Shogun Stock
| Valuation | $575M1 |
| Valuation Date | Jun 30, 2021 |
| Implied Valuation | n/a |
| Last Price | $20.43 |
| 52-Week High | $20.43 |
| 52-Week Low | $20.43 |
| YTD Return | +0.00% |
| 1-Year Return | +0.00% |
| 3-Year Return | +0.00% |
| Total Funding | $114.6M2 |
| Latest Round Amount | $67.5M2 |
| Latest Round | Series C |
| Funding Rounds | 4 |
| IPO Status | Unknown |
| Expected IPO Date | n/a |
| Revenue | n/a |
| Revenue Type | n/a |
| P/S Ratio | n/a |
About Shogun
Shogun is an ecommerce experience platform that helps online merchants build and optimize their storefronts without writing code. Its core product, Page Builder, is a drag-and-drop editor for creating store pages on Shopify and BigCommerce. It is one of the most widely used page builder apps on the Shopify App Store. The company has more recently expanded into conversion optimization with A/B testing, personalization and AI section building apps. Shogun makes money by charging merchants recurring software subscriptions. The company went through Y Combinator in 2018 and operates as a fully remote team.
Invest in Shogun
Shogun is a private company, so you can't purchase it with a regular brokerage account. However, its shares are available on Clarity (formerly Hiive).
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News
Introducing the Shogun MCP
Shogun launched an MCP connector in October 2026 so merchants can analyze and manage A/B test data through AI assistants such as Claude and ChatGPT.
Shogun Publishes H1 2026 Consumer Electronics Ecommerce Benchmarks
Shogun released its H1 2026 benchmark report for consumer electronics merchants, citing a 1.39% median conversion rate across 745 active Shopify stores.
Consumer Electronics Ecommerce Benchmarks in 2026
Shogun published its H1 2026 ecommerce benchmark report for consumer electronics, showing a 1.39% median conversion rate and $381 median average order value across 745 active Shopify stores.
Introducing Shipping Tests in Shogun A/B Testing
Shogun launched Shipping Tests within its A/B Testing platform, letting Shopify Plus and Advanced merchants run controlled experiments on shipping rates and delivery options without code.
Shogun names Pack sole migration partner as Frontend winds down
Shogun selected Pack as the sole recommended technology partner for remaining Shogun Frontend customers, with both companies supporting migrations over a 9–12 month transition period.
Shogun names Phillip Moorman CEO as Nick Raushenbush steps back
Co-founder Nick Raushenbush announced that COO Phillip Moorman succeeded him as Shogun's CEO in September 2025, with Moorman continuing to lead the ecommerce optimization platform's Page Builder, A/B ...
Shogun Launches a New Era of Optimization and Generative AI Features for Ecommerce Merchants
Shogun announced Shogun AI and Shogun Insights, adding generative AI and analytics features to its no-code page builder for Shopify and BigCommerce merchants.
Shogun, a front-end e-commerce page builder, nabs $67.5M as retailers look for alternatives to marketplaces
Shogun raised a $67.5 million Series C led by Insight Partners at a $575 million valuation, bringing its total funding to $114.5 million. The company said the capital would go toward its Page Builder ...
Shogun raises $35M to help brands take on Amazon with faster and better sites of their own
Shogun raised a $35 million Series B led by Accel after growing 182% in a year to 15,000 merchant customers. Individual investors in the round included executives from Webflow, Magento and Gorgias.
Shogun raises $10M to help e-commerce brands build faster websites
Shogun announced a $10 million Series A led by Initialized Capital with participation from VMG Partners and Y Combinator. The funding supported the launch of Shogun Frontend, its headless commerce pro...
Shogun wants to help businesses easily build a better online storefront
An early profile of Y Combinator-backed Shogun and its drag-and-drop page builder for e-commerce storefronts, published as the company emerged from the YC Winter 2018 batch.