10 Biggest SaaS Companies in the World

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5. Shopify Inc. (NYSE:SHOP)

Latest Value: $55.51 billion

Shopify Inc. (NYSE:SHOP) is a commerce SaaS company whose platform enables merchants to market and sell their products, manage their inventory, and secure financing.

66 of the 943 hedge funds part of Insider Monkey’s Q4 2022 survey had bought a stake in the company. Shopify Inc. (NYSE:SHOP)’s largest hedge fund investor is Catherine D. Wood’s ARK Investment Management which owns 13.2 million shares that are worth $460 million.

Follow Shopify Inc. (NYSE:SHOP)

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