business Overview
| HQ |  Ottawa, Canada |
| Business | E-commerce |
| Founded | access_time 19 years ago (founded 2004) |
| Company trajectory rank | TrueUp Rank #550 |
| Employees | 10,000 TrueUp Rank #127 |
| Valuation | $44 billion TrueUp Rank #54 52 wk high: $180 B (-76%) 1 year ago: $176 B (-75%) |
| Public / Private | Public ($SHOP) |
| Lists | Commerce Creator Economy B2B SaaS Direct-to-Consumer Activism-Free Workplace |
Shopify is an e-commerce company with 69 job openings. It is currently valued at $44 billion as a public company. 10,000 people work at Shopify. The company was founded in 2004.
Shopify grid
Employee happiness →
Growth →
🚀
🐢
😊
😟
local_atm Financials
| Valuation | $44 billion TrueUp Rank #54 52 wk high: $180 B (-76%) 1 year ago: $176 B (-75%) |
| Revenue trailing 12 months | $5.2 billion TrueUp Rank #101 |
| Revenue growth vs. same quarter last year | 21.6% TrueUp Rank #214 |
| MULTIPLES | |
| Valuation / Revenue | 8.3x |
| Valuation per employee | $4.4 million TrueUp Rank #521 |
| Revenue per employee | $0.5 million |
phonelink Products
| Top products | - Shopify |
| Primary customer type | business B2B |
| Is this really a tech company? | Definitely remove Network effects check Zero marginal costs to produce check Product improves over time check Zero cost to expand globally check Self-serve onboarding + Zero cost of sales |
emoji_people Culture
| Glassdoor employee reviews | 69% would recommend Shopify to a friend (2,215 reviews) worse than 71% of tech co's 75% approve of the CEO Tobias Lütke (1,245 reviews) worse than 76% of tech co's |
| Company culture links | Shopify culturenorth_east shopify.com/careers/culture |
code Open Source
| Open source citizenship | sentiment_satisfied Good TrueUp Rank #45 |
| Top open source projects | ★ 16.5kShopify / draggable ★ 9.9kShopify / liquid ★ 9.4kShopify / sarama ★ 8.7kShopify / toxiproxy |
insert_chart_outlined Rankings
rule Policies
| % of open jobs that are remote | 97% |
| home_work Remote work policy | Remote-first |
| Same pay everywhere? (same work, same pay) | |
| public H1B sponsorships approved in 2021 | 8 TrueUp Rank #189 |
card_giftcard Benefits (US)
Benefit info not yet available add_boxsubmit benefit data
history Other info
Associated billionaires (source:Forbes) | $3.8B - Tobi Lutke |
| IPO date | May 21, 2015 (8 years ago) |
| Top owners at IPO | 30.3% - Bessemer Venture Partners 14.6% - Tobias Lütke 11.9% - FirstMark Capital 7.5% - Klister Credit Corp 6.1% - OMERS Ventures 5.7% - Bruce McKean 5.7% - James Lake 5.5% - Georgian Partners 2.5% - Daniel Weinand 2.0% - Cody Fauser 1.0% - Russell Jones |
| Founder ownership at IPO | 22.8% |
| Implied founder equity split | 64% - Tobias Lütke 25% - James Lake 11% - Daniel Weinand |
| Unsuccessful products trending_down | - |
Compare with similar companies
People also viewed
