When was Lightspeed founded?

Lightspeed was founded in 2005 and raised its 1st funding round 7 years after it was founded.

Where is Lightspeed located?

Lightspeed is headquartered in Montreal, Canada. It is registered at New York, New York.

How many employees does Lightspeed have?

As of Mar 31, 2026, the latest employee count at Lightspeed is 3465.

Is Lightspeed a funded company?

Lightspeed is a funded company, having raised a total of $292M across 5 funding rounds to date. The company's 1st funding round was a $***** Series A round, raised on Jun 11, 2012.

When was the latest funding round of Lightspeed?

Lightspeed's latest funding was a $***** Series D round on Oct 18, 2017, with participation from 3 investors.

Where does Lightspeed rank among its competitors?

Lightspeed ranks 5th amongst 5475 active competitors, of which 407 are funded. It stands 6th in terms of total funding among its competitors. The most recent competitor to raise funding was Petpooja, which secured $15.5M in Sep, 2025.

Who are the top competitors of Lightspeed?

Lightspeed's top competitors include Square, Toast and Olo. Among them, Petpooja secured the most recent funding round in September, 2025.

Lightspeed - 2026 Company Profile, Funding & Competitors

Lightspeed is a public company based in Montreal (Canada), founded in 2005. It operates as a Provider of point of sale and payment platform for businesses. Lightspeed has raised $292M in funding from investors like CDPQ, Accel and Inovia Capital. The company has 5475 active competitors, including 407 funded and 369 that have exited. Its top competitors include companies like Square, Toast and Olo.

Company Details

Provider of point of sale and payment platform for businesses. The platform offers retail, restaurant, and golf solutions, including inventory management, marketing, and reporting. It provides tools for wholesale, apparel, garden, and home decor businesses. The platform also offers integrations, support, and resources for business growth.

Website: www.lightspeedhq.com/
Social
Email ID: *****@lightspeedhq.com, *****@lightspeedretail.com
Phone Number: +1 **********
Registered Address: New York, New York

Key Metrics

Founded Year

2005

Location

Montreal, Canada

Stage

Public

Total Funding

$292M in 5 rounds

Latest Funding Round

Series D, Oct 18, 2017, $*****

Investors

CDPQ & 9 more

Ranked

5^th among 5475 active competitors

Employee Count

3,465 as on Mar 31, 2026

Investment & Acquisitions

Illumix & 15 more

Similar Companies

Square & 3955 more

Exit Details

Public

View Lightspeed's full profile

Lightspeed is associated with 4 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
LIGHTSPEED COMMERCE INC. CIN: 32052714667 , United States, Active		-	-	-
LIGHTSPEED RETAIL USA INC CIN: 392080084 , United States, Active	Dec 31, 1999	-	239 (As on Dec 31, 2024)	-
Lightspeed Commerce Usa Inc. CIN: 853771847 , United States, Active	Dec 31, 1999	-	109 (As on Dec 31, 2021)	-
LIGHTSPEED NUORDER INC. CIN: 6230237 , United States, Active	Jul 23, 2021	-	-	-

Lightspeed got listed on Mar 15, 2019.

Click here to take a look at Lightspeed's IPO in detail

Lightspeed has raised a total funding of $292M over 5 rounds. Its first funding round was on Jun 11, 2012. Its latest funding round was a Series D round on Oct 18, 2017 for $*****. 3 investors participated in its latest round. Lightspeed has 10 institutional investors.

Here is the list of recent funding rounds of Lightspeed:

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Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 18, 2017	9493175	Series D	2447411	1145962	3181553	4236368
Oct 18, 2017	4240310	Conventional Debt	5501475	1556417	7874620	SVB
Sep 16, 2015	8578765	Series C	7661058	3311358	CDPQ & 1 more	Inovia Capital & 1 more

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View details of Lightspeed's funding rounds and investors

Lightspeed's employee count trend

Lightspeed has 3,465 employees as of Mar 26. Here is Lightspeed's employee count trend over the years:

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Top competitors of Lightspeed include Square, Toast and Olo. Here is the list of Top 10 competitors of Lightspeed, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Square 2009, San Francisco (United States), Public	Provider of integrated point of sale and business management solutions	$520M	Victory Park Capital Advisors, GIC & 59 others	85/100
2nd	Toast 2011, Boston (United States), Public	Cloud-based point of sale and management system for restaurants	$900M	Tiger Global Management, Bessemer Venture Partners ... & 30 others	82/100
3rd	Olo 2005, New York City (United States), Acquired	Provider of a platform for restaurant brands to manage digital operations	$73.6M	Tiger Global Management, The Raine Group ... & 10 others	81/100
4th	Petpooja 2011, Ahmedabad (India), Series C	All-in-one software powering SME growth with POS, payroll, and more	$27M	Gujarat Venture Finance, Dharana & 34 others	79/100
5th	Lightspeed 2005, Montreal (Canada), Public	Provider of point of sale and payment platform for businesses	$292M	Hercules Capital, Teralys Capital & 8 others	79/100
6th	SpotOn 1999, San Francisco (United States), Series F	Point-of-sale systems and business software solutions for restaurants and small businesses	$923M	Andreessen Horowitz, Dragoneer Investment Group ... & 15 others	77/100
7th	RELEX 2005, Helsinki (Finland), Series D	Provider of unified platform for retail and supply chain planning	$816M	Summit Partners, TCV & 4 others	77/100
8th	Clip 2012, Mexico City (Mexico), Series D	Provider of point-of-sale terminals and digital payment solutions for businesses	$497M	Alta Ventures, SoftBank Latin America Fund ... & 28 others	74/100
9th	Clover 2010, Mountain View (United States), Acquired	Provider of point-of-sale solutions for restaurants, retail, and services	$8.75M	Sutter Hill Ventures, Morado Ventures & 5 others	73/100
10th	Ezetap 2011, Bengaluru (India), Acquired	Cloud-based mPOS software and hardware solutions for businesses	$66.4M	Social Capital, Helion Venture Partners & 43 others	72/100

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Lightspeed has made 4 investments in companies including Illumix and SuperShare. Lightspeed has also acquired 12 companies including NuORDER and Ecwid.

Here is the list of investments & acquisitions:

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Date of Investment/Acquisition	Type	Company Name	Founded Year	Location
Mar 20, 2023	Investments	Illumix	2017	Redwood City (United States)
Feb 02, 2022	Investments	SuperShare	2018	Bengaluru (India)
Jun 07, 2021	Acquisition	NuORDER	2011	Los Angeles (United States)