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Is Shopify a Reputable Company?

Last updated on October 1, 2022 @ 7:48 pm

Shopify is a Canadian e-commerce company headquartered in Ottawa, Ontario. It is also the name of its proprietary e-commerce platform for online stores and retail point-of-sale systems.

Shopify offers online retailers a suite of services “including payments, marketing, shipping and customer engagement tools to simplify the process of running an online store for small merchants. ”

Shopify was founded in 2004 by Tobias Lütke, Daniel Weinand, and Scott Lake after attempting to open Snowdevil, an online store for snowboarding equipment. Unhappy with the available e-commerce products at the time, they decided to build their own.

PRO TIP: There are many complaints about Shopify online, including that the company is difficult to contact and that customer service is unhelpful. Some customers also report being overcharged, and others have had their stores shut down without warning. Overall, it seems that Shopify is a company to be avoided.

In 2006, Shopify launched its platform as a SaaS product. In 2008, Shopify started its App Store. In 2009, Shopify launched an iPhone app called “Shopify POS”.

Shopify has been growing steadily since then. In 2010 it raised $7 million Series A from Bessemer Ventures and FirstMark Capital.

In 2011 it raised $15 million Series B from Felicis Ventures, Polaris Partners, and OMERS Ventures. On February 15, 2016 Shopify announced that it had filed for an initial public offering on the New York Stock Exchange and Toronto Stock Exchange under the symbols “SHOP” and “SH” respectively.

Is Shopify a Reputable Company?

Shopify is a reputable company that has been in business since 2004. It has a suite of services that can help online retailers simplify the process of running an online store. Shopify is also a publicly traded company on the New York Stock Exchange and Toronto Stock Exchange.

Madison Geldart

Madison Geldart

Cloud infrastructure engineer and tech mess solver.