Shopify Closes $100M Series C Funding
Summary
Shopify, an Ottawa, Canada-based ecommerce and retail platform used by over 80,000 businesses, closed a $100m Series C funding round.The company intends to use the funds to expand their recently launched offline retail offering.Founded in 2006 by CEO Tobias Lütke, ShopifyBy provides a commerce platform that allows users to sell online and at their retail location.It offers a professional online storefront, a payment solution to accept credit cards, and a point of sale system for retail sales.The company currently serves over 80,000 retailers in 100 different countries, including Tesla Motors, Gatorade, Budweiser, Wikimedia Foundation, Amnesty International, CrossFit.
Funding
Amount
$100.0M
Total raised
Date
December 11, 2013
Announcement date
Investors
Bessemer Venture Partners, Felicis Ventures, Insight Partners, OMERS Ventures, FirstMark, Shopify, Georgian Partners
Lead investors
Company
http://www.shopify.com
Funded company
Classifications
industries
Fintech & Banking
applications
E-Commerce & Retail
AskAI Classifications
Labels
E-commerce Software
SaaS
Developer Tools
Linked Companies
Shopify Inc.
$100M to $250M