October 12, 2010
Round Type
Series A


Shopify is a cloud-based, multi-channel commerce platform designed for small and medium-sized businesses.

As a new partner at Bessemer in 2010, Alex Ferrara’s first investment recommendation raised eyebrows when he led the Series A round for a young, first-time CEO in Ottawa selling SaaS to tiny online storefronts. Ten years later, Shopify was the most valuable company in Canada.