Upserve

Providence, United States Founded: 2009 • Age: 17 yrs Acquired By Lightspeed
Cloud-based payment processing and analytics are offered to retailers.
Annual revenue - Latest available
Total funding $41.5M 7 rounds
Employees - Tracked headcount
Investors 11 Known backers
Products 4 Services tracked
Competitors 10 Brand Intelligence

About Upserve

Upserve is a company based in Providence (United States) founded in 2009 was acquired by Lightspeed in December 2020. Upserve has raised $41.5 million across 7 funding rounds from investors including Lightspeed HQ, Vista Equity Partners and First Round Capital. Upserve has completed 2 acquisitions, including Breadcrumb and SimpleOrder. Upserve offers products and services including Retail Point of Sale, Restaurant Point of Sale, eCommerce Software, and Inventory Management. Upserve operates in a competitive market with competitors including Toast, Olo, Zenput, Tillster and SpotOn, among others.

  • Headquarter Providence, United States
  • Sectors
    Consumer
  • Email
    Locked
  • Phone
    Locked
  • Website
    Locked
  • Social
    Locked
  • Legal Name Upserve
Operational Areas
Consumer → Food, Beverage & Nutrition Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $41.5 M (USD)

    in 7 rounds

  • Latest Funding Round
    Not available
  • Investors
    Lightspeed HQ

    & 10 more

  • Employee Count
    Not available
  • Investments & Acquisitions
    Breadcrumb

    & 1 more

  • Acquired by
    Lightspeed

    (Dec 01, 2020)

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Products & Services of Upserve

Upserve offers a comprehensive portfolio of products and services, including Retail Point of Sale, Restaurant Point of Sale, eCommerce Software, and Inventory Management.

Product name locked
Category locked
Primary

Software for managing retail sales and inventory

Product name locked
Category locked
Locked

Platform for restaurant order processing and payments

Product name locked
Category locked
Locked

Tools for online store management and transactions

Product name locked
Category locked
Locked

System for tracking and optimizing stock levels

People of Upserve

Headcount 200-500
Employee Profiles 5
Employee Profiles
People
Julia Garibaldi
Strategic Account Manager
People
Xenen Scott
Strategic Account Manager
People
Kevin Viveiros
Senior Account Manager
People
Terri North
Merchant Relations and Sales Consultant

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Funding Insights of Upserve

Upserve has successfully raised a total of $41.5M across 7 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.

Investors in Upserve

Upserve has secured backing from 11 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Lightspeed HQ, Vista Equity Partners and First Round Capital.

All
Venture Fund
Institutional
Angel
Investor Description Founded Year Domain Location
Investments are directed toward high-growth enterprise software and technology companies.
Locked Locked Locked
US focused seed and early-stage VC firm
Locked Locked Locked
Venture capital investments in technology startups and entrepreneurs.
Locked Locked Locked
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Investor details for Upserve

Investor domains, locations, round participation, and complete history require an active premium plan.

  • Investor domains
  • Investor locations
  • Funding rounds
  • Participation history

Verified entity values are shown only after access is granted.

Investments & Acquisitions by Upserve

Upserve has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Breadcrumb and SimpleOrder.

Investments
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Investment portfolio details for Upserve

Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.

  • Portfolio identities
  • Transaction dates
  • Round details
  • Investment values

Verified entity values are shown only after access is granted.

Acquisitions
Company Name Description Domain Location Founded Year Amount
Inventory management system for restaurants
Locked Locked 2012 Locked
iPad-based PoS solutions are offered for hospitality operations.
Locked Locked 2011 Locked
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Complete acquisition details for Upserve

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  • Acquired stakes
  • Disclosed values
  • Domains and locations

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Financial Statements - Upserve

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Detailed financials for Upserve

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  • Profit trends
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Upserve Comparisons

Upserve Primary company
Description
Cloud-based payment processing and analytics are offered to ...
Location
Providence, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
Not available
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Peer comparison for Upserve

Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.

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  • Headcount comparison
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Competitors of Upserve

Upserve 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 Toast, Olo, Zenput, Tillster and SpotOn, among others.

Company Name Domain Founded year HQ Location Description
Locked Locked Locked
Restaurant operations are managed via a cloud-based platform.
Locked Locked Locked
Olo is recognized as a restaurant technology platform provider.
Locked Locked Locked
Zenput is utilized as an operations execution platform for multi-unit operators.
Locked Locked Locked
SaaS solutions for restaurant online ordering and analytics are offered.
Locked Locked Locked
Provider of cloud-based POS software solutions for businesses and service providers
Locked Locked Locked
SaaS software for restaurant payments and order management is provided.
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Detailed competitors of Upserve

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  • Domains and locations
  • Full company profiles
  • Operating metrics
  • Competitive positioning

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Latest news on Upserve

WorkWave expands board of directors
Mypmp4 years ago
Upserve POS point of sale system
Techradar5 years ago
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Complete news archive for Upserve

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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 Upserve

Upserve was founded in 2009.

Upserve is headquartered in Providence, United States. It is registered at Providence, Rhode Island, United States.

Sheryl Hoskins is the current CEO of Upserve.

Upserve is a funded company, having raised a total of $41.5M across 7 funding rounds to date.

Upserve was founded in 2009 in Providence, United States, focusing on the retail technology sector. Cloud-based solutions for payment processing and business analytics are provided, integrating with POS systems and terminals. Retailers are supported in enhancing marketing efforts, operational efficiency, and financial decision-making through these tools. Operations are centered in the U.S., serving various retail environments.

Upserve's top competitors include Toast, SpotOn and Tillster.

Upserve offers Retail Point of Sale, Restaurant Point of Sale, eCommerce Software, and Inventory Management.

Upserve has made 2 acquisitions, including Breadcrumb, and SimpleOrder.

Upserve has 11 investors. Key investors include Lightspeed HQ, Vista Equity Partners, First Round Capital, Index Ventures, and Shasta Ventures.

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