About ShopKeep
ShopKeep is a Retail company based in New York (United States) founded in 2008, and was acquired by Lightspeed in November 2020. Cloud-based point-of-sale software is provided for retailers and restaurants. ShopKeep has raised $162.2 million across 6 funding rounds from investors including Fiserv, Lightspeed HQ and Square 1 Bank. ShopKeep has completed 4 acquisitions, including AmburApp, ChowBOT and Payment Revolution. Its chief executive, as recorded, is Michael DeSimone. ShopKeep offers products and services including Point of Sale, Payments, eCommerce, and Inventory Management. Its focus areas include In Store Retail Tech and POS. Its legal entity is SHOPKEEP INC. Its competitors include Square, Network Merchants and POSaBIT; 3 of its 3 listed competitors have raised funding.
Company details
ShopKeep is a provider of cloud-based point of sale software for managing retail shops and restaurants. It allows business owners to set-up their registers on iPad, accept cash and credit cards with their choice of processor. It can also manage inventory, reports, staff, and customers from any web-enabled device and without extra hardware. The register front-end is synced with the BackOffice (a web portal for managers to view), which provides real-time accurate reports. It also provides hardware such as printer, scanner, card reader to provide a complete checkout-out system. It manages PoS transactions for over 10,000 stores with over 1.8 billion in receipts. ShopKeep also supports Apple Pay.
- Headquarters New York, United States
- Stage Acquired
- SectorsRetail
- Email••••••••
- Phone•••• ••••
- Website shopkeep.com
- Social LinkedIn X Facebook Instagram YouTube
- Acquired by Lightspeed (Nov 2020)
- Legal Name Shopkeep Inc.
- Total Equity Funding$162.2M (USD)
in 6 rounds
- InvestorsFiserv
& 13 more
- Investments & AcquisitionsAmburApp
& 3 more
- Acquired byLightspeed
(Nov 2020)
Products & Services of ShopKeep
ShopKeep offers a comprehensive portfolio of products and services, including Point of Sale, Payments, eCommerce, and Inventory Management.
Manages sales and transactions for retail businesses.
Processes secure payments for online and in-store sales.
Enables online selling and multichannel retail operations.
Tracks stock and optimizes supply chain processes.
Apps and channels of ShopKeep
its YouTube channel Lightspeed HQ has 3.91K subscribers and 30 videos.
Videos from ShopKeep
The most watched videos on ShopKeep's YouTube channel, Lightspeed HQ (3.91K subscribers). Click a video to play it here.
More on Lightspeed HQ.
Funding Insights of ShopKeep
ShopKeep has successfully raised a total of $162.2M 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 $162.2M
- Total Rounds 6
- First Round $2.2M
(Jun 2011)
- Investors Count 13
All 6 funding rounds of ShopKeep with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Dec 2018 | Debt – Conventional | – | – | ||
| Dec 2018 | $65M | Series E | – | Tribeca Venture Partners | |
| Jul 2015 | $60M | Series D | – | Activant Capital | – |
| Apr 2014 | $25M | Series C | – | Thayer Street Partners | |
| Dec 2012 | $10M | Series B | – | Canaan | |
| Jun 2011 | $2.2M | Series A | – | Tribeca Venture Partners |
14 investors in total: 13 institutional and 1 angel.
Investors in ShopKeep
ShopKeep has secured backing from 14 investors, including venture fund, institutional, and angel investors. Prominent investors backing the company include Fiserv, Lightspeed HQ and Square 1 Bank.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
ORIX USA is engaged in middle market asset management and lending. | orix.com | Dallas, United States | ||
Early-stage VC firm investing in the US | tribecavp.com | New York, United States | ||
Venture capital fund investing in tech sectors | activantcapital.com | Greenwich, United States | ||
Investments are made in early-stage startups by family office-backed VC. | coffincapitalandventures.com | Park City, United States | ||
Canaan is recognized as an early-stage venture capital firm. | 1987 | canaan.com | San Francisco, United States | |
Investments are made by TTV Capital in early-stage fintech companies. | ttvcapital.com | Atlanta, United States | ||
Thayer Street Partners is engaged in providing growth capital. | 2016 | thayerstreet.com | New York, United States | |
Investments are made in US seed and early-stage tech companies. | contourventures.com | New York, United States | ||
Venture debt, treasury, and cash management services are provided. | 2005 | square1bank.com | Durham, United States | |
Payment processing and electronic commerce services are offered worldwide. | 1971 | firstdata.com | Atlanta, United States |
Investor details for ShopKeep
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of ShopKeep
600 people are tracked at ShopKeep (132 in leadership, 8 in board & advisors, 460 in team).
| Name | Role | Group |
|---|---|---|
Michael DeSimone | CEO | Leadership |
Caroline Leblanc | Director, Revenue Operations | Leadership |
Andrew Harris | Director, Revenue Operations - Planning And Insights | Leadership |
Rahim Abbasli | Director Of Risk And Analytics | Leadership |
Jackson Versitano | Senior Director, UK & Roemea, Hospitality | Leadership |
Francois Joly | Senior Director, Data Solutions And Architecture | Leadership |
Cristina Astorri | Senior Director Of Marketing - EMEA | Leadership |
Barry Beldam | Engineering Director, Payments | Leadership |
Tomasz Dubik | Director, Development | Leadership |
Elina Barklon | Internal Communications Director | Leadership |
Mark Charge | Director, Strategy And Operations | Leadership |
Natalie M. | Lead Sales Talent Acquisition Partner | Leadership |
Sarka Urbankova | Talent Acquisition Partner | Leadership |
Anita Nguyen | Talent Acquisition Partner | Leadership |
Karine Mekhdjian | Senior Talent Acquisition Partner | Leadership |
JD Saint-Martin | President | Leadership |
Gabriel Benavides | Chief Revenue Officer | Leadership |
Dax Dasilva | Founder & CEO | Leadership |
Asha Bakshani | CFO | Leadership |
Ewout van Rossum | Director Retail EMEA | Leadership |
580 more people are available in the full profile.
Complete people profiles for ShopKeep
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Team structure
- Board tenure
- Professional contacts
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Investments & Acquisitions by ShopKeep
ShopKeep has strategically engaged in corporate development activities, having acquired 4 companies. Notable acquisitions include AmburApp, ChowBOT and Payment Revolution.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
E-commerce platforms for restaurant ordering and delivery are facilitated. | meerchant.com | San Francisco, United States | 2014 | Mar 2017 | •••• | |
Platform offering POS solution for food businesses | amburapp.com | Buffalo, United States | 2011 | Sep 2015 | •••• | |
Cloud-based POS solution for restaurant | refulgentsoftware.com | 2010 | Sep 2015 | •••• | ||
Credit card processing and POS solutions for merchants are provided. | paymentrevolution.com | New York, United States | 2008 | Mar 2015 | •••• |
Complete acquisition details for ShopKeep
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of ShopKeep
8 dated milestones of ShopKeep across 12 years, from founding to its latest funding, stage changes and deals.
- Founded ShopKeep is founded.
- Funding First funding round of $2.2M.
- Acquisition Acquires Payment Revolution.
- Acquisition Acquires Refulgentsoftware.com.
- Acquisition Acquires AmburApp.
- Acquisition Acquires ChowBOT.
- Funding Latest funding round, Debt – Conventional,.
- Exit Acquired by Lightspeed.
Competitors of ShopKeep
ShopKeep has 3 listed competitors in our database, 3 of them funded. They include Square, Network Merchants and POSaBIT.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| squareup.com | 2009 | San Francisco, United States | $519.75M | 11,372 | POS solutions are provided for retail businesses. | |
| nmi.com | 2001 | Roselle, United States | $54.18M | 113 | White-label payment gateways are built for global e-commerce transactions. | |
| posabit.com | 2015 | Seattle, United States | $6.48M | 34 | POS software and hardware are provided for cannabis retailers. |
Detailed competitors of ShopKeep
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of ShopKeep
The website of ShopKeep (shopkeep.com) receives about 3.4K visits a month.
- Monthly visits3.4K
▲ 28.8% vs previous month
Websites whose visitors overlap most with ShopKeep. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
spbstr.ru | spbstr.ru | 100% | – | ||
crowdbooster.com | crowdbooster.com | 64% | – | ||
| entrepreneur.com | 64% | 2.7M | #32,450 | View details | |
| revelsystems.com | 39% | 41.7K | #731,574 | View details | |
poslavu.com | poslavu.com | 39% | #385,903 | – | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 6 similar websites and full traffic analytics for ShopKeep
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 6 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Autonomous & In-Store Retail Tech
3 companies that operate in the same segment as ShopKeep (Autonomous & In-Store Retail Tech) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | 576 | ||
POS solutions are provided for retail businesses. | 2009 | San Francisco, California, United States | USD 519.75 M | USD 24.19 B | 6,214 | |
Provider of cloud-based POS software solutions for businesses and service providers | 1999 | San Francisco, California, United States | USD 923 M | 2,684 |
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Related news about Shopkeep
Complete news archive for ShopKeep
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- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
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Frequently Asked Questions about ShopKeep
ShopKeep was founded in 2008 and raised its 1st funding round 3 years after it was founded.
ShopKeep is headquartered in New York, United States. It is registered at New York, New York, United States.
Michael DeSimone is the CEO of ShopKeep, as recorded in our data.
ShopKeep is a funded company, having raised a total of $162.2M across 6 funding rounds to date. The company's 1st funding round was a Series A of $2.2M, raised on Jun 2011.
ShopKeep is a provider of cloud-based point of sale software for managing retail shops and restaurants. It allows business owners to set-up their registers on iPad, accept cash and credit cards with their choice of processor. It can also manage inventory, reports, staff, and customers from any web-enabled device and without extra hardware. The register front-end is synced with the BackOffice (a web portal for managers to view), which provides real-time accurate reports. It also provides hardware such as printer, scanner, card reader to provide a complete checkout-out system. It manages PoS transactions for over 10,000 stores with over 1.8 billion in receipts. ShopKeep also supports Apple Pay.
ShopKeep's top competitors include Square, POSaBIT and Network Merchants.
ShopKeep offers Point of Sale, Payments, eCommerce, and Inventory Management.
ShopKeep has made 4 acquisitions, including AmburApp, ChowBOT, and Payment Revolution.
ShopKeep has 14 investors. Key investors include Fiserv, Lightspeed HQ, Square 1 Bank, Canaan, and ORIX USA.
ShopKeep operates through Shopkeep Inc..
Yes. ShopKeep was acquired by Lightspeed in November 2020.