Material Retail said Shoptiques was stagnating from 2017-2022 with declining sales, which prompted a major Shopify migration to reverse the trend.
SourceShoptiques.com lets you shop the world's best local boutiques online.
Public company, workplace, funding, and market signals
Shoptiques is the consumer-facing marketplace for a New York–based retail technology business now branded Material Retail. It connects independent fashion boutiques with shoppers looking for curated, one-of-a-kind merchandise, and also provides related merchant software/services for boutiques.
Primary product
Shoptiques.com curated boutique-fashion marketplace
Founded
2012
Headquarters
41 East 11th Street, 11th Floor, New York, NY 10003, USA
Team size
11-20
Industry
Retail Apparel and Fashion
Sub-industry
Online boutique marketplace / retail SaaS
Offices
0 jobs at Shoptiques
Check back later for new openings
Business model
Stage
Seed
Total raised
$3M
Latest round
Loan · Apr 2020
Latest amount
$250K
Leadership
Founder and strategic advisor
Co-CEO & CTO
Co-CEO & COO
Founders
Dan Morin
Co-founder
Jeff Morin
Co-founder
Peter Delahunty
Co-founder and former CTO
Investors
Mission-driven and customer-centric, with a very lean team focused on helping independent retailers sell in-store and online. Public material suggests a test-and-learn culture with an emphasis on operational efficiency and growth.
Visa sponsorship
Limited
Compensation
Public compensation data is sparse. Historic H1B sponsor data shows 5 LCAs with average offered pay around $66k; sampled roles ranged from about $45k for customer service to $95k for computer programmers.
Pricing
Marketplace take rate / percentage of sales, plus merchant software and managed ecommerce services
Differentiators
Technology
Customers
Competitors
Estimated revenue
$1M-$10M
Estimated monthly visits
97.6K
Traffic estimate as of Apr 2026
Material Retail said Shoptiques was stagnating from 2017-2022 with declining sales, which prompted a major Shopify migration to reverse the trend.
SourceMaterial Retail blog · Jan 2025
Summarizes analysis of hundreds of millions of dollars in sales and argues boutiques with strong brand partnerships are outperforming.
Material Retail blog · Dec 2024
Announces the Material rebrand while saying the Shoptiques marketplace remains unchanged and the broader business/product scope has expanded.
Material Retail blog · Jul 2024
Describes the marketplace’s stagnation, the March 2023 move to Shopify, and reported improvements in conversion rate and year-over-year sales.
Material Retail blog · Jun 2024
Outlines the company’s merchant growth playbook, target verticals, and the take-rate / percentage-of-sales pricing model.