Overview
TrueUp
Trajectory Score
81
/100
Trajectory Rank
Business
E-commerce
Founded
23 years ago
2004
Employees
8,000
TrueUp
Rank
#130
Valuation
$147 billion
TrueUp
Rank
#52
Company type
Public$SHOP
Related entities
Shopify is an E-commerce company. It is currently valued at $147 billion as a public company. 8,000 people work at Shopify. The company was founded in 2004.
Company grid
Employee happiness →
Growth →
🚀
🐢
😊
😟
Jobs
No job info
Financials
Revenue
$12billion
trailing 12mo
TrueUp
Rank
#68
Shopify's revenue would rank #149 among country GDPs
#148
Equatorial Guinea$13 B
Equatorial Guinea$13 B#149Shopify$12 B
Shopify$12 B#150
Somalia$12 B
Somalia$12 BRevenue growth (vs. same quarter last year)
34.3%
TrueUp
Rank
#104
MULTIPLES
Valuation per employee
$18.4 million
TrueUp
Rank
#264
Revenue per employee
$1.5 million
Products
Notable customers
Product adoption by Ramp customers
Get $500Adoption rate
18%
1% YoY
Source: Ramp
Category rank
#4
Web Hosting & Site Builders
Source: Ramp
Culture
Employee sentiment
Would recommend company
46%
3,000+ reviews
Sources: TrueUp, Glassdoor, Blind
Worse than 84% of tech co's
Approve of CEO
Tobias Lütke
49%
Sources: TrueUp, Glassdoor, Blind
Company culture links
People
Employees
8,000
Source: Public data
Shopify Org Chart
Rankings and awards
Lenny 100
2026
TrueUp Top Open Source Citizens
2026
TIME100 Most Influential Companies
Retail
2026
F-Prime Fintech Index
Member
2026
Layoffs
May 2026 · 2 months ago
30 impacted
Jan 2026 · 5 months ago
Nov 2025 · 7 months ago
Feb 2025 · 1 year ago
Jan 2025 · 1 year ago
+6 more layoff events
Open source
Top open source projects
★
18.5K
draggable
★
12.5K
sarama
★
12.1K
toxiproxy
★
11.8K
liquid
Policies
Remote work policy
Remote-first
Open jobs that are remote
N/A
H1B sponsorships (2025)
46
TrueUp
Rank
#198
External research
Top posts
Other info
Products and services they use
History
Associated billionaires(Sources: Forbes, Bloomberg, Wikipedia)
$10.6B - Tobi Lutke
IPO date
May 21, 2015
11 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
Compare to other companies
