# Shopify Ventures: portfolio, investments and team > Shopify Ventures is a growth equity. 6 investments on record, 3 in the last 12 months, latest Oct 2026. Portfolio, stages, co-investors and team. Source: https://millionrounds.com/fund/shopify-ventures (Millionrounds; every figure on the page links to its filing or article) [Investor](https://millionrounds.com/investors) # Shopify Ventures Last cheque observed Oct 2026; 6 cheques on record. Email Deploying now Growth equity Series A Series B Series D Follow Shopify Ventures and see its new cheques in your feed. [Start following](https://millionrounds.com/login?join=1&why=follow&next=%2Ffund%2Fshopify-ventures) Deploying now **100%** of best year **3** **cheques in 12 months**, 6 on record Since the last cheque **11** days **00** hrs **00** min **00** sec Median round **$69M** Rounds led **1 of 6** Mostly in **United States, 80%** Pitch Shopify Ventures ## Shopify Ventures highlights - 01 3 cheques in the last 12 months - 02 Mostly Series A and Series B: 67% of its rounds - 03 Led 1 rounds ## What they do - **Type:** Growth equity (from a list, unverified) - **Cheque size:** Not stated - **Cold pitches:** Not stated ## The record Every round we can evidence, newest first **6 appearances** - **2026** 2 rounds - **Oct** **[Whop](https://millionrounds.com/company/whop)** Series D · US · Wowtale **$200M** *Led* - **Mar** **[Gumloop](https://millionrounds.com/company/gumloop)** Series B · TechCrunch **$50M** With 6 others - **2025** 3 rounds - **Dec** **[Fal](https://millionrounds.com/company/fal)** Series D · US · TechCrunch **$140M** With 12 others - **Sept** **[Augment](https://millionrounds.com/company/augment)** Series A · US · TechCrunch **$85M** With 4 others - **Mar** **[Graphite](https://millionrounds.com/company/graphite)** Series B · US · TechCrunch **$52M** With 6 others - **2024** 1 round - **Oct** **[Lightdash](https://millionrounds.com/company/lightdash)** Series A · GB · TechCrunch **$11M** With 5 others An announcement gives the size of the round, not the size of this investor's cheque: the only rounds that imply a cheque are those where they were the sole named investor. ## The team We hold **22** people at this firm from the lists this database was built from: a weaker source than the filings, since a list does not say when a title ended. Login to see them. ## The cheque Series A Series B Series D Median round joined **$69M** the round, not its cheque Led 1 of 6 rounds **17%** - **Sole investor:** Never alone - **Last cheque:** Oct 2026 Rounds by stage said on their site - Series A *2* - Series B *2* - Series D *2* Cheques by month Led Joined Dec 2023 Nov 2026 Often in the room with - [Accel](https://millionrounds.com/fund/accel) 2 - [Andreessen Horowitz](https://millionrounds.com/fund/andreessen-horowitz) 2 - [Sequoia Capital](https://millionrounds.com/fund/sequoia-capital) 2 - [Y Combinator](https://millionrounds.com/fund/y-combinator) 2 **Pitching Shopify Ventures?** Put them on your fundraising board with this record on the card, and follow them to hear when they write a new cheque. Add to your CRM *→* ## Who they invest alongside The investors most often in the same rounds as Shopify Ventures. A count of rooms they were both in, not a relationship either has claimed. [**Accel** VC firm **2** rounds together](https://millionrounds.com/fund/accel)[**Andreessen Horowitz** VC firm **2** rounds together](https://millionrounds.com/fund/andreessen-horowitz)[**Sequoia Capital** VC firm **2** rounds together](https://millionrounds.com/fund/sequoia-capital)[**Y Combinator** Accelerator **2** rounds together](https://millionrounds.com/fund/y-combinator) ## Recently backed The latest companies Shopify Ventures put money into. [**Whop** $200M · Oct 2026](https://millionrounds.com/company/whop)[**Gumloop** $50M · Mar 2026](https://millionrounds.com/company/gumloop)[**Fal** $140M · Dec 2025](https://millionrounds.com/company/fal)[**Augment** $85M · Sept 2025](https://millionrounds.com/company/augment)[**Lightdash** $11M · Oct 2024](https://millionrounds.com/company/lightdash) ## Mentioned on podcasts Episodes that name Shopify Ventures in their description, not their title. - [TBPN](https://millionrounds.com/podcasts/tbpn) 23 Oct 2026 · 1h 53m Moderna Drama, WSJ Mansion Section, Genetically Engineered Military Dogs | Thomas Wright, Kyle Schiller, Steven Schwartz With [Thomas Wright](https://millionrounds.com/person/thomas-wright) Mentions [Shopify Ventures](https://millionrounds.com/fund/shopify-ventures) Apple PodcastsShow page ## Quick answers about Shopify Ventures ### What does Shopify Ventures invest in? Shopify Ventures invests most often at Series A and Series B (67% of the rounds on record). ### How active is Shopify Ventures? 6 investments on record, 3 of them in the last 12 months, and it led 1. The most recent was in Oct 2026. ### What has Shopify Ventures invested in recently? Its most recent investments on record: Whop (Series D, Oct 2026), Gumloop (Series B, Mar 2026) and Fal (Series D, Dec 2025). ### How big are Shopify Ventures's cheques? The median round it joins is $69M. ### Does Shopify Ventures lead rounds? Yes: it led 1 of its 6 investments on record (17%). ### Where does Shopify Ventures invest? Most of the companies it backs are in the United States (80%) and the United Kingdom (20%). ### Is Shopify Ventures investing now? Yes: it is actively investing, with 3 investments in the last 12 months. ### Who does Shopify Ventures invest alongside? Most often Accel (2 rounds together), Andreessen Horowitz (2 rounds together) and Sequoia Capital (2 rounds together). ## Raising now? Find the investors who back rounds like yours, and keep every conversation on one fundraising board. Find similar investorsOpen your CRM Built from the rounds we watched, its filings and its own website, refreshed every night. [How we count](https://millionrounds.com/methodology) · [Report a correction](https://millionrounds.com/corrections?slug=shopify-ventures) · [Is this your firm? Claim it](https://millionrounds.com/claim?org=shopify-ventures)