Shopify Partner Bold Commerce Grows, with Hopes to Expand Beyond Ottawa’s Giant Platform

Winnipeg-based Bold Commerce, once known as Shopify’s largest app developer, recently closed its $35 million CAD Series B funding round. The Series B financing was lead by OMERS Ventures, with participation from investors Whitecap Venture Partners and Round 13 Capital. All three companies are Canadian-based funds. It is the largest financing of a Canadian tech company led by OMERS Venture since 2018, who notably led Shopify’s Series C financing in 2013.
Bold Commerce currently works with more than 90,000 brands in over 170 countries. The company provides a modular suite of products including checkout, subscriptions and price rules to help e-commerce retailers extend their platform capabilities. Their dynamic pricing model allows it to maximize profit from every customer regardless of size, which separates Bold Commerce from most software developers. Their platforms include Shopify rivals BigCommerce and WooCommerce and larger merchants who typically don’t use Shopify (who primarily targets small-and medium-sized sellers).
Following a year of accelerated growth for e-commerce retailers during the pandemic, Bold Commerce plans to expand operations and advance their network of tools and integrations for e-commerce stores worldwide.
Author: Shannon Skillings
Image by https://unsplash.com/@proxyclick
Authors
Expertise
Insights
-
Technology
Canadian Legal Tech Company, Clio, Acquires UK-based ShareDo
In a strategic move to expand its services to large law firms, BC-based legal technology company Clio has acquired UK-based ShareDo. Founded in 2011, ShareDo is a provider of adaptive work management… -
Technology
The 2025 TSX Venture 50 List
The 2025 TSX Venture 50 list has been released, showcasing the top 50 best-performing companies on the TSX Venture Exchange (“TSXV”) over the past year. This year’s list was compiled based on a new… -
Litigation and Dispute Resolution
Court Declines to Rule Out Duty of Care Owed by Social Media Platforms to School Boards
In Toronto District School Board v. Meta Platforms Inc. et al. (2025 ONSC 1499), Ontario Superior Court Justice Leiper dismissed a motion to strike a lawsuit commenced by the Toronto District School… -
Technology
Startup Jump Offers Freelancers Full-Time Contracts with Employee-Like Perks
Jump, a French startup, provides freelancers with full-time contracts, giving them the stability of traditional employment while maintaining their independence. Freelancers can manage billing through… -
Technology
“Leena Mo, CEO” Uses Storytelling to Foster Young Entrepreneurs
In a heartwarming quest to explain her complicated job to her young children, Deena Shakir, an investor at Lux Capital, turned to creativity. Shakir, known for her investments in innovative health… -
Technology
The Future of TikTok and Rise of New Competitors
TikTok, the popular app owned by the Chinese company ByteDance, has raised significant concerns in the US regarding potential content and data manipulation by the Chinese government. These concerns…