Emerging and High Growth Companies

Shopify in its $100 million strategic investment in Klaviyo

Shopify

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Expertise
Emerging and High Growth Companies Retail and Consumer Products
Key Contact
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

Team
Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto

 

On August 2, 2022, Shopify announced it has made a $100 million strategic investment in Klaviyo, an e-commerce marketing automation platform. With this investment, Klaviyo and Shopify will strengthen their existing partnership by making Klaviyo the recommended email product for Shopify’s premium merchant plan while granting Klaviyo early access to in-development Shopify features.

Shopify is an Ottawa-based multinational e-commerce platform.

Osler, Hoskin & Harcourt LLP advised Shopify with a team consisting of Gary Marshall and Sahil Chopra (Emerging and High Growth Companies).

Value
$100 million
Date Closed
August 2, 2022
Lead Office
Toronto
Key Contact
Gary Marshall

Partner, Emerging and High Growth Companies, Toronto

Team
Sahil Chopra

Associate, Emerging and High Growth Companies, Toronto

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