Fundraising Fox

Shopify

Corporate VCoperating company · company profile

Ottawa · Seed–Growth

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Stage
Seed–Growth
HQ
Ottawa, ON, CA
Instruments
Equity
Tracked investments
13

33 people who came through Shopify went on to found or lead other companies.

+ 21 more

What they invest in

from 12 of 13 portfolio companies

Developer Tools ×5AI & Machine Learning ×4Data & Infrastructure ×4SaaS ×4Crypto & Web3 ×3E-commerce ×3Fintech ×3Marketing Tech ×3

HQs:United States×7Nigeria×1

Investments · 13 tracked

founders shown can be your intro path

By year:2025 · 22024 · 12023 · 12022 · 22021 · 17 dated

Klaviyo, Inc.klaviyo.comin𝕏NYSE: KVYOJul 2022

Klaviyo is an AI-powered CRM platform for B2C brands that integrates customer data, marketing automation, customer service, and analytics in a unified solution.

AI & Machine LearningDirect to ConsumerMarketing TechSaaSBoston, US

Andrew Bialecki(Co-founder and Co-CEO)Ed Hallen(Co-founder and Chief Strategy Officer)inBenjamin Cook(Executive Officer)Landon Edmond(Executive Officer)

BoardMichael Medici(Director)inPing Li(Director)in

Co-investorsAccelAvenir Growth CapitalCross Creek AdvisorsGlynn Capital ManagementHarmony PartnersSquareOne Capital+3 more

Gorgiasgorgias.ioMay 2024 · $29M✓ verified

Gorgias offers a voice/phone support product that centralizes calls, emails, and SMS into one helpdesk, with features like interactive voice response, call routing, and transfers.

AI & Machine LearningE-commerceMarketing TechSaaS

Romain Lapeyre(Founder)in

Co-investorsKima VenturesAlvenAmplify Partners CVCRV (Charles River Ventures)GreycroftSapphire Ventures+1 more

Triple Whaletrytriplewhale.comin𝕏✓ verified

Triple Whale is an intelligence platform for ecommerce brands that unifies marketing attribution, marketing mix modeling, and incrementality measurement, with an AI assistant that analyzes real-time data and takes media-buying actions.

AI & Machine LearningData & InfrastructureE-commerceMarketing TechColumbus, US

Cherniv Ivan(Chief Technology Officer)Orbach Avraham(Secretary & CEO)Blank Maxx(President & Treasurer, COO)Maxx Blank(Founder)inAJ OrbachIvan Chernykh

Co-investorsGround Up VenturesNFX

Codatcodat.ioin

Codat provides APIs and data products that connect to accounting, banking, ERP, and commerce platforms, turning that data into standardized integrations and forward-looking insights.

Data & InfrastructureDeveloper ToolsFintech

Peter Lord(Founder)in

Co-investorsAcequia Capital (AceCap)Canapi VenturesIndex VenturesJP Morgan ChasePlaid

Flexportflexport.comin𝕏Jan 2022 · $260M

Flexport provides an AI-driven platform for global supply chain management, offering logistics visibility, customs brokerage, and freight optimization for companies shipping goods internationally.

AI & Machine LearningEnterprise SoftwareLogistics & Supply ChainSaaSSan Francisco, US

Ryan Petersen(Founder & CEO)inRyan Peterson(Executive Officer, Director)Sanne Manders(Executive Officer)Christopher Ferro(Executive Officer)Sudhanshu Priyadarshi(Executive Officer)

BoardMichael Ronen(Director)

Co-investors137 Ventures8VCAcequia Capital (AceCap)Adit Ventures Management, LlcAllied Venture PartnersAndreessen Horowitz+37 more

Huddle LabsJun 2021Defunct

Huddle Labs was the New York consumer-social company that launched the Huddle peer-support video app in 2017, pivoted the same team and legal issuer into beauty review and livestream-commerce network Supergreat in 2018, sunset Huddle in 2019 and shut Supergreat on December 15, 2023; most employees then joined Whatnot, but no acquisition of the company was publicly confirmed.

Creator EconomyNew York, US

Tyler Faux(Co-founder and Chief Executive Officer)Dan Blackman(Co-founder and design leader)Enid Hwang(Head of Community and Marketing)Savannah Scott(Marketing Manager - Live Streaming; previously Editorial Director)

BoardMiles Grimshaw associated with early investment(Board member (Thrive Capital))Sarah Tavel(Benchmark general partner and Series A board member)

Co-investorsGreenoaksK5 GlobalShrug CapitalThird Kind Venture CapitalThrive CapitalBenchmark

Nombanomba.comin𝕏May 2023 · $30M

Nomba offers banking and payment processing services to businesses across Africa, with a focus on Nigeria and the Democratic Republic of Congo.

FintechLagos, NG

Yinka Adewale(Founder/CEO)inPelumi Aboluwarin(Founder/CTO)inAdeyinka Adewale(Founder)

Co-investors4DX VenturesHelios Digital VenturesNecessary VenturesY CombinatorBase10 PartnersKhosla Ventures+3 more

Reownreown.comin𝕏Jan 2025 · $13M

Reown provides developer tools built on WalletConnect for connecting users to crypto wallets across EVM, Solana, Bitcoin and other chains, with support for social/email logins, Sign in with Ethereum, and multichain authentication.

Crypto & Web3Data & InfrastructureDeveloper Tools

Co-investors1k(x)1kxCoinbase VenturesSC VenturesTriton CapitalConsenSys+8 more

Sanitysanity.ioin𝕏

Sanity provides a content operations platform built on a structured content database where JSON documents and code-defined schemas power web, mobile, and AI agent applications through a single API.

Data & InfrastructureDeveloper ToolsSaaSSan Francisco, US

Magnus Hillestad(Executive Officer, Director)Simen Svale Skogsrud(Director)Even Westvang(Director)Raman Kapur(Executive Officer)Christian Flaaten(Executive Officer)Oyvind Rostad(Executive Officer, Director)

Co-investorsAlliance VCAlliance VentureCaribbean Export Development AgencyCoinFundHeavybitICONIQ+6 more

Supergreatsupergreat.com

Supergreat operated an online community platform focused on beauty and product reviews; the service has since wound down and directs its community to Whatnot.

ConsumerE-commerceSocial

Co-investorsShrug CapitalTq Ventures LlcBenchmarkGreenoaksK5 GlobalShrug+1 more

Thirdwebthirdweb.comin𝕏

thirdweb provides a developer platform for building web3 applications, offering tools for creating and managing tokens, bridging and swapping across blockchain networks, and wallet infrastructure.

Crypto & Web3Developer Tools

Co-investorsBitDAODraft Ventures LlcFoundersHaun VenturesMantle NetworkShrug Capital+2 more

WalletConnectwalletconnect.cominJan 2025 · $13M

WalletConnect provides wallet connection infrastructure enabling decentralized applications to interact with blockchain wallets across multiple networks and platforms.

Crypto & Web3Developer ToolsFintechNewark, US

Pedro Gomes(Founder and Director - WalletConnect Foundation)in

Co-investorsA.Capital VenturesDeepTech VenturesOddiyana VenturesUnion Square Ventures (USV)1kxFigment+1 more

Xariable, Inc.

Columbus, US

Kyle Hency(Director)Corbett Morgan(Executive Officer, Director, Promoter)

BoardMatthew Gartland(Director)Jonathan Poma(Director)David Wardell(Director)

Co-investorsCRV (Charles River Ventures)FirstMark CapitalLerer HippeauPeterson VenturesRidge Ventures

Exits · 1

IPOs and acquisitions across the tracked portfolio

Klaviyo, Inc.NYSE: KVYO

Portfolio news

latest coverage across their companies

Frequently asked questions

What stage does Shopify invest at?
Shopify invests at the Seed, Series A, Series B, Series C, Growth stages.
What sectors does Shopify focus on?
Shopify focuses on Crypto & Web3, E-commerce, Fintech, SaaS.
Where is Shopify located?
Shopify is headquartered in Ottawa, CA.
Who does Shopify co-invest with?
Shopify most often shares deals with Greenoaks, K5 Global, Shrug Capital, among 5 tracked co-investors.

Media · Podcasts & interviews

from their channel

Tobi Lütke x Ilya Grigorik: Building the Universal Commerce Protocol

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