What is Lightspeed Commerce's business focus and history?

Lightspeed Commerce is a publicly funded company based in Montréal, Canada, founded in 2005 by Dax Dasilva. It operates as a leading point-of-sale and e-commerce software provider, offering cloud-based solutions to retail, hospitality, and golf businesses worldwide. Lightspeed Commerce has raised significant funding, including a $276 million Post-IPO Equity round in September 2021. The company has several active competitors, including Square, Shopify, and Toast. Its top competitors include companies like Square, Shopify, and Toast.

Lightspeed Commerce Corporate Details & Core Services

Lightspeed Commerce is a leading point-of-sale and e-commerce software provider, offering cloud-based solutions to retail, hospitality, and golf businesses worldwide.

Lightspeed Commerce Contact Information & Official Links

Website https://www.lightspeedhq.com/
Social        
Email id info@lightspeedhq.com
Phone number 866-932-1801
Head office address Montréal, Quebec, Canada
Tags Point of Sale E-commerce Retail Hospitality Golf Cloud-based Solutions

What are Lightspeed Commerce's Key Business Metrics & Stats?

No of employees 5000
Founded year 2005
Type public
SAICS CODE 7372
NAICS Code 511210
Industry Software
Location Montréal, Quebec, Canada
Subsidiary Company nuorder.com
Stock Name LSPD (NYSE), LSPD (TSX)
Other website lightspeedhq.ca, lightspeedhq.co.uk, lightspeedhq.com.au
Pricing Strategy Subscription-based, Tiered Pricing
Lightspeed Commerce LSPD (NYSE), LSPD (TSX) Firmographic Snapshot 2026 2005 Founded Year 5000 Global Employees Canada Headquarters Software Industry Public Type Verified by DexterAgent.ai

How much funding has Lightspeed Commerce raised to date?

Name Description
Funding Amount USD 276 Million
Stage Post-IPO Equity
Latest Valuation 1.4 Billion (USD)
Lead Investor Caisse de dépôt et placement du Québec
Investors Caisse de dépôt et placement du Québec, Investissement Québec

What are Lightspeed Commerce's Core Products?

Name Description
Lightspeed Retail A comprehensive point-of-sale system for retail businesses, offering inventory management, sales analytics, and customer relationship tools.
Lightspeed Restaurant A POS system tailored for the hospitality industry, providing table management, order tracking, and integration with kitchen display systems.
Lightspeed eCommerce An online store platform that enables businesses to sell products online, manage inventory, and process payments seamlessly.
Lightspeed Golf A management system for golf courses, offering tee sheet management, pro shop sales, and customer engagement tools.

What are the latest developments at Lightspeed Commerce?

Date Type Description
October, 2023 Product Launch Lightspeed releases new features leveraging data and AI to simplify business operations.
November, 2023 Partnership Lightspeed launches its Luminaries Series with boutique hotel brand Life House.

What industry awards and recognitions has Lightspeed Commerce received?

Date Type Description
November, 2022 Recognition Life House, a partner of Lightspeed, named Most Innovative Company in Travel by Fast Company.

Lightspeed Commerce VS Square VS Shopify VS Toast : 2026 Comparison

Feature Lightspeed Commerce Square Shopify Toast
Core Strengths Lightspeed Retail, Lightspeed Restaurant, Lightspeed eCommerce, Lightspeed Golf Square Reader, Square Stand, Square Register, Square Terminal, Square Online, Square Appointments, Square Payroll, Square Capital Shopify Platform, Shopify Payments, Shopify POS Point of Sale System, Online Ordering and Delivery, Payroll and Team Management, Marketing Suite, Inventory Management
Founded Year 2005 2009 2006 2012
Stock Name/Ticker LSPD (NYSE), LSPD (TSX) SQ (NYSE) SHOP (NYSE), SHOP (TSX) TOST (NYSE)
Type public public public public
Global Employees 5000 11372 8100 5700
Revenue (Annual) $500 Million(2025) $7.7 Billion(2024) $563 Million(2024) $3 Billion(2024)
Headquarters Montréal, Quebec, Canada San Francisco, California, United States Ottawa, Ontario, Canada Boston, Massachusetts, United States
Latest Valuation $1.4 Billion $29 Billion $146.7 Billion $20 Billion
LATEST REVENUE (TRILLIONS USD) EMPLOYEE COUNT (THOUSANDS) INNOVATORS VISIONARIES DISRUPTORS GIANTS Square 7.7 | 11372 Shopify 563 | 8100 Toast 3 | 5700 Competitive Landscape 2026 DexterAgent.ai
Name Description
Legal Name Lightspeed Commerce Inc.
Cin number
GST number
Registration number 1163884376

Who is in Lightspeed Commerce's executive leadership team?

Name Designation
CEO Jean-Paul Chauvet
COO Brandon Nussey
CFO Asha Bakshani

Where are Lightspeed Commerce's primary office locations?

City Country
New York USA
Toronto Canada
London UK
Amsterdam Netherlands
Berlin Germany
Melbourne Australia

What are the current business signals and market intelligence for Lightspeed Commerce?

Spending next 3 months Product Development, Market Expansion, Customer Support Enhancement
Pain points Inventory Management, Sales Tracking, Customer Engagement
Sales motion Direct Sales, Channel Partners, Online Sales
Buyer Persona Small to Medium Business Owners, Retail Managers, Restaurant Owners
Type of customer Retailers, Restaurants, Golf Courses
Key customer domain lifehousehotels.com
Annual ACV $5,000 - $50,000

What is Lightspeed Commerce's annual revenue history?

Year Revenue (USD)
2025 500 Million

What are Lightspeed Commerce's risk management and compliance ratings?

GDPR RIsk No
Privacy Risk No
Company Ratings 4.2
Glassdoor Rating 4

What are Lightspeed Commerce's business model and service classifications?

Saas Yes
Offline Stores No
Service Yes
Ecommerce Yes
Exporter Yes
Mobile App Yes
Retail Yes
B2B Yes
B2C No
Manufacturing No
Wholesale Yes
Importer No
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