Lightspeed

Lightspeed offers point of sale and eCommerce solutions for merchants and restaurateurs. Read more

555 Followers on Owler
555 Followers on Owler
555 Followers on Owler
555 Followers on Owler

Lightspeed

Lightspeed offers point of sale and eCommerce solutions for merchants and restaurateurs. Read more

Dax Dasilva's photo - Founder & CEO of Lightspeed

Founder & CEO

Dax Dasilva

CEO Approval Rating

93/100

Founded:

2005

Status:

PublicIndependent CompanyTMX Group - Toronto Stock ExchangeLSPD

LIGHTSPEED TOP COMPETITORS OR ALTERNATIVES

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COMPANY

CEO

CEO RATING

EMPLOYEES

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Quetzal POS is seen as one of Lightspeed's top competitors. Quetzal POS was founded in 2012, and is headquartered in Kingston, Ontario. Like Lightspeed, Quetzal POS also competes in the Systems Software industry. Quetzal POS generates $174.6M less revenue vs. Lightspeed.

DdD is a top competitor of Lightspeed. DdD was founded in 1989, and its headquarters is in Koge, Other. Like Lightspeed, DdD also competes in the Fintech field. DdD has 910 fewer employees than Lightspeed.

LS Retail is Lightspeed's #3 rival. LS Retail was founded in Kopavogur, Capital Region} in 1982. Like Lightspeed, LS Retail also works within the Systems Software industry. Compared to Lightspeed, LS Retail generates $105.6M less revenue.

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Lightspeed Quarterly and Annual Revenue

Trailing 12-Months Trend (TTM)

Annual Revenue

$175.6M

Lightspeed's revenue is the ranked 5th among it's top 10 competitors. The top 10 competitors average 1.1B. Over the last three quarters, Lightspeed's revenue has grown by 59%. Specifically, in Q4 2020's revenue was $57.6M; in Q3 2020, it was $45.5M; in Q2 2020, it was $36.2M.

Lightspeed Acquisitions

COMPANY ACQUIRED
ACQUISITION DATE
AMOUNT
DESCRIPTION
Vend Limited

Mar 2021

Source »
$350M
Vend is a retail management platform that provides POS and inventory management solutions for retailers and restaurants.
Upserve, Inc.

Dec 2020

Source »
$430M
Upserve is a restaurant management platform that offers customer retention, point of sale and credit card processing solutions.
ShopKeep, Inc.

Nov 2020

Source »
$440M
ShopKeep develops cloud-based iPad point of sale systems that offers payment processing, inventory management and customer marketing solutions.
Gastrofix GmbH

Jan 2020

Source »
$100.9M
Gastrofix develops a cloud-based platform that offers Point Of Sale solutions for restaurants, bars, hotels, stadiums and coffee shops.
Kounta Holdings Pty. Ltd.

Oct 2019

Source »
$35.3M
Kounta is a provider cloud-based POS solutions for the hospitality industry.

These are all the companies that Lightspeed has acquired. Lightspeed has acquired 10 companies and its latest acquisition was Vend Limited in Mar 2021. Vend is a retail management platform that provides POS and inventory management solutions for retailers and restaurants.

Lightspeed Funding History

Since Lightspeed was founded in 2005, it has participated in 5 rounds of funding. In total Lightspeed has raised $292.0M. Lightspeed's last funding round was on Mar 2019 for a total of $0

ROUND

FUNDING DATE

AMOUNT

INVESTORS

IPO
Mar 2019
--

Series D
Oct 2017
$166M
Series C
Sep 2015
$61M
Series B
Sep 2014
$35M
-
Series A
Jun 2012
$30M

Since Lightspeed was founded in 2005, it has participated in 5 rounds of funding. In total Lightspeed has raised $292.0M. Lightspeed's last funding round was on Mar 2019 for a total of $0

Lightspeed Investments

No recent investments found related to Lightspeed

These are all the companies that Lightspeed has invested in. Lightspeed has invested 10 companies and its latest investment was Vend Limited in Mar 2021. Vend is a retail management platform that provides POS and inventory management solutions for retailers and restaurants.

Lightspeed News

May 11, 2021Digital

Lightspeed, Google Partner to Support Small Businesses | Digital Magazine

E-commerce POS company Lightspeed is partnering with Google to support small businesses with in-store... See more »
April 27, 2021MarketScreener

Announces Fiscal Fourth Quarter and Full Year 2021 Financial Results Conference Call

(marketscreener.com) MONTREAL, April 27, 2021 /PRNewswire/ - Lightspeed POS Inc. , a leading provider... See more »
April 16, 2021Markets Insider

Lightspeed Announces Closing of Acquisition of Vend

Omnichannel commerce leader strengthens global retail customer base, entrenches leadership position i... See more »
April 6, 2021Betakit

Lightspeed launches payments product in UK, Europe

Lightspeed POS is launching its payments product in the United Kingdom (UK) and Europe. Lightspeed Pa... See more »
March 17, 2021Global Legal Chronicle

Lightspeed's $350 Million Acquisition of Vend Limited

G+T advised Square Peg Capital, as a major shareholder, on the sale of its interest in Vend Limited t... See more »
March 16, 2021Cycling Industry News

Lightspeed acquires fellow eCommerce business Vend

E-Commerce giant Lightspeed has announced the acquisition of fellow cloud-based platform Vend Limited... See more »
March 15, 2021Asian Venture Capital Journal

VCs to exit New Zealand-based software developer

Canada's Lightspeed POS, a global technology supplier for consumer-facing businesses, has agreed to b... See more »

Lightspeed Blogs

December 17, 2020Lightspeed Blog

2021 Hospitality Trends: Predictions for the Future of Dining

2020 has been a turbulent year for businesses around the globe. With COVID-19 transforming the world ... See more »
December 15, 2020Lightspeed Blog

4 Ways to Increase Retail Sales With Memberships and Subscription Billing

The way people think about retail is changing, and it’s no longer just about having the best products... See more »
December 14, 2020Lightspeed Blog

Everything you Need to Know About Pausing your Restaurant’s In-house Dining

From Los Angeles to Montreal, local governments are temporarily shutting down on-premise dining for a... See more »
December 11, 2020Lightspeed Blog

Every customer counts: How Pilgrim handles 25x more inquiries weekly

Robert P. Hayes was living in Denmark five years ago when he walked into the Pilgrim store in Århus a... See more »
December 8, 2020Lightspeed Blog

Inventory days on hand: mastering retail inventory

As a retailer, your inventory is the heart of your business. When your stock is stagnant, business is... See more »
December 7, 2020Lightspeed Blog

How Super Saturday can Boost your Retail Holiday Sales (With 5 Proven Approaches by Shopping Revenue Experts)

What a year in retail. Black Friday is barely behind you and now it’s time to turn your attention to ... See more »
December 3, 2020Lightspeed Blog

Experiential Packaging: Stepping Up your Unboxing Experience

From the moment a customer pays for their purchase and checks out of your eCommerce store, their anti... See more »

Lightspeed Press Releases

August 20, 2020Cision Canada

Lightspeed POS Inc. to Participate in Upcoming Virtual Investor Conferences

/CNW Telbec/ - Lightspeed POS Inc. ("Lightspeed" or the "Company") (TSX: LSPD), a leading provider of... See more »
August 7, 2020PR Newswire

Lightspeed Announces Voting Results on the Election of Directors Held During its Annual Shareholders' Meeting

MONTREAL, Aug. 7, 2020 /PRNewswire/ - Lightspeed POS Inc. ("Lightspeed" or the "Company") (TSX: LSPD)... See more »
August 6, 2020PR Newswire

Lightspeed Announces First Quarter 2021 Financial Results, Provides Outlook for Second Quarter

Worldwide Customer Locations Grew to over 77,000 First Quarter Recurring Software & Payments Revenue ... See more »
June 5, 2020EIN Presswire

Amaka Announces the Launch of its New Partner Program With the Release of the Integration Between Lightspeed+Quickbooks

DENVER, COLORADO, USA, June 4, 2020 /⁨EINPresswire.com⁩/ -- Amaka announces the launch of its new Par... See more »
June 3, 2020StreetInsider

Lightspeed POS Inc. to Participate in Upcoming Virtual Investor Conferences

MONTREAL, June 3, 2020 /PRNewswire/ -Â Lightspeed POS Inc. ("Lightspeed" or the "Company") (TSX: LSPD... See more »
May 21, 2020StreetInsider

Local Distillery Partners with Lightspeed POS in COVID-19 Pandemic Response

CHARLOTTE, N.C., May 21, 2020 /PRNewswire/ -- Lightspeed POS, a global technology company, has partne... See more »
April 8, 2020PR Newswire

Lightspeed Provides Business Update

/PRNewswire/ - Lightspeed POS Inc. ("Lightspeed" or the "Company") (TSX: LSPD), a leading cloud-based... See more »

Lightspeed Videos

Social Media

Lightspeed Headquarters

700 St-Antoine Est. Suite 300

Montreal, QuebecH2Y1A6

855-300-7108

Driving Directions »

Trending Companies

Lightspeed Summary

ABOUT

Overview

Lightspeed offers point of sale and eCommerce solutions for merchants and restaurateurs. Lightspeed was founded in 2005. Lightspeed's headquarters is located in Montreal, Quebec, CA H2Y1A6. It has raised 292.0M in 5 rounds. The latest round was in Mar...

CEO

Lightspeed's Founder & CEO, Dax Dasilva, currently has an approval rating of 93%. Lightspeed's primary competitors are Quetzal POS, DdD & LS Retail.

Website

lightspeedhq.com

Frequently Asked Questions about Lightspeed

  1. When was Lightspeed founded?

    Lightspeed was founded in 2005
  2. Who is Lightspeed's CEO?

    Lightspeed's CEO is Dax Dasilva
  3. How much revenue does Lightspeed generate?

    Lightspeed generates $175.6M in revenue
  4. How much funding does Lightspeed have?

    Lightspeed has historically raised $292M in funding
  1. Where is Lightspeed's headquarters?

    Lightspeed's headquarters is in Montreal Quebec, CA
  2. How many employees does Lightspeed have?

    Lightspeed has 1,100 employees
  3. What sector does Lightspeed operate in?

    Lightspeed is in Systems Software, Internet Software, IT Services
  4. Who are Lightspeed's competitors?

    Lightspeed's top competitors are Quetzal POS, DdD, LS Retail