Shopify

Develops e-commerce platforms and software for businesses.

2015 9-Month Revenue Revenue:
$135.1 M
Industry:
Software
Location:
Ottawa 
Founded:
2004
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Tobias Lütke and Daniel Weinand. Photo Credit: Union Eleven

In 2004, Tobias Lütke, Daniel Weinand, and Scott Lake, owners of an Ottawa-based ski and snowboard shop, wanted a more personalized way to sell their products online. So they created Shopify, a software company that provides customers with a bundle of tools to help create their own e-commerce store. The low cost meant that small businesses--not just gigantic retailers--could now easily have an online presence. But Shopify is now facing competition from tech giants like Amazon and Google, as well as newer startups like Square, whose payment-processing platform rivals one of the many services Shopify offers. Shopify continues to add more features to its platform in a bid to stand out. Note: employee count includes total number of both employees and contractors, as of Dec. 31, 2015

MORE COMPANY INFORMATION

Website:
shopify.com