Work Here?
Lightspeed Commerce
Work Here?
POS software for SMB retailers and restaurants
Lightspeed Commerce
Work Here?
POS software for SMB retailers and restaurants
About Lightspeed Commerce
Industries
Enterprise Software
Fintech
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Montreal, Canada
Founded
2005
Overview
Lightspeed Commerce provides software solutions tailored for small and medium-sized retailers and restaurants. Their main product is a point-of-sale (POS) system that helps businesses manage various operations, engage with customers, and process payments. This system allows users to track sales, manage inventory, and analyze customer data, all from a single platform. Unlike many competitors, Lightspeed focuses specifically on the needs of SMBs, offering a subscription-based model that ensures ongoing support and updates. The company's goal is to empower these businesses to grow and succeed in the competitive global market.
Simplify's Take
What believers are saying
- Growing demand for contactless payment solutions boosts Lightspeed's market potential.
- Increased adoption of cloud-based POS systems benefits Lightspeed's scalable solutions.
- Expansion of omnichannel retail strategies aligns with Lightspeed's integrated platform.
What critics are saying
- Emerging fintech startups threaten Lightspeed's market share with rapid innovation.
- AI-driven POS systems may outpace Lightspeed if they don't adapt quickly.
- Economic instability in key markets could impact Lightspeed's revenue.
What makes Lightspeed Commerce unique
- Lightspeed offers a unified platform for retail and hospitality businesses.
- The company provides a comprehensive suite of tools for SMBs globally.
- Lightspeed's subscription model ensures predictable revenue and customer retention.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$651.4M
Above
Industry Average
Funded Over
7 Rounds
AccelBenefits
Health Insurance
Unlimited Paid Time Off
Flexible Work Hours
Paid Leave
Extended Healthcare Benefits
Mental Health Support
Lightspeed Equity Scheme
Health & Wellness Credit
Volunteer Day
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↓ -1%2 year growth
↑ 0%Emversity will use the fund to double its presence by expanding from 36 to over 75 campuses across the country, founder Vivek Sinha said in an interaction with YourStory.
Independent Variable Robot Technology (X Square Robot) has completed a Pre-A++ funding round, raising several hundred million RMB. The round was led by Lightspeed China Partners and Legend Capital, with participation from Beijing Robot Industry Fund and Shenqi Capital. The funds will be used to train and deploy their next-generation unified embodied intelligence general model. The company focuses on an end-to-end model covering perception to action, aiming for advanced generalization and adaptability in robotics.
SolarSquare has raised $40 million in what is the largest venture round in India’s solar sector.
Bengaluru, Thursday, 18th April 2024: Beyond Odds Technologies, founded by former OYO and Unacademy senior executive Vivek Sinha, announced their seed investment of $11 million led by Matrix Partners India and Lightspeed, to build an employability-led training, certification, and recruitment platform for grey collared workforce. Other investors that participated in the round included InnoVen Capital (a Temasek subsidiary) and Alteria Capital. The company is also backed by reputed angel investors including Ritesh Agarwal (Founder, OYO), Gaurav Munjal (Founder, Unacademy), Mayank Kumar (Founder, Upgrad), Ramakant Sharma (Founder, Livspace), Abhishek Goyal (Founder, Tracxn), Rohit MA (Founder, CloudNine Hospitals), Sumer Juneja (Managing Partner, SoftBank), Puneet Kumar (Managing Director, Steadview Capital), and Abhinav Sinha (COO, OYO). The company aims to solve for the shortage of skilled labour-force in key nation-building sectors such as healthcare, education, hospitality, and construction. The platform will train candidates at scale and with high standards through programs that include ‘hands-on’ training with industry partners. In addition to tech-enabled training, it will also open physical centres to help create a ‘job-ready’ talent pool.
Matrixport, a crypto services provider, has closed a $100 million Series C funding round with a valuation of over $1 billion.The round was led by partners of DST Global, C Ventures and K3 Ventures, according to a press release on Monday.Qiming Venture Partners, CE Innovation Capital, Tiger Global, Cachet Group, Palm Drive Capital, Foresight Ventures and A&T Capital also participated.Funding will go toward furthering research and development for its product offerings and security while enhancing the platform’s user experience, the firm said.To date, the Singapore-based start-up has raised $129 million.As of March 2021, the company said it holds over $10 billion in assets under management and has recorded $5 billion in monthly transactions across all products.Related StoriesCoinDCX in Talks With Facebook Co-Founder to Raise Up to $120M: ReportLending Platform Vauld Raises $25M in Round Led by Peter Thiel-Founded Venture FirmGenesis Digital Assets Raises $125M to Fuel US and Nordic ExpansionBiconomy Raises $9M to Make Building Dapps Easier for Developers
Lightspeed Commerce is Hiring for 170 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Lightspeed Commerce
Industries
Enterprise Software
Fintech
Company Size
1,001-5,000
Company Stage
IPO
Headquarters
Montreal, Canada
Founded
2005
Lightspeed Commerce is Hiring for 170 Jobs on Simplify!
Find jobs on Simplify and start your career today