Shopify Acquires Jet Cooper

OTTAWA, ONTARIO — Aug. 1, 2013 — Shopify announced today that it has acquired Canada’s leading design and user experience agency, Jet Cooper. This strategic acquisition will allow Shopify to rapidly expand operations in Toronto, while strengthening their design and UX capabilities.

As the world’s fastest growing ecommerce platform, Shopify’s employee headcount has grown exponentially over the last few years. The company has doubled their staff each year since 2006 and is on course to reach 300 employees by the end of 2013. Although 80% of Shopify’s merchants are in the United States, Shopify has been rapidly expanding its Canadian presence with new offices in Montreal, Winnipeg and Toronto.

“This acquisition brings in some of the best designers in the world,” said Tobias Lütke, Shopify’s founder and CEO. “Jet Cooper has been doing ground breaking design and UX work for some very notable brands and we’re thrilled to have them join our team.”

Lütke launched Shopify in 2006 with the goal of redefining how people build online stores. Today, the ecommerce platform powers over 60,000 online stores that have processed over 35 million orders generating $2 billion in online sales. The acquisition of Jet Cooper will allow Shopify to continue to give merchants a professionally designed online store that looks like it was custom built by an expensive design firm.

Satish Kanwar, co-founder and CEO of Jet Cooper will be joining Shopify with his team of over 25 developers and designers. “We’ve been keeping track of Shopify’s meteoric growth over the last few years,” said Kanwar. “With ecommerce on track to grow double digits in Canada and the US every year, there is no doubt that we’re joining a company that will continue to scale in a market with significant potential.”

Jet Cooper was founded in May of 2009, and have since made a name for themselves as one of Canada’s top design firms. Their unique, creative work on projects for well-known brands like Cineplex, Sobeys, TELUS, Metro News, Kik, and TEDxToronto, have set them apart from other agencies.

“The company culture at Shopify is very similar to ours,” said Kanwar. “We both focus on creating amazing high-quality products, and we make sure to have a great time doing it. Joining the Shopify team will let us continue the kind of work we’re passionate about, in a new, fast-growing field. We’re so excited – I can’t imagine a better fit for Jet Cooper.”

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About Shopify

Shopify is the leading omni-channel commerce platform. Merchants use Shopify to design, set up, and manage their stores across multiple sales channels, including mobile, web, social media, marketplaces, brick-and-mortar locations, and pop-up shops. The platform also provides merchants with a powerful back-office and a single view of their business, from payments to shipping. The Shopify platform was engineered for reliability and scale, making enterprise-level technology available to businesses of all sizes. Headquartered in Ottawa, Canada, Shopify currently powers over 800,000 businesses in approximately 175 countries and is trusted by brands such as Nestle, Kylie Cosmetics, Allbirds, MVMT, and many more.