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Modern Dropship

Other B2B Software · Toronto, Canada · Founded 2017

Multi-channel B2B ecommerce platform for high-growth suppliers MoreLess

Convictional operates as a B2B commerce platform designed to help retailers and brands automate and streamline their dropshipping, marketplace, and wholesale operations. The company was founded in 2017 by Chris Grouchy and Roger Kirkness. Grouchy's background includes experience at Shopify, where he identified the inefficiencies and manual processes retailers faced when onboarding new vendors, which directly inspired the creation of Convictional. Kirkness, serving as the CTO, brings the technical expertise to build out the platform's infrastructure.

The core of Convictional's offering is a supplier enablement platform that facilitates seamless integration between retailers and their third-party brands. Instead of relying on manual methods like emails and spreadsheets or complex EDI connections, the platform allows vendors to be onboarded in minutes. Retailers can invite suppliers to connect, and once connected, the system automates the exchange of product information, inventory levels, pricing, and order fulfillment. This two-way synchronization ensures that data is consistent across both the retailer's e-commerce site and the supplier's systems.

Convictional's business model is primarily subscription-based, targeting enterprise retailers and brands. The platform generates revenue through this SaaS model, offering different tiers of service based on the volume of transactions and the number of integrated partners. The service is particularly beneficial for retailers looking to expand their product assortment without taking on the inventory risk, effectively enabling them to launch their own curated marketplaces. For brands, it provides an efficient channel to partner with multiple retailers and distribute their products more widely.

The platform integrates with major e-commerce systems such as Shopify, BigCommerce, and Salesforce Commerce Cloud, as well as ERPs and other backend systems. A key feature is its ability to handle various B2B trade relationships, including dropshipping, wholesale, and multi-vendor marketplace models, all within a single network. By automating processes like vendor onboarding, inventory syncing, and order processing, Convictional helps businesses reduce operational overhead, prevent stockouts, and accelerate their go-to-market strategy for new products. This focus on modernizing B2B trade by abstracting away the complexities of supplier integration positions the company as a critical infrastructure layer for modern commerce.

Keywords: B2B commerce, supplier enablement, dropship automation, marketplace platform, e-commerce integration, inventory synchronization, order management, wholesale automation, supplier onboarding, retail technology

Company overview

Modern Dropship company information

The essential company record, classifications and operating signals in one place.

Status
Acquired
Founded
2017
Headquarters
Toronto, Canada
Employees
19
Open positions
None listed
Dealroom signal
80.0
client focusb2bsectorWholesalebusiness modelSaaSsectorTrading PlatformsectorAutomated ProcesssectorPlatformsectorB2B Commerce APIsectorEDI PlatformsectorB2B IntegrationssectorYC W19industryEnterprise Software

Valuation & funding

Modern Dropship funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONOther financing Apr 2026 $0 Carro
SERIES BOther financing Feb 2022 $40M $160M Y Combinator
SERIES AOther financing Sep 2021 $6.7M $27M Ram Shriram · WndrCo · Zigg Capital · Claire Johnson
EARLY VCOther financing May 2021 $8.9M $36M Lachy Groom · Claire Johnson · Y Combinator · FundersClub
SEEDOther financing Oct 2019 $2.2M $8.8M Y Combinator · Kevin Patrick Mahaffey · AME Cloud Ventures · FundersClub
SEEDOther financing Mar 2019 Y Combinator
Showing 6 recorded eventsUnlock the complete deal history →

Financials

Revenue and workforce over time

Available revenue and workforce history. Fields without reported data are omitted.

YearRevenueGrowthEmployees
2026 $7.1M 0% 19
2025 $7.1M 0% 17
2024 $7.1M 0% 16
2023 $7.1M 0% 27
2022 $7.1M +137.3% 56
2021 $3M +207.7% 38
2020 $975K 13
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Growth signals

Modern Dropship website traffic

Latest recorded traffic for Modern Dropship is 3.7K monthly website visits, down 15.9% over the last three months. Modern Dropship's team grew 11.8% over the past year.

Latest monthly visits3.7K 3-month web change-15.9% 1-year team growth+11.8%
Monthly website visits96 observations · May 2018–Jul 2026
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Comparisons

Modern Dropship compared with similar companies

Dealroom’s weighted taxonomy model identifies the closest operating peers. Company identity and context stay open; selected comparison metrics preview what is available in the platform.

CompanyHeadquartersStatusEmployeesTotal fundingValuation
NabisLicensed cannabis wholesaling platform, supplying licensed dispensaries with the largest portfolio of cannabis brands in the world Oakland, United States Operational 215 $37M $92M
Tradebyte SoftwareEnables the seamless interconnection of manufacturers, traders and retailers in the digital supply chain Ansbach, Germany Acquired
TrumpiaTrumpia is the leading web-based multi-channel marketing platform, dedicated to helping businesses grow and stay well-connected with their customer base Anaheim, United States Operational
TradeGeckoPowerful inventory management software for eCommerce and wholesale with Shopify, Xero, QuickBooks, Amazon, a B2B ordering platform, payments and mobile to take complete control of your business Singapore, Singapore Acquired
portatourPortatour is the future of automatic sales-route planning for field sales reps, consultants, and service team members Vienna, Austria Operational
Peoples' FinTechTrading system design and management tools Rehovot, Israel Operational
Cogito SystemsCogito Systems is developing an automated trading platform and statistical prediction models that integrate data-mining and machine-learning approaches to generate long-term, high-yield profits Tel Aviv-Yafo, Israel Operational
Fluent Trade TechnologiesFluent Trade Technologies offers a comprehensive, turn-key solution for automated trading systems and brokers Luxembourg Closed
Showing 8 of the closest matchesCompare every metric →

Talent graph

Modern Dropship's talent

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Team profiled 5 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators 1 quality Hidden — book a demo/100
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Investors

15 investors on Modern Dropship's cap table

Sourced from Dealroom's funding and investor records. Investor profile links are shown where available.

Series A 6 investors entered at this stage
Claire Johnson
Ram Shriram
Dave Cheesewright
Roach Capital
WndrCo
Zigg Capital
Other known 1 additional known investor
Carro

Global footprint

Where Modern Dropship has talent and traffic

Workforce by country
2 countries with
team presence
🇺🇸 United States57.1%
🇨🇦 Canada42.9%
2 countries shown

In the news

Latest news about Modern Dropship

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Market sentiment

What the market is saying about Modern Dropship

An AI-synthesized read of the highest-engagement posts about Modern Dropship on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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