Explore jobs
Find specific jobs
Explore careers
Explore professions
Best companies
Explore companies
Shopify history
Shopify company history timeline
Retailers on Shopify’s platform net a combined total of $100 million in sales since the company’s shopping cart system launched in 2007.
In June 2009, Shopify launched an application programming interface (API) platform and App Store.
The company received $7 million from an initial series A round of venture capital financing in December 2010.
Amazon Webstores began in 2010 as a way for product sellers to access the scale of Amazon distribution, in exchange for a monthly fee of $78 and about 3% of sales.
Shopify was named Ottawa's Fastest Growing Company by the Ottawa Business Journal in 2010.
Its Series B round raised $15 million in October 2011.
In 2011, 15,000 active stores across 80 countries were powered by Shopify.
So why did they make that shift? According to a 2012 interview in Entrepreneur, founder Travis Hutke simply got frustrated at the options available to create an e-commerce platform.
In August 2013, Shopify acquired Jet Cooper, a 25-person design studio based in Toronto.
The company received $100 million in Series C funding in December 2013.
By 2013, the company was building a payment platform.
The company announced in 2014 that 100,000 retailers from 150 countries had set up shop.
By 2014, the platform had hosted approximately 120,000 online retailers, and was listed as #3 in Deloitte’s Fast50 in Canada, as well as #7 in Deloitte’s Fast 500 of North America.
Shopify earned $105 million in revenue in 2014, twice as much as it raised the previous year.
In September 2015, Amazon.com announced it would be closing its Amazon Webstore service for merchants, and had selected Shopify as the preferred migration provider; Shopify's shares jumped more than 20% upon the news.
In January 2017, Shopify announced integration with Amazon that would allow merchants to sell on Amazon from their Shopify stores.
Over 5000 employees will start working from home, in response to rapid spread of Coronavirus disease 2019.
On March 11, 2020, Shopify announced it is going fully remote.
Here are the Best Ecommerce Development Companies Of 2020 according to Ecommerce Development Company Rating Platform.
In 2020, the company announced new hires in Vancouver, Canada, and the effects of the COVID-19 pandemic contributed to lifting stock prices.
On 11 June 2021, Shopify announced their acquisition of Primer, an AR app on the App Store that allows users to preview home improvement items digitally.
And Statista shows that online sales are projected to reach 17.5% of overall sales by 2021.
How many Shopify stores will there be in 2022? Some experts predict it may surpass 2 million as interest continues to grow in ecommerce during the pandemic.
Rate how well Shopify lives up to its initial vision.
Shopify jobs
Do you work at Shopify?
Is Shopify's vision a big part of strategic planning?
Shopify competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| LogMeIn | 2003 | $1.3B | 3,974 | - |
| New Relic | 2008 | $925.6M | 1,934 | 100 |
| Intuit | 1983 | $16.3B | 10,600 | 1,132 |
| Juniper Networks | 1996 | $5.1B | 9,400 | - |
| NetSuite | 1998 | $53.0B | 4,603 | - |
| Cloudflare | 2009 | $1.7B | 2,432 | 343 |
| Sophos | 1996 | $65.2M | 3,600 | 9 |
| Box | 2005 | $1.1B | 1,934 | 146 |
| Alphabet | 2015 | $350.0B | 156,301 | 5 |
| Twilio | 2008 | $4.5B | 6,000 | 44 |
Shopify history FAQs
Zippia gives an in-depth look into the details of Shopify, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Shopify. The employee data is based on information from people who have self-reported their past or current employments at Shopify. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Shopify. The data presented on this page does not represent the view of Shopify and its employees or that of Zippia.
Shopify may also be known as or be related to SHOPIFY INC., Shopify and Shopify Inc.