Shopify
Shopify is a leading global commerce company, providing trusted tools to start, grow, market, and manage a retail business of any size. Shopify makes commerce better for everyone with a platform and services that are engineered for reliability, while delivering a better shopping experience for consumers everywhere. Shopify powers millions of busine
Investment focus
Shopify's portfolio on More Capital spans e-commerce & retail, transportation & logistics, clean energy & climate. The firm is based in Ottawa, Ontario, Canada. Of the 5 portfolio companies tracked here, 3 have publicly reported valuations totaling approximately $14B.
If your company is backed by Shopify
Employees at companies backed by Shopify may encounter this fund's name on their cap table, in board communications, or in funding announcements. Understanding who invests in your employer can provide useful context when evaluating your equity.
What this means for your stock
Institutional investors like Shopify typically hold preferred shares with rights that differ from the common stock or options held by employees. In a liquidity event, preferred shareholders may have liquidation preferences, anti-dilution protections, or board-level governance rights that affect the value of common equity. The specific terms depend on each company's funding agreements.
Secondary market considerations
Some venture-backed companies allow employees to sell shares on secondary markets, while others restrict transfers. Whether your company permits secondary sales, and under what conditions, is typically governed by the company's equity plan and any applicable right-of-first-refusal provisions — not by the fund itself. However, the presence of institutional investors can sometimes signal the maturity and governance structure of the company.
Shopify portfolio companies
5 companies tracked on More Capital, sorted by reported valuation. 2 companies do not have a publicly reported valuation.
Top holdings by valuation
By sector
Latest Shopify news
Industries invested in
Frequent co-investors
Funds that most frequently co-invest alongside Shopify in the same companies.
Last verified: 2026-05-28
Portfolio data compiled from public filings, press releases, and industry databases. Valuations are reported figures and may not reflect current market conditions. Not investment advice. Consult a qualified advisor before making financial decisions.