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Lightspeed Commerce
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Lightspeed Commerce Company Overview

Lightspeed Commerce logo

Lightspeed Commerce

● Active
Software · Montreal, Quebec, Canada · Est. 2005
SaaSFinTechE-commercePOS↗ Website
$2.4B
Valuation
$1.1B
Revenue
3k+
Employees
2005
Founded

Lightspeed Commerce is a Montreal-based cloud commerce platform providing point-of-sale, payments, and business management software to over 165,000 retail, restaurant, and hospitality businesses across 100 countries. Its unified commerce platform integrates in-store POS, e-commerce, payments processing, inventory management, and working capital financing into a single system for independent and multi-location merchants.

Recent Press
5 items
Press Release·2026-02-10
Lightspeed Raises Q3 FY2026 Outlook to $1.216B-$1.22B Full-Year Revenue
Lightspeed Commerce raised its fiscal 2026 full-year revenue outlook to approximately $1.216-1.22 billion, with gross profit of $523-525 million and adjusted EBITDA of ~$72 million, after Q3 performance beat expectations.
Product Launch·2025-12-10
Lightspeed Adds Tap to Pay on Android and Customer Facing Display for Retailers
Lightspeed expanded its in-store payment capabilities with Tap to Pay on Android for contactless payments via Lightspeed Scanner, and added customer-facing display options for smart terminals, enhancing the checkout experience for retail merchants.
Product Launch·2025-11-10
Lightspeed Launches Multi-Brand Marketplace for Retail Inventory Ordering
Lightspeed introduced a centralized multi-brand Marketplace within Lightspeed Retail, allowing merchants to browse, compare, and purchase products from multiple brands in a unified ordering experience integrated directly into the POS platform.
Product Launch·2025-09-15
Lightspeed Launches AI-Powered Intelligence Layer for Retail and Restaurant Merchants
Lightspeed launched Lightspeed AI, a conversational AI intelligence layer within Lightspeed Retail and Lightspeed Restaurant, enabling merchants to query business data, get insights, and make faster decisions using natural language.
Press Release·2025-05-20
Lightspeed Commerce Surpasses $1B in Annual Revenue for First Time in Fiscal 2025
Lightspeed Commerce delivered fiscal 2025 annual revenue exceeding $1 billion for the first time, representing 18% growth, as the company focused its strategy on core restaurant and retail markets where it has proven competitive strength.
Company History
9 milestones
Dax Dasilva founded Lightspeed in Montreal with a vision to build modern cloud-based POS software for independent specialty retailers, replacing legacy DOS and Windows-based systems that small merchants were still running. The company's first product served Mac-first Apple resellers and specialty retail boutiques in Montreal and Toronto.

Lightspeed Commerce Organization Structure & Team

Org Chart
3,200 employees · Click a leader to explore their team
3,200 across 12 departments
Chief Executive Officer
Dax Dasilva
Brandon Nussey — Departments
· 3200 people across 12 depts

Lightspeed Commerce Financials, Revenue & Market Share

Annual Revenue
$1.1B
+22% vs prior year
YoY Growth
+22%
From $348M to $1.1B
Revenue / Employee
$359K
Annual revenue per full-time employee
Revenue Growth
2021
2022
2023
2024
2025
$348M
$548M
$750M
$900M
$1.1B
Market Share
Global Commerce Platform (SMB & Mid-Market)
8%
share
Lightspeed
8%
Square / Block
28%
Toast
15%
Shopify POS
12%
Others
37%
$6.5B
TAM
$1.2B
SAM
$116M
SOM
Revenue Streams
Core Products/Services70%
Value-Added Services20%
Other Revenue10%
Business Units
Core Business70%
Primary product and service delivery
Growth Initiatives20%
New markets and product expansion
Corporate & Admin10%
Central functions and shared services

Lightspeed Commerce Internal Tools & Processes

Internal Tools
12 departments
Engineering900 people · 3 roles
Standards & Certifications
10 standards
Compliance frameworks, security audits, and quality certifications this company maintains.
Security
PCI DSS Level 1
Certified
Lightspeed Payments is certified to PCI DSS Level 1, the highest tier of the Payment Card Industry Data Security Standard, ensuring that the payment card data processed through Lightspeed's integrated terminals and online checkout is handled in compliance with Visa, Mastercard, and global card network security requirements.
Security
SOC 2 Type II
Certified
Lightspeed's cloud platform maintains SOC 2 Type II certification, providing independent assurance that the security, availability, and confidentiality controls protecting merchant transaction data, inventory records, and customer information across Lightspeed Retail and Restaurant meet AICPA Trust Services Criteria.
Privacy
GDPR
Compliant
Lightspeed's platform is designed for GDPR compliance for European merchants, with data residency controls, consent management features, and data processing agreements covering the personal data of EU-based merchant customers processed through Lightspeed Retail, Restaurant, and Commerce.
Privacy
PIPEDA
Compliant
As a Canadian-headquartered company, Lightspeed complies with the Personal Information Protection and Electronic Documents Act (PIPEDA) for the collection, use, and disclosure of personal information of Canadian merchants and their customers processed through Lightspeed's platform.
Security
ISO 27001
Certified
Lightspeed holds ISO/IEC 27001 certification for its information security management systems, ensuring that the controls protecting Lightspeed merchant data, payment processing infrastructure, and cloud platform operations meet internationally recognized security management standards.
Security
EMV Compliant
Compliant
Lightspeed Payments terminals are EMV chip-and-PIN compliant, ensuring that in-person card present transactions processed through Lightspeed hardware meet the global EMV standard for chip card authentication, reducing counterfeit card fraud liability for Lightspeed merchants.
Regulatory
Visa / Mastercard Certified
Certified
Lightspeed Payments is certified as an acquiring payment facilitator (PayFac) by Visa and Mastercard, enabling Lightspeed to onboard merchants for card acceptance without requiring each merchant to establish their own merchant account with a traditional acquiring bank.
Accessibility
WCAG 2.1 AA
Compliant
Lightspeed's web-based back-office management interfaces and merchant-facing Lightspeed Commerce e-commerce tools are designed to meet WCAG 2.1 AA accessibility standards, ensuring that merchants with disabilities can manage their Lightspeed platform using assistive technologies.
Privacy
CCPA
Compliant
Lightspeed Commerce complies with the California Consumer Privacy Act, providing merchants and their customers with data transparency, opt-out rights, and deletion mechanisms within Lightspeed's cloud POS and payments platform.
Privacy
ISO 27018
Certified
Lightspeed is certified to ISO 27018, protecting personally identifiable information processed through its cloud-based retail, restaurant, and golf management platforms in accordance with international privacy standards.

Lightspeed Commerce Interview Preparation

Interview Prep
Role-specific interview questions and keywords. Select a department, then click any role to prepare.
Engineering· 3 roles

Lightspeed Commerce Products & Competitors

Product Suite
5 products · select one to explore
Software
Point of Sale
Lightspeed Retail
The POS built for serious retailers

Lightspeed Retail is a cloud-based point-of-sale and inventory management system designed for specialty retailers across apparel, sporting goods, electronics, and home furnishings. It provides real-time multi-location inventory tracking, supplier ordering, customer loyalty, and e-commerce integration, giving independent and multi-location retailers a unified view of their business from a single platform.

Use Cases
A multi-location bike shop using Lightspeed Retail to track real-time inventory across 8 stores, automatically triggering reorder workflows when stock falls below minimum thresholdsAn independent bookstore integrating Lightspeed Retail with their Lightspeed Payments terminal to accept tap, chip, and BNPL payments at checkout with same-day settlementA sporting goods retailer using Lightspeed Retail's supplier catalog to place wholesale orders directly from the POS without manually re-entering product data
No image
Key Customers
SL
Sporting Life
GL
Golf Locker
C&B
Cutter & Buck
Competitive Intelligence
VSSquare for Retail
THEM

Square for Retail is a cloud-based POS and inventory management system from Block Inc., designed for small and mid-size retailers seeking an affordable, easy-to-set-up solution with integrated payments, employee management, and basic e-commerce capabilities.

EDGE

Deeper multi-location inventory control and advanced supplier ordering for specialty retail product complexity

VSShopify POS
THEM

Shopify POS is a point-of-sale system designed for merchants already using Shopify's e-commerce platform, providing unified online and in-store selling with shared inventory, customer profiles, and order management across channels.

EDGE

Superior offline mode reliability and purpose-built hardware ecosystem for high-volume in-store retail environments

VSClover POS
THEM

Clover is a cloud-based POS platform backed by Fiserv, offering hardware terminals, a software app marketplace, and integrated payment processing for small and mid-size retail and restaurant businesses across North America.

EDGE

Industry-specific retail workflows for apparel, electronics, and sporting goods with matrix inventory support

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