Shopify Ventures’ cover photo
Shopify Ventures

Shopify Ventures

Venture Capital and Private Equity Principals

Backing future-defining founders

About us

Shopify is the entrepreneurship company and Shopify Ventures is where founders thrive. We invest in mavericks who possess that rare technical DNA, and we look to enable these visionary founders through our vibrant ecosystem. On a mission to help scale bold ideas from hello world to IPO, we are building a 100-year venture platform to help make commerce, developer experience, and entrepreneurship better for everyone.

Website
https://www.shopify.vc/
Industry
Venture Capital and Private Equity Principals
Company size
2-10 employees
Founded
2020
Specialties
Early Stage, Growth Stage, Venture Capital, Entrepreneurship, Developer Experience, Commerce Enablement, Web/Mobile Applications, AI/ML Infrastructure, Data, Enterprise, SaaS, and Fintech

Updates

  • We’re investing in fal’s Series C to partner with Burkay Gur and Gorkem Yurtseven as they build the infrastructure backbone for AI-powered generative media experiences. Tomorrow’s digital experiences will be multimodal: blending text, images, audio, and video in ways we’re only beginning to imagine. fal is building the foundation for this future. Their platform brings together high-performance infrastructure, instant access to top multimedia models, and an intuitive prototyping canvas, making it fast and easy for anyone to experiment, build, and launch new generative media experiences. We work with founders obsessed with turning hard problems into simple, fast, and delightful experiences. We are thrilled to support fal as they unlock new creative possibilities for builders everywhere and collaborate with like-minded investors at Meritech Capital, Bessemer Venture Partners, Kindred Ventures, Andreessen Horowitz, Notable Capital, First Round Capital, Unusual Ventures and Village Global.

    View organization page for fal

    10,119 followers

    Today, we're thrilled to announce our $125M Series C funding round at a $1.5B valuation, led by Meritech Capital, marking our third successful raise in just 12 months! fal’s Generative Media Cloud now powers tens of thousands of applications, supporting over two million developers and more than 300 enterprise customers. From initial prototypes to fully scaled production, we've become the essential infrastructure enabling some of the most innovative and creative work in the industry. Over the past year alone, we've experienced extraordinary growth—averaging 40% month-over-month, consistently exceeding our own ambitious projections. Each month, hundreds of thousands of new developers and thousands of fresh applications join our platform, unlocking entirely new use cases previously thought impossible. With this latest round of funding, we're significantly scaling our engineering, support, sales, and marketing teams to keep pace with the accelerating demand and enthusiasm from our community. Our vision has always been clear: build a generative media platform that effortlessly creates dynamic, real-time content across video, audio, image, and 3D. Thanks to our incredible team, dedicated partners, and visionary customers, that's precisely what fal delivers today—empowering creativity at unprecedented scale. Alongside Arsham Memarzadeh from Meritech Capital we’d love to thank all our existing and new investors joining this round: Sameer Dholakia and Talia Goldberg from Bessemer Venture Partners, Jennifer Li from Andreessen Horowitz, Steve Jang from Kindred Ventures, Glenn Solomon and Dan Cahana from Notable Capital, Emily Zhao from Salesforce Ventures, Jane Lee from Shopify Ventures, Nick Landolfi from Unusual Ventures, Todd Jackson from First Round Capital and Anne Dwane from Village Global.

  • We hosted an intimate fireside chat with Chamath Palihapitiya, moderated by Farhan Thawar. No fluff, just substance. Here are three big ideas Chamath shared: 1️⃣ The AI gold rush isn't about bigger models. It's about surgical precision: smaller domain-specific models, custom silicon optimized for specific workloads, and rebuilding the entire compute stack from scratch. The performance gains at these intersections will be the biggest unlock in the next five years. 2️⃣ LLMs help, but the best builders understand the full physics of their craft. Today’s engineers need to know their stack all the way down—from fancy abstractions through compilation to what's actually happening on the silicon. This knowledge isn't optional anymore. 3️⃣ Founders should default to speaking up instead of calculating when to stay quiet. Over time, consistent outspokenness is likely to average out the risk while preserving the upside. Thanks to all the founders, funders and future-thinkers that joined us. Trading stories and sharing lessons with the brightest minds in AI, dev tooling, fintech, and commerce is a reminder that building the future is hard, but it's a lot more fun together.

    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
      +6
  • Melio is taking the next step in their journey now as part of Xero, unlocking new opportunities for entrepreneurs to uplevel their financial toolkit. Matan Bar and Ilan Atias built a platform that undeniably empowers entrepreneurship. When we decided to partner with Melio, we quickly recognized their product’s technical elegance. Their API-first approach to payments created exactly what merchants needed: a seamless way to pay bills directly from their Shopify admin. This exit represents more than a successful outcome for their team and investors. It means expanded merchant access to tools that eliminate financial overhead, allowing them to allocate resources to building their businesses. Congrats, Melio team. We look forward to seeing what you build next as part of Xero.

    View profile for Matan Bar

    Co-founder & CEO at Melio

    🚀🚀🚀 I’m excited to share that Melio is being acquired by Xero, a global small business platform. Melio was founded on a simple belief: that paying and getting paid shouldn’t be a burden for small businesses. We set out to simplify the complex world of accounts payable and receivable, helping business owners save time and improve their cash flow. Staying true to that mission, Melio quickly became one of the most innovative fintech companies in the world. Today, we process tens of billions of dollars in payments every year for businesses that pay or get paid by our solutions, along with thousands of accounting firms. Now, we're taking that mission even further by joining forces with Xero. Together, Melio’s simple and smart financial tools and Xero’s powerful cloud accounting platform will create a seamlessly integrated experience, giving small businesses and their advisors everything they need to succeed. Melio will also continue to operate independently, supporting all businesses in the U.S.—no matter which accounting software or ERP they use. Melio remains fully committed to serving its customers. We’re deeply grateful to our customers, partners, and the accounting community who have supported Melio’s journey so far. Your trust, feedback, and collaboration have shaped the product we’ve built and the mission we continue to pursue. https://lnkd.in/d45ceESK

  • The search game has changed—consumers are getting instant answers directly in the prompt window instead of clicking through pages of blue links. We're seeing this firsthand through our recent partnerships with AI search platforms. To help founders win in this new landscape, we’re open sourcing our practical strategies for founders from Edson Lai’s and Jane Lee’s investment deep dive on Generative Engine Optimization, along with insights from niree noel, Shopify’s Director of Content, in her recent SEO strategies for the AI era advisory session for our portfolio. Ready to outpace the competition in the new search landscape? Dive in and get ahead ⬇️

    View profile for Edson Lai

    Principal @ Shopify Ventures

    Search has evolved. Consumers now expect instant answers rather than sifting through pages of ads and URLs. This shift in behaviour is fundamentally changing how we discover, research, and buy online. There are new rules to Generative Engine Optimization (GEO). The rise of GEO means brands must shift focus from traditional SEO tactics like optimizing keywords and clicks, to building authority and trustworthiness for AI-driven discovery. We sat down with niree noel and Amanda Cruz-Lombraña from Shopify's Search and Content team and other early-adopters to hear how they’re adapting and what their best practices are. We at Shopify Ventures have seen a wave of new tools such as Bluefish AI, Evertune AI, Profound, and Scrunch AI emerge that enable brands to monitor, influence, and optimize how LLMs perceive and represent them. We believe that best-in-class solutions go beyond basic prompt tracking and sentiment analysis. If you're a founder building for this long-term future of GEO, Jane Lee and I would love to chat!

  • Investing in tokens is a small cost compared to the potential losses from wasted time and missed opportunities. This is the key takeaway from Farhan Thawar's latest post. More on why entrepreneurs and leaders should focus less on the raw cost of AI usage and more on the outsized value and speed these tools can deliver ⬇️

    View profile for Farhan Thawar

    Head of Engineering @ Shopify — 66 61 72 68 61 6e 40 73 68 6f 70 69 66 79 2e 63 6f 6d

    I'm seeing a concerning trend in talking to CTOs/CEOs about the cost of tokens i.e. Can I afford an extra $1-10k/month per engineer as they use @cursor_ai / @windsurf_ai / @GitHubCopilot etc? So they clamp down on spending 😬 1. Do not use the default / cheapest models. Yes all the models are getting better, but there is a big difference between the default Cursor model, the small @GoogleDeepMind Gemini Flash and @OpenAI O1 Pro. Splurge for a better model. 2. You might use completely different models for planning and actual coding. Exampe — O1 pro for planning / requirements and then @AnthropicAI Claude 4.0 for coding 3. If your engineers are spending $1k/month MORE because of LLMs and they are 10% more productive, then that is TOO CHEAP. i.e. Anyone would KILL for a 10% increase in productivity for only $1k/month. Totally worth it 4. If you are worried about engineers spending $10k/month on tokens -> I wouldn't worry. If they are spending this much, DM me because I want to know what exciting things they have conjured up to spin up LLMs on. If they are spending this much AND getting value out of it, you are winning (DM me!) 5. Short of tempting Goodharts Law, you could reward your engineers (well, all employees!) for maximal AI spending -> this means they have figured out how to leverage the LLM well 6. The workflow is moving quickly from AI autocomplete to "I am the architect of a team of agents". This means a single person can wield of a team of LLMs to build their code. Makes sense to see your corresponding token bill go 📈 7. Worry about LOC (lines of code), as the current cohort of models is very code verbose. This will hurt you later if you're building for production vs. just prototyping. It will take smart prompting / rules / iterations to build the short / sweet elegant code you actually want 8. My Cursor deployment quickly increased when non-RnD folks started using it to build their workflows. Folks in Support, Commercial, Ops and more can build things now 👊🏽. The last thing I want is to stop these licenses from growing. I know folks @ShopifyEng who were proud to show up on the Top 10 token spend leaderboard due to the valuable work being done

  • Last week at Editions.dev, Shopify’s developer conference, it became clear: the next evolution of our platform is here to power smarter apps and storefronts. Among many feature releases, highlights include: ∙ Enhanced Sidekick that marks a significant shift towards declarative commerce ∙ Our Global Catalog that makes Shopify products searchable via LLM surface areas such as Perplexity ∙ Shopify.dev MCP Server AI assistance that works right in your preferred coding environment These are just a few that got us excited. Check out the complete list for all the new features: https://lnkd.in/e6wRMFiE. A massive thank you to our Shopify Ventures portfolio companies who joined us: Alloy Crstl Disco Global-e Gorgias Graphite Klaviyo Lightdash Loop Sanity Settle Shippo Single: the direct-to-fan app for Shopify Tapcart Triple Whale Wati Yotpo Your insights and commitment to reshaping the developer experience and commerce are essential to where we're headed together 🎉 

    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
    • No alternative text description for this image
  • Shopify’s Summer ’25 Edition is here. In the past 6 months, we’ve shipped 150+ updates, including our Next-Gen Dev Platform to help builders to create apps faster and with less friction. This aligns perfectly with how we think about investing at Shopify Ventures. We back founders who ship quickly, solve meaningful problems, and build 10x products that make development and operations more efficient. Their innovations transform industries, reshaping what’s possible for commerce, the web, and entrepreneurship worldwide. Dive into all 150+ updates and supercharge your development 👇

    View organization page for Shopify

    1,003,895 followers

    Shopify’s Summer ’25 Edition is here. This latest round of our twice-annual product drop is all about new beginnings. Think of this Edition as a refresh for your Shopify workflow, making your business more flexible and efficient while bringing everything together in one place. To kick things off: We’ve got a brand new look for store design with Horizon, and smarter AI tools to boost your business. Think: multi-step reasoning, image generation, and real-time support through screen sharing and voice chat with Sidekick. Developers: We launched the Next-Gen Dev Platform to make building, testing, and deploying Shopify apps faster and easier with less code. And that’s not all. Check out all 150+ updates and see what’s on the horizon: https://lnkd.in/gqXNecCa

  • Good content isn’t an option; it's a prerequisite for success. That's why we invested in Sanity—a cutting-edge platform that empowers businesses to transform content into a strategic asset. Sanity’s strong growth proves blue-chip customers love their product. But even more importantly, their Series C financing milestone comes with exciting product announcements. Their evolution towards a Content Operating System treats content as data, moving beyond traditional CMS limitations. For developers and brands, this means building remarkable digital experiences where product information and brand assets can be instantly reorganized and delivered exactly where needed. Sanity also consolidates content operations across the enterprise, while developing a native AI experience by launching Sanity Agent and AI functions. Shopify has collaborated with Sanity since they became our first CMS partner on Hydrogen, our headless commerce framework. With their strong performance and fresh capital, we're thrilled to see Magnus Kongsli Hillestad and team reinvigorate how brands connect with their audiences.

    I'm incredibly proud to announce that Sanity has raised $85M in a Series C funding led by Bullhound Capital, with participation from ICONIQ Growth, Shopify Ventures, Threshold Ventures, Heavybit, Lead Edge Capital, Blue Cloud Ventures, and Monochrome Capital. For too long, teams have struggled with legacy CMSs that weren't built for today's multi-modal businesses. These systems have been holding companies back. Web-centric solutions with one-size-fits-no-one workflows. Today content isn't just about websites, text or images. It's data and metadata powering and configuring experiences across and digital surface or business initiative. It's about enabling businesses to communicate with customers and partners, across any application or device Today isn't just about funding — we're launching the world's first Content Operating System, a fundamental reimagining of how organizations manage content across all digital surfaces. Sanity is now: - An application platform for Content Operations applications - A system for unifying content across the whole business - A fully AI powered platform for builders and content operators With over 30,000 organizations already trusting Sanity, companies like Nordstrom, Burger King, Marriott, Skims, Anthropic, Figma, Elastic, Riot Games, ATT, Morningbrew, Fanduel....we are just getting started. Excited to share more about this journey, our vision and why we decided to raise another round of capital. Read the full announcement - link in comments.

    • No alternative text description for this image
  • View organization page for Shopify Ventures

    2,232 followers

    We are betting on AI to create more entrepreneurs than any other time in history. Our CEO Tobi Lütke recently shared his vision: AI is not optional—it's fundamental. The most powerful tools in history now multiply human potential, turning 10X contributors into 100X forces. Our starting point is always:  • How can AI tools reduce entrepreneurial complexity? • What solutions would truly augment merchant planning and decision-making? • What technologies must exist to help developers build faster? The best businesses of the future will be built on platforms that seamlessly integrate AI. We are committed to being the jet fuel that helps founders get there. If your mission centers around harnessing AI to empower the next generation of entrepreneurs, let's connect and explore how we can support your vision.

    • No alternative text description for this image
    • No alternative text description for this image
  • View organization page for Shopify Ventures

    2,232 followers

    Last week at Shoptalk 2025, Shopify Ventures teamed up with New Enterprise Associates (NEA) and Stripe to host a curated Founder Happy Hour. Founders and industry leaders who are building the future of commerce met to share stories, challenges, and opportunities that lie ahead in our rapidly evolving ecosystem. To everyone who attended: thank you. Our conversations revealed parallels in how different sectors are adapting to the evolution of commerce. The takeaway? The future of commerce looks bright, and we’re all here for it.

    • ShopTalk Founder Happy Hour

Affiliated pages

Similar pages