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COMPANY PROFILE

Tictail

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Enables indie brands and retailers to start an online store to sell their products online

Stockholm, SwedenFounded 2012Other B2B Software
Valuation $100–250M Last recorded · 2017
Revenue $10–50M Latest reported FY
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Tictail and the history behind them.

About Tictail

Tictail operated as a social e-commerce platform and marketplace, targeting emerging independent brands and designers in fashion, home decor, and art. Founded in Stockholm, Sweden, in 2011 by Carl Waldekranz, Kaj Drobin, Siavash Ghorbani, and Birk Nilsson, the company aimed to simplify online selling for small businesses without requiring technical expertise. The founding vision, often dubbed "the Tumblr of e-commerce," was inspired by CEO Carl Waldekranz's observation of his mother's struggles to sell her ceramics online. This personal experience fueled the creation of a platform focused on ease of use, customizable storefronts, and strong community features. Waldekranz and Drobin had previously collaborated on a digital agency, Super Strikers, which worked with notable tech companies like Spotify, and later co-founded Keyflow, a guest list app. Ghorbani brought experience from being the tech lead at Blocket, Sweden's largest classified ads site.

The business model centered on a dual offering. For merchants, Tictail provided a DIY e-commerce tool to create a free, standalone online store, with options to purchase apps for additional functionality like discount codes or to subscribe to a paid tier for premium features. For shoppers, it was a global marketplace to discover and purchase goods from a curated selection of brands from over 140 countries. Revenue was primarily generated through a commission on sales made through the marketplace and fees for premium apps and services for the individual storefronts. The platform's key features included mobile-first store creation, allowing a business to be set up entirely from a phone, and direct messaging between shoppers and brands to foster relationships. A significant milestone was the opening of Tictail Market, a physical retail store in Manhattan's Lower East Side in January 2016, which served as a physical showroom for the online marketplace.

After raising nearly $33 million in funding, Tictail was acquired by Shopify in November 2018. The acquisition was part of Shopify's strategy to enhance its offerings with new talent and technology and expand its international presence. Following the acquisition, the Tictail platform was gradually phased out, and operations ceased on April 1, 2019, with merchants given the option to migrate to the Shopify platform. The deal also led to the closure of the New York brick-and-mortar store.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
2012
Headquarters
Stockholm, Sweden
Employees
3
Open positions
None listed
Dealroom signal
61.9/100
Industry
Media, Enterprise Software
Sub-industry
Content production
Sector
Other B2B Software, Shopping, Merchant Tools
Business model
SaaS
Client focus
b2b

Funding history

8 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Nov 2018 $0 — Shopify ↗
LATE VC✓Equity / VC Aug 2017 $3M $110M Creandum · Project A · Thrive Capital · Balderton Capital —
Showing the latest 2 of 8 recorded eventsBook a demo for the full funding history →

Financials

Revenue, earnings and profit over time

Revenue, earnings and other financial measures where available. Years marked “E” are estimates.

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Growth signals

Tictail website traffic

Latest recorded traffic for Tictail is 320 monthly website visits, down 58.4% over the last three months. Tictail's team declined 25% over the past year.

Latest monthly visits320 3-month web change-58.4% 1-year team growth-25%
Summary metrics are public; monthly history is available with a demoCompare with peers →

Similar companies

Closest operating peers by Dealroom taxonomy

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Showing 8 of the closest matchesCompare every metric →

Investments and acquisitions

Capital deployed

Recent portfolio relationships for companies that also act as investors or acquirers.

Investors

14 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed5 investors entered at this stage

Series A4 investors entered at this stage

Series B and later1 investor entered at this stage

Other known investors4 additional known investors

  • Shopify
  • Harry Briggs
  • Lars Fjeldsoe-Nielsen
  • Vincent Skoglund
Team profiled 38 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
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.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Tictail on X, ranked by likes and reposts, corporate channels excluded.

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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