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Tictail

Other B2B Software · Stockholm, Sweden · Founded 2012

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

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. Keywords: e-commerce platform, online marketplace, independent brands, social shopping, creator economy, DIY storefront, Shopify acquisition, fashion marketplace, home decor, small business tools

Valuation $100–500M
Revenue $10–50M
Headcount <100
Total funding $10–50M
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Company overview

Tictail company information

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

Status
Acquired
Founded
2012
Headquarters
Stockholm, Sweden
Employees
3
Open positions
None listed
Dealroom signal
61.9
client focusb2bsub industryContent productionbusiness modelSaaSsectorShoppingsectorMerchant ToolsindustryMediaindustryEnterprise Software

Valuation & funding

Tictail funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITIONExit Nov 2018 $0 Shopify
LATE VCEquity / VC Aug 2017 $3M $110M Creandum · Project A · Thrive Capital · Balderton Capital
LATE VCEquity / VC Jan 2016 $0 Payments Group Holding
SERIES BEquity / VC Jul 2015 $22M $88M Thrive Capital · Balderton Capital · Acton Capital · Creandum
SERIES AEquity / VC Feb 2014 $8M $32M Balderton Capital · Red Swan Ventures · Thrive Capital
SEEDEquity / VC Nov 2013 Project A
SEEDEquity / VC Oct 2012 Balderton Capital · Fredrik Nylander · Gustaf Alstromer · Gustav Söderström
SEEDEquity / VC Dec 2011 Balderton Capital
Showing 8 recorded eventsUnlock the complete deal history →

Financials

Revenue, earnings and profit over time

Reported history and available estimates. Estimated years are marked “E”; sparse fields are left blank rather than inferred.

YearRevenueGrowthEBITDAMarginProfitMargin
2026 $16M 0% $3.2M 19.5% $1.5M 9.5%
2025 $16M 0% $3.2M 19.5% $1.5M 9.5%
2024 $16M -13.9% $3.2M 19.5% $1.5M 9.5%
2023 $19M +6.4% $3.2M 16.8%
2022 $18M +19.8% $3.2M 17.9%
2021 $15M +98.1% $3.2M 21.5%
2020 $7.5M −$1.5M -20.3%
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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%
Monthly website visits142 observations · Oct 2014–Jul 2026
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Comparisons

Tictail 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.

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Talent graph

Tictail's talent

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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.

Investors

14 investors on Tictail's cap table

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

Seed 5 investors entered at this stage
Balderton Capital
Fredrik Nylander
Gustaf Alstromer
Gustav Söderström
Project A
Series B+ 1 investor entered at this stage
Other known 4 additional known investors
Shopify
Harry Briggs
Lars Fjeldsoe-Nielsen
Vincent Skoglund

Global footprint

Where Tictail has talent and traffic

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

In the news

Latest news about Tictail

Recent press, funding announcements, and product moves mentioning Tictail — open to read from the original sources.

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Market sentiment

What the market is saying about Tictail

An AI-synthesized read of the highest-engagement posts about Tictail 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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