About Lightspeed HQ
Lightspeed HQ is a company based in Montreal (Canada) founded in 2005 by Dax Dasilva.. Lightspeed HQ has raised $322 million across 6 funding rounds from investors including SVB, Accel and Caisse de depot et placement du Quebec. The company has 3,000 employees as of March 31, 2024. Lightspeed HQ has completed 12 acquisitions, including Chronogolf, Ecwid and Effortless Money. Lightspeed HQ offers products and services including Retail Point of Sale, Payments, eCommerce, and Inventory Management. Lightspeed HQ operates in a competitive market with competitors including Square, Toast, SpotOn, Bazaarvoice and Clover, among others.
- Headquarter Montreal, Canada
- Employees 3000 as on 31 Mar, 2024
- Founders Dax Dasilva
- Stage Public
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Sectors
TechnologyConsumer Retail
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Lightspeed Commerce Inc
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Annual Revenue
$1.04 B (USD)22.14as on Mar 31, 2024
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Net Profit
$-645 M (USD)-319.66as on Mar 31, 2024
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EBITDA
$-19.45 M (USD)74.76as on Mar 31, 2024
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Total Equity Funding
$322 M (USD)
in 6 rounds
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Latest Funding Round
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Investors
SVB
& 4 more
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Employee Count
3000
as on Mar 31, 2024
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Investments & Acquisitions
Chronogolf
& 11 more
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IPO & Listings of Lightspeed HQ
Lightspeed HQ is a publicly listed company on the TSX with ticker symbol LSPD in Canada, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Products & Services of Lightspeed HQ
Lightspeed HQ offers a comprehensive portfolio of products and services, including Retail Point of Sale, Payments, eCommerce, and Inventory Management. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for retail sales and inventory tracking.
Integrated tools for secure transaction handling.
Platform for managing online stores and orders.
System for tracking and optimizing inventory levels.
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Software Development Team
189 people
Product Management Team
94 people
Leadership Team
55 people
Sales and Marketing
49 people
Senior Team
36 people
Human Resources and Administration
24 people
Operations Team
23 people
Finance and Accounting
14 people
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Funding Insights of Lightspeed HQ
Lightspeed HQ has successfully raised a total of $322M across 6 strategic funding rounds. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 6
- Last Round Last Round
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First Round
First Round
(11 Jun 2012)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2017 | Amount | Debt – Conventional - Lightspeed HQ | Valuation |
investors |
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| Oct, 2017 | Amount | Series D - Lightspeed HQ | Valuation | Caisse de depot et placement du Quebec | |
| Sep, 2015 | Amount | Series C - Lightspeed HQ | Valuation | Caisse de depot et placement du Quebec , Invest Quebec |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lightspeed HQ
Lightspeed HQ has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include SVB, Accel and Caisse de depot et placement du Quebec. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Investment strategies are provided across diverse asset classes and markets.
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Founded Year | Domain | Location | |
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Investments are made in early-stage technology companies by Inovia Capital.
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Founded Year | Domain | Location | |
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Accel is recognized as a leading venture capital firm.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lightspeed HQ
Lightspeed HQ has strategically engaged in corporate development activities, having acquired 12 companies. Notable acquisitions include Chronogolf, Ecwid and Effortless Money. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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White label mobile payment apps are provided for merchants.
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2014 | ||||
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Cloud-based software for golf course management and booking is provided.
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2012 | ||||
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Cloud-based PoS solutions are provided for multi-platform devices.
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2012 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Lightspeed HQ
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lightspeed Hq Comparisons
Competitors of Lightspeed HQ
Lightspeed HQ operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Square, Toast, SpotOn, Bazaarvoice and Clover, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
POS solutions are provided for retail businesses.
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| domain | founded_year | HQ Location |
Restaurant operations are managed via a cloud-based platform.
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| domain | founded_year | HQ Location |
Provider of cloud-based POS software solutions for businesses and service providers
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| domain | founded_year | HQ Location |
Provider of SaaS based marking solution
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| domain | founded_year | HQ Location |
Cloud-based mPOS system for small business operations is offered.
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| domain | founded_year | HQ Location |
POS solutions are provided to offline retailers via mobile devices.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lightspeed Hq
Frequently Asked Questions about Lightspeed HQ
When was Lightspeed HQ founded?
Lightspeed HQ was founded in 2005 and raised its 1st funding round 7 years after it was founded.
Where is Lightspeed HQ located?
Lightspeed HQ is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Is Lightspeed HQ a funded company?
Lightspeed HQ is a funded company, having raised a total of $322M across 6 funding rounds to date. The company's 1st funding round was a Series C of $61M, raised on Jun 11, 2012.
How many employees does Lightspeed HQ have?
As of Mar 31, 2024, the latest employee count at Lightspeed HQ is 3,000.
What is the annual revenue of Lightspeed HQ?
Annual revenue of Lightspeed HQ is $1.04B as on Mar 31, 2024.
What does Lightspeed HQ do?
Lightspeed was founded in 2005 in Montreal, Canada, as a provider of cloud-based POS management software. Operations focus on sectors such as restaurants, fashion, automobiles, and pet stores. Services encompass order management, inventory tracking, customer relations, sales processing, and analytics tools. The platform supports retail and hospitality businesses through integrated digital solutions.
Who are the top competitors of Lightspeed HQ?
What products or services does Lightspeed HQ offer?
Lightspeed HQ offers Retail Point of Sale, Payments, eCommerce, and Inventory Management.
Is Lightspeed HQ publicly traded?
Yes, Lightspeed HQ is publicly traded on TSX under the ticker symbol LSPD.
How many acquisitions has Lightspeed HQ made?
Lightspeed HQ has made 12 acquisitions, including Chronogolf, Ecwid, and Effortless Money.
Who are Lightspeed HQ's investors?
Lightspeed HQ has 5 investors. Key investors include SVB, Accel, Caisse de depot et placement du Quebec, Invest Quebec, and Inovia Capital.
What is Lightspeed HQ's ticker symbol?
The ticker symbol of Lightspeed HQ is LSPD on TSX.
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