The Shopify Mafia — Dealroom

163 VC-backed startups founded by Shopify alumni. $7.4B combined value, 0 unicorns. The chart shows 24 of them.

• 163 VC-backed startups
• 0 unicorns ($1B+)
• $7.4B combined enterprise value
• 21 countries
• Founded 2013-2025

Companies

1. Augment

   Founder: Artur Rivilis · Valuation: $510M · Founded 2024 · Sector: Ecommerce · HQ: San Francisco, United States

2. Float

   Founder: Griffin Keglevich · Valuation: $402M · Founded 2019 · Sector: Ecommerce · HQ: Toronto, Canada

3. Patch

   Founder: Brennan Spellacy · Valuation: $330M · Founded 2020 · Sector: Ecommerce · HQ: San Francisco, United States

4. Blue Water Autonomy

   Founder: Rylan Hamilton · Valuation: $300M · Founded 2025 · Sector: Ecommerce · HQ: Boston, United States

5. Flare

   Founder: Israël Hallé · Valuation: $180M · Founded 2017 · Sector: Ecommerce · HQ: Montreal, Canada

6. Convergence

   Founder: Marvin Purtorab · Valuation: $158M · Founded 2024 · Sector: Ecommerce · HQ: Wilmslow, United Kingdom

7. Saltz App

   Founder: Tomas Slimas · Valuation: $132M · Founded 2023 · Sector: Ecommerce · HQ: Vilnius, Lithuania

8. BookClub

   Founder: Ada Pally · Valuation: $120M · Founded 2020 · Sector: Ecommerce · HQ: Salt Lake City, United States

9. Ultravox.ai

   Founder: Zach Koch · Valuation: $102M · Founded 2022 · Sector: Ecommerce · HQ: Seattle, United States

10. Cover

    Founder: Anand Dhillon · Valuation: $100M · Founded 2016 · Sector: Ecommerce · HQ: San Francisco, United States

11. Better Stack

    Founder: Veronika Kolejak · Valuation: $93M · Founded 2021 · Sector: Ecommerce · HQ: Prague, Czechia

12. OpsLevel

    Founder: Kenneth Rose · Valuation: $90M · Founded 2018 · Sector: Ecommerce · HQ: Toronto, Canada

13. Resilience

    Founder: Anand Dhillon · Valuation: $70M · Founded 2022 · Sector: Ecommerce · HQ: San Francisco, United States

14. Fintopio

    Founder: Steve Milton · Valuation: $60M · Founded 2023 · Sector: Ecommerce · HQ: Dubai, United Arab Emirates

15. Polar

    Founder: Birk Nilson · Valuation: $57M · Founded 2022 · Sector: Ecommerce · HQ: Stockholms kommun, Sweden

16. Pluto

    Founder: Nayeem Zen · Valuation: $52M · Founded 2021 · Sector: Ecommerce · HQ: Dubai, United Arab Emirates

17. Gadget.

    Founder: Mohammad H. · Valuation: $51M · Founded 2020 · Sector: Ecommerce · HQ: Ottawa, Canada

18. Carted

    Founder: Mike Angell · Valuation: $50M · Founded 2020 · Sector: Ecommerce · HQ: San Francisco, United States

19. Teal

    Founder: Ian Crosby · Valuation: $48M · Founded 2023 · Sector: Ecommerce · HQ: Vancouver, Canada

20. Boardy

    Founder: Abhinav B · Valuation: $48M · Founded 2024 · Sector: Jobs Recruitment · HQ: Toronto, Canada

21. Tilt

    Founder: Andrew Peek · Valuation: $43M · Founded 2024 · Sector: Ecommerce · HQ: Miami, United States

22. GoodDay Software

    Founder: John Gully · Valuation: $42M · Founded 2023 · Sector: Ecommerce · HQ: Austin, United States

23. Kinde

    Founder: Ross Chaldecott · Valuation: $41M · Founded 2021 · Sector: Ecommerce · HQ: Sydney, Australia

24. Pavlov

    Founder: Niall Kelly · Valuation: $34M · Founded 2023 · Sector: Ecommerce · HQ: London, United Kingdom

Data by Dealroom.co