Shopify Ventures is the corporate venture capital arm of Shopify, investing in tech founders building for merchants, developers, and entrepreneurs across commerce and beyond. It backs companies from seed through Series B with a long-term, balance-sheet-funded investment approach.
Deal activity decreased year-over-year (2 deals in the last 12 months vs 9 prior). Average disclosed round size is $58.8M (across 28 rounds with reported amounts).
Portfolio
29
Fund Size
—
Top Stage
Series A
Last 12 Mo
2
Team
Portfolio Breakdown
Stage Distribution
Sector Distribution
Investment Activity
DealsAvg Round Size
Portfolio
32 investments
| Company | Round | Amount | Date |
|---|---|---|---|
 Gumloop | Series B | $50M | Mar 2026 |
 Gumloop | Series B | $50M | Jan 2026 |
 Fal | Series D | $140M | Dec 2025 |
 Tetra Trust | Seed | $10M | Sep 2025 |
 Augment | Series A | $85M | Sep 2025 |
 Augment | Series A | $85M | Sep 2025 |
 Firecrawl | Series A | $14.5M | Aug 2025 |
| Fal | Series C | — | Jul 2025 |
 Crstl | Series A | — | Mar 2025 |
 Graphite | Series B | $52M | Mar 2025 |
 Lightdash | Series A | $11M | Oct 2024 |
 Lovable | Pre-Seed | — | Oct 2024 |
 Convergence Labs | Pre-Seed | $12M | Sep 2024 |
| Convergence Labs | Pre-Seed | $12M | Jan 2024 |
 Nomba | Series B | $30M | May 2023 |
 Super | Growth | $60M | Apr 2023 |
 Triple Whale | Series B | $25M | Feb 2023 |
 Givingli | Series A | $10M | Nov 2022 |
 thirdweb | Series A | $24M | Aug 2022 |
 Gorgias | Series C | $30M | Aug 2022 |
 Klaviyo | Unknown | $100M | Aug 2022 |
 Codat | Series C | $100M | Jun 2022 |
 DISCO | Series A | $20M | Mar 2022 |
 Loop Returns | Series B | $65M | Jul 2021 |
 Pipe | Growth | $250M | May 2021 |
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Top Co-Investors
Shopify6 shared
Y Combinator5 shared
Salesforce Ventures4 shared
Bessemer Venture Partners4 shared
Accel4 shared
First Round Capital3 shared
The Slack Fund3 shared
Seven Seven Six3 shared
Inovia Capital3 shared
e2vc2 shared
Andreessen Horowitz2 shared
Meritech Capital2 shared
Notable Capital2 shared
Kindred Ventures2 shared
Nexus Venture Partners2 shared
Index Ventures2 shared
Tiger Global Management, LLC2 shared
Greenspring Associates2 shared
Republic2 shared
HubSpot Ventures2 shared
Last updated: 20 October 2026