Shopify Competitors and Similar CompaniesClear all
Shopify's competitors and similar companies include VTEX, ChannelAdvisor and Lightspeed Retail.
 Shopify Shopify (formerly known as Jaded Pixel Technologies) is a company that develops an e-commerce platform. |  ChannelAdvisor ChannelAdvisor is a company that provides cloud-based e-commerce solutions for brands and retailers. | |||
Founding Date | Founding Date 2006 | Founding Date 2000 | Founding Date 2001 | Founding Date 2010 |
Type | Type Public | Type Public | Type Subsidiary | Type Subsidiary |
Tags | ||||
Locations | Locations Ottawa, CA HQ Dublin, IE Vilnius, LT Singapore, SG New York, US | Locations London, GB HQ Buenos Aires, AR João Pessoa, BR Recife, BR Rio De Janeiro, BR São Paulo, BR Santiago, CL see more | Locations Morrisville, US HQ Docklands, AU Paris, FR Limerick, IE Madrid, ES London, GB | Locations Durango, US HQ Southbank, AU Toronto, CA Auckland, NZ London, GB |
Employees | Employees 8,100 | Employees 1,368 | Employees 2523% decrease | Employees 148 |
Valuation ($) | Valuation ($) 104 b | Valuation ($) 1.3 b | Valuation ($) N/A | Valuation ($) N/A |
Financial | ||||
Revenue (est.) | Revenue (est.) $11.6b (FY, 2025) | Revenue (est.) $240.5m (FY, 2025) | Revenue (est.) $167.7m (FY, 2021) | Revenue (est.) N/A |
Cost of goods | Cost of goods $6b (FY, 2025) | Cost of goods $50.9m (FY, 2025) | Cost of goods $38.2m (FY, 2021) | Cost of goods N/A |
Gross profit | Gross profit $5.6b (FY, 2025) | Gross profit $189.6m (FY, 2025) | Gross profit $129.5m (FY, 2021) | Gross profit N/A |
Net income | Net income $1.2b (FY, 2025) | Net income $20m (FY, 2025) | Net income $47.2m (FY, 2021) | Net income N/A |
Operating ⚠ | ||||
Countries | Countries 175 (FY, 2023) | Countries 45 (Feb, 2021) | Countries N/A | Countries 140 (Jun, 2018) |
Customers | Customers N/A | Customers 2.4 k (FY, 2021) | Customers 2.6 k (FY, 2019) | Customers N/A |
Gross Merchandise Volume | Gross Merchandise Volume $60.9b (Q1, 2024) | Gross Merchandise Volume $7.5b (FY, 2020) | Gross Merchandise Volume N/A | Gross Merchandise Volume N/A |
Funding | ||||
Total funding raised | Total funding raised $ 122.3m | Total funding raised $ 365m | Total funding raised $ 75m | Total funding raised $ 46.7m |
For sources of this data, please see the company profile
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VTEX
HQ
London, GB
Employees
1,368
VTEX is a company that develops an enterprise digital commerce platform.
View companyChannelAdvisor
HQ
Morrisville, US
ChannelAdvisor is a company that provides cloud-based e-commerce solutions for brands and retailers.
View company
Lightspeed Retail
HQ
Durango, US
Vend is a company developing a cloud-based retail management platform.
View company