Pixel Union Design Ltd.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

Pixel Union Design Ltd. - overview

Established

2009

Location

Victoria, BC-British Columbia, Canada

Primary Industry

Internet

About

Pixel Union Design Ltd. specializes in developing premium Shopify themes that enhance the eCommerce experience by providing visually appealing and user-friendly templates tailored for diverse online retail businesses. Founded in 2009 in Victoria, Canada, Pixel Union Design Ltd. focuses on creating high-quality Shopify themes.


The company has successfully raised USD 12. 00 mn in its most recent funding round in May 2019 from Growth and Transition Capital. Andrew Wilkinson is the founder of Pixel Union, with Grant Storry serving as CEO. Pixel Union specializes in the development of premium Shopify themes designed to enhance the eCommerce experience across various devices.


Their core product offerings focus on providing richly designed, user-friendly templates that cater to a diverse range of online retail businesses. Key products include flagship themes such as Atlantic, Empire, and Tailor, which are tailored for specific industries and use cases, including fashion, lifestyle, and general merchandise. Pixel Union serves a global client base, with products reaching markets including North America, Europe, and Australia, addressing the needs of both small and large-scale retailers seeking to establish or enhance their online presence. Pixel Union generates revenue through direct sales of its Shopify themes to various eCommerce businesses, primarily through Business-to-Consumer (B2C) sales.


Customers purchase themes directly from the Pixel Union website, securing licenses for use on their Shopify platforms, with a pricing model that typically involves one-time payments for individual themes. This revenue model is further supported by ancillary services such as customization support and an affiliate program, establishing partnerships and fostering growth within the eCommerce ecosystem. Following the USD 12. 00 mn funding round in May 2019, Pixel Union plans to invest in the development of new Shopify themes aimed at enhancing user experiences.


The company targets expansion into European and Australian markets to reach new customer segments by 2023. The recent funding will be utilized to accelerate product development and marketing efforts to support these initiatives.


Current Investors

Growth and Transition Capital

Primary Industry

Internet

Sub Industries

Web Development

Website

www.pixelunion.net

Company Stage

Early Stage

Total Amount Raised

Subscriber access only

Pixel Union Design Ltd. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Unspecified RoundCompletedPixel Union Design Ltd.-

Displaying 1 - 1 of 1

Pixel Union Design Ltd. - employee data

Blurred Background

Want to see Employee Count?

Request a demo for full access to this profile.

GoingPro

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.