Portkey vs Shopify
Side-by-side comparison of AI visibility scores, market position, and capabilities
Raised $15M Series A (Elevation Capital, Lightspeed) Feb 2026. Gateway open-sourced Mar 2026. Processing 1T+ tokens/day across 24,000+ orgs. Manages $180M+ annualized AI spend.
About
Portkey is an AI gateway and observability platform that sits in the traffic path between enterprises and AI model APIs — routing, governing, monitoring, and cost-managing every LLM request in production. The company raised $15 million in Series A financing in February 2026 from Elevation Capital and Lightspeed Venture Partners, followed by open-sourcing its gateway in March 2026, driving adoption acceleration across its already 24,000+ organization user base. The platform processes over 1 trillion tokens per day and manages $180 million+ in annualized AI API spend.
NYSE: SHOP e-commerce platform at $8.88B FY2024 revenue with $292.28B GMV across 4.82M stores; Black Friday $11.5B processing competing with WooCommerce and BigCommerce for small-to-enterprise direct-to-consumer commerce.
About
Shopify Inc. is an Ottawa, Canada-based e-commerce platform — listed on NYSE (NYSE: SHOP) — providing 4.82+ million active merchant stores of all sizes (from solo entrepreneurs to enterprise brands) with tools for online store creation, multi-channel selling (web, mobile, social, in-person), payment processing (Shopify Payments, Shop Pay), inventory management, fulfillment, and marketing analytics, generating $8.88 billion in revenue in fiscal year 2024 (+26% year-over-year) with $292.28 billion in gross merchandise volume (GMV, +24%) and 875+ million customers who have purchased from Shopify merchant stores. Founded in 2006 by Tobias Lütke, Daniel Weinand, and Scott Lake (started as a snowboard equipment store, pivoted to become the platform), Shopify has become the operating system for independent commerce — the default e-commerce infrastructure for the direct-to-consumer brand economy.
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