Shopify
Shopify provides merchants with an all-in-one commerce platform that combines storefront, payments, and marketing tools — leveraging first-party purchase data to drive more effective advertising and customer acquisition.
Last updated Jun 20, 2026 by ATDb automated enrichment · Connections updated Jun 22, 2026
At a glance
- Employees
- 10001+
- Funding
- Publicly traded (IPO 2015); raised ~$131M pre-IPO
- Revenue
- $7B+ annually
- Stock
- SHOP
About
Global leader in e-commerce platform software, increasingly positioned as a retail media and first-party data powerhouse for performance advertising
Shopify is a Canadian multinational e-commerce company headquartered in Ottawa, Ontario, providing a comprehensive commerce platform that enables businesses of all sizes to create online stores, manage inventory, process payments, and sell across multiple channels including social media, marketplaces, and physical retail. Founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake, Shopify has grown into one of the world's largest commerce platforms, powering over 1.7 million businesses across 175 countries as of recent estimates. In the AdTech and marketing technology space, Shopify has made significant inroads through acquisitions and native product development. Its acquisition of Audiences (formerly known as Shopify Audiences) and the development of its own ad-targeting tools leverage its first-party commerce data to help merchants run more effective advertising campaigns on platforms like Meta and Google. The company also acquired Dovetale (influencer marketing), and has integrated deeply with major ad platforms, making it a meaningful player in commerce-driven advertising. Shopify's significance in the AdTech ecosystem stems from its unparalleled first-party purchase data from millions of merchants and hundreds of millions of buyers. This data asset positions Shopify as a powerful intermediary between advertisers and consumers, enabling closed-loop attribution and high-intent audience targeting that traditional AdTech players struggle to replicate. Its Shopify Audiences product, the Shopify Collective, and its expanding marketing automation suite make it an increasingly important node in the retail media and performance advertising landscape.
Business model
SaaS + Marketplace + Transaction Fees
Target market
SMB, Mid-Market, Enterprise
What they offer
Shopify Audiences
First-party data-powered audience tool that helps merchants find high-intent buyers on ad platforms like Meta and Google using aggregated purchase signals.
Shopify Marketing Automations
Built-in marketing automation tools for email, SMS, and retargeting campaigns directly within the Shopify admin.
Shopify Email
Native email marketing tool integrated into the Shopify platform for merchant-to-customer campaigns.
Shopify Inbox
Messaging tool enabling merchants to communicate with shoppers in real time to drive conversions.
Shopify Collective
Cross-merchant product discovery and selling network that expands reach for Shopify merchants.
Dovetale (Shopify Collabs)
Influencer and creator marketing platform acquired by Shopify, rebranded as Shopify Collabs.
Shopify Balance & Capital
Financial products for merchants including banking and funding, supporting growth and ad spend.
Shopify POS
Point-of-sale system unifying online and offline commerce data for unified customer profiles.
Key features
Use cases
Customer segments
Tech & specs
Technology stack
Security & compliance
Deployment
API
Yes
- 2006 · Founded