Shopify Ventures

On June 28, 2023, Shopify Ventures launched its website, publicly revealing its investment portfolio for the first time. Shopify founder Tobi LütkeTobias LütkeTobias Lütke, who also goes by Tobi Lütke, is a programmer, the co-founder and chief executive officer of Shopify, and a startup investor. He took part in the Ruby on Rails open-source community, has served as Shopify’s CEO since April 2008, and joined the board of Coinbase in 2022.Open the full entry said that day that the investment activity had been going on for a while but had never had a website, and invited founders in the commerce space to raise funds with it.⁠[1][1][1][1]

Shopify Ventures invests mainly in companies that support Shopify’s merchant ecosystem, concentrating on financial services, marketing and commerce. Previously, Shopify’s investments were usually disclosed by portfolio companies as part of their funding announcements; known investments included Triple Whale, Loop, Stripe, Yotpo, WATI and Crossing Minds, and in May 2023 it also invested in Nomba, which provides payments and banking tools for business owners in Nigeria.⁠[1][1][1][1][1]

On October 21, 2026, the online business platform Whop announced a $200 million Series D round at a $5.1 billion valuation, co-led by Sequoia Capital and Shopify Ventures.⁠[2]

Shopify Ventures takes as its guiding principle Shopify founder Tobi Lütke’s saying “Money finds the people who do valuable things,” investing in founders with technical DNA and a clear vision and seeking technology companies that advance commerce, improve developer experience and empower entrepreneurship, from seed through Series B. Its mission has three parts: backing founders who use cutting-edge technology to achieve breakthroughs, supporting companies that build for merchants, developers and entrepreneurs, and investing in changemakers who solve real problems.⁠[3][3][3][3][4][4][4]

Beyond capital, Shopify Ventures runs an Advisory Program that gives portfolio founders individual or group sessions with Shopify experts in areas such as product, infrastructure and team building, and it hosts a Founder Summit, local meetups and domain-specific dinners.⁠[3][3][3]

As of October 2026, the Shopify Ventures website groups its portfolio into three categories, “Next-Gen Commerce,” “Infrastructure and Developer Tooling” and “Entrepreneurship Enablement,” listing 47 companies including Affirm, Faire, Flexport, Klaviyo, Global-e, Stripe, Graphite, Gumloop, fal, Liquid AI, Physical Intelligence and Exa; Affirm, Global-e and Klaviyo are marked as IPOs, and Flow, Melio, Graphite and others as exits.⁠[5][5][5][5][5][5][5][5][5][5][5][5][5][5][5]

As of October 2026, the Shopify Ventures team page lists Tian Tian Feng as head, with investors including Andrea You, Edson Lai, Fjolla Bakalli and Jane Lee; advisors are drawn from across Shopify, such as VP of Engineering Farhan Thawar.⁠[6][6][6][6][6][6]

Shopify Ventures: Official website: https://shopify.vc/ (opens in a new window).⁠[4]

LinkedInLinkedInLinkedIn is a social networking platform for professionals. It was founded in 2002 by Reid Hoffman and others, launched in 2003, and listed on the New York Stock Exchange in 2011; after Microsoft acquired it for approximately $26.2 billion in 2016, it became a wholly owned Microsoft subsidiary. Its revenue comes from membership subscriptions, advertising, and recruitment solutions.Open the full entry: Public profile: https://www.linkedin.com/showcase/shopify-ventures/ (opens in a new window)⁠[4]