business Overview
HQCA flagOttawa, Canada
BusinessE-commerce
Founded
access_time 19 years ago
(founded 2004)
TrueUp
Trajectory Score
76
/100
Employees
10,000
TrueUp
Rank
#125
Valuation
$73 billion
TrueUp
Rank
#42
all-time high: $225 B (-68%)
1 year ago: $48 B (+52%)
5 years ago: $19 B (+286%)
Public / PrivatePublic ($SHOP)
Lists
Commerce
Creator Economy
B2B SaaS
Direct-to-Consumer
Activism-Free Workplace

Shopify is an E-commerce company with 34 job openings. It is currently valued at $73 billion as a public company. 10,000 people work at Shopify. The company was founded in 2004.

Shopify grid
Employee happiness →
Growth →
🚀
🐢
😊
😟
Shopify logo
work_outline Job Openings
34open jobs
local_atm Financials
Valuation
$73 billion
TrueUp
Rank
#42
52 wk high: $84 B (-13%)
1 year ago: $48 B (+52%)
5 years ago: $19 B (+286%)
Revenue
trailing 12 months
$5.2 billion
TrueUp
Rank
#100
Revenue growth
vs. same quarter
last year
21.6%
TrueUp
Rank
#212
MULTIPLES
Valuation / Revenue14.0x
Valuation per employee$7.3 million
TrueUp
Rank
#277
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
66%
would recommend Shopify to a friend (2,323 reviews)
worse than 72% of tech co's
72%
approve of the CEO Tobias Lütke (1,306 reviews)
worse than 75% 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
#50
Top open source projects
16.8kShopify / draggable
10.2kShopify / liquid
10.0kShopify / sarama
9.1kShopify / toxiproxy
rule Policies
% of open jobs that are remote
91%
home_work Remote work policy
Remote-first
public H1B sponsorships approved in 2022
8
TrueUp
Rank
#188
card_giftcard Benefits (US)
Benefit info not yet available add_boxsubmit data
history Other info
Associated billionaires
(source:Forbes)
$3.8B - Tobi Lutke
IPO dateMay 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 IPO22.8%
Implied founder equity split
64% - Tobias Lütke
25% - James Lake
11% - Daniel Weinand
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