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Shopify Appoints Mikhail Parakhin As Chief Technology Officer

PUBLIC · SHOPAug 28, 2024•almost 2 years ago

Position

Chief Technology Officer

Company

Shopify

Mikhail Parakhin
OttawaInformation TechnologyE CommerceRetail

Description

Shopify welcomes Mikhail Parakhin, a renowned machine learning (ML) expert, as the new Chief Technology Officer. In his new role, Mikhail will lead the engineering and data organizations to drive Shopify's advancement in ML, AI, and overall e-commerce technology.

Company Information

Company

Shopify

Location

Ottawa, Ontario, Canada

About

Shopify is a leading global commerce company, providing trusted tools to start, grow, market, and manage a retail business of any size. Shopify makes commerce better for everyone with a platform and services that are engineered for reliability, while delivering a better shopping experience for consumers everywhere. Shopify powers millions of businesses in more than 175 countries and is trusted by brands such as Allbirds, Gymshark, PepsiCo, Staples, and many more.

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ML-powered predictions for Shopify's next move

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Executive Insights

Based on hiring data
New executive impact window
87% of new executives make significant technology decisions within first 100 days
Budget influence
C-level executives control 73% of technology spending decisions
Transformation catalyst
65% of new senior hires launch digital transformation initiatives
Vendor review timeline
New executives typically review existing vendors within 6 months

Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals — including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications — based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include FundzWatch™ for automated website change detection, Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 200,000+ companies. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.