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).