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  "markdown": "Corporate investor.\n\nWebsite: https://www.shopify.com\n\n## Companies on Anchor Terminal\n\n- **Codat Limited**, Series C, June 2022\n  - [Codat](https://www.anchorterminal.com/tools/codat.md), graded B, 64.5/100\n  - Source: https://www.indexventures.com/perspectives/codat-raises-100-million-to-build-the-internet-for-business-data-and-announces-jp-morgan-shopify-plaid-as-investors/\n- **fal (Features \u0026 Labels, Inc.)**, Series C, July 2025, Series D, December 2025, through Shopify Ventures\n  - [fal image models](https://www.anchorterminal.com/tools/fal-image.md), graded B, 65.5/100\n  - [fal music models](https://www.anchorterminal.com/tools/fal-music.md), graded B, 68.5/100\n  - [fal video models](https://www.anchorterminal.com/tools/fal-video.md), graded B, 69.1/100\n  - Source: https://blog.fal.ai/series-c/\n- **Gorgias**, Series C-2, May 2024\n  - [Gorgias API + MCP](https://www.anchorterminal.com/tools/gorgias.md), graded D, 51/100\n  - Source: https://www.gorgias.com/blog/series-c2-ai-powered-cx\n- **AgentHub Inc.**, Series B, March 2026, through Shopify Ventures\n  - [Gumloop](https://www.anchorterminal.com/tools/gumloop.md), graded C, 61.6/100\n  - Source: https://thelogic.co/briefing/gumloop-raises-us50m-series-b-for-ai-agent-building-tools/\n- **Sanity US Inc. and Sanity AS**, Strategic investment, June 2022\n  - [Sanity](https://www.anchorterminal.com/tools/sanity.md), graded BB, 73.7/100\n  - Source: https://www.sanity.io/blog/shopify-invests-in-sanity-connecting-commerce-with-content\n\n## Where they invest\n\n- Accounting \u0026 invoicing, 1\n- Image generation, 1\n- Music generation, 1\n- Video generation, 1\n- Customer support \u0026 helpdesk, 1\n- Workflow automation, 1\n- CMS \u0026 website publishing, 1\n\n## Founders they backed\n\n- [Pete Lord](https://www.anchorterminal.com/people/pete-lord/), Codat Limited\n- [Alex Cardona](https://www.anchorterminal.com/people/alex-cardona/), Codat Limited\n- [David Hoare](https://www.anchorterminal.com/people/david-hoare/), Codat Limited\n- [Burkay Gur](https://www.anchorterminal.com/people/burkay-gur/), fal (Features \u0026 Labels, Inc.)\n- [Gorkem Yurtseven](https://www.anchorterminal.com/people/gorkem-yurtseven/), fal (Features \u0026 Labels, Inc.)\n- [Romain Lapeyre](https://www.anchorterminal.com/people/romain-lapeyre/), Gorgias\n- [Alex Plugaru](https://www.anchorterminal.com/people/alex-plugaru/), Gorgias\n- [Max Brodeur-Urbas](https://www.anchorterminal.com/people/max-brodeur-urbas/), AgentHub Inc.\n- [Magnus Hillestad](https://www.anchorterminal.com/people/magnus-hillestad/), Sanity US Inc. and Sanity AS\n- [Simen Svale Skogsrud](https://www.anchorterminal.com/people/simen-svale-skogsrud/), Sanity US Inc. and Sanity AS\n- [Even Westvang](https://www.anchorterminal.com/people/even-westvang/), Sanity US Inc. and Sanity AS\n\n## Questions\n\n### Which AI tools has Shopify invested in?\n\nAnchor Terminal lists Codat Limited, fal (Features \u0026 Labels, Inc.), Gorgias, AgentHub Inc. and Sanity US Inc. and Sanity AS backed by Shopify.\n\n### How are Shopify's companies graded?\n\nOn Anchor Terminal's benchmark, Codat (B, 64.5), fal image models (B, 65.5), fal music models (B, 68.5), fal video models (B, 69.1), Gorgias API + MCP (D, 51), Gumloop (C, 61.6) and Sanity (BB, 73.7).\n\nInvestors are named from the companies' own announcements, the investors' own pages, Y Combinator's company pages, public filings and news reports of a round, each with its source. An investor isn't a sign of quality, and nobody can pay to be listed or to change a grade. To correct something or have a page removed, write to privacy@anchorterminal.com.\n",
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