| October 2013 | $70.0M |
| May 2015 | $131M |
Management
Cofounder and CEO
Tobias Lutke
CTO
Cody Fauser
Board Member (Bessemer Venture Partners)
Jeremy Levine
Press
ZD Net - Mar, 12 2015
TechCrunch - Dec, 11 2013
Shopify - Oct, 17 2011
Other Companies
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