Is Lightspeed a public company?

Is Lightspeed a public company?

Lightspeed Commerce is a point-of-sale and e-commerce software provider based in Montreal, Quebec, Canada. It was founded in 2005 by Dax da Silva who served as the CEO of the company until February 2, 2022….Lightspeed (company)

What company did Lightspeed buy?

The point-of-sale and e-commerce software company Lightspeed will acquire competitor Vend for a deal worth $350 million — $192.5 million in cash and $157.5 million in shares, to be specific. The move builds Lightspeed’s base around the globe.

Who is the CEO of Lightspeed?

JP Chauvet (Feb 2022–)Lightspeed / CEO
Jean Paul Chauvet, Chief Executive Officer Lightspeed’s board of directors appointed JP Chauvet to the role of Chief Executive Officer, on February 2, 2022. Chauvet joined Lightspeed in October 2012 as Chief Revenue Officer and became a board member in September 2013.

How many customers does Lightspeed POS have?

Lightspeed provides its services to 51,000-plus customers in more than 100 different countries; notable big-name companies include Sony, Goop (Gwenyth Paltrow’s lifestyle brand), and the Five Guys fast-food chain.

Is Lightspeed a good investment?

Lightspeed is diversifying its geographical footprint, and it has the potential to become an e-commerce giant comparable to the biggest names in the industry. The significant downturn in its valuation over the last several months makes it an attractive high-growth play to consider.

Who are Lightspeed competitors?

Review the following Lightspeed Retail alternatives to see if there are any Lightspeed Retail competitors that you should also consider in your software research.

• Square Point of Sale. by Square.
• Shopify. by Shopify.
• Shopify POS. by Shopify.
• Clover. by Fiserv.
• Revel Systems.
• Vend.
• Quickbooks Point of Sale.
• Quickbooks Online.

Who owns Lightspeed?

Dax Dasilva
Dax Dasilva, Founder and Executive Chair Dax Dasilva is the creative mind behind Lightspeed Commerce and Age of Union. Founded in 2005, Lightspeed is a one-stop commerce platform for merchants around the world to simplify, scale and provide exceptional customer experiences.

Does Lightspeed own Vend?

Yes, Vend is now part of the Lightspeed family. Our passion and commitment to retailers remain the same, and we’ll continue to grow our platform of solutions; including point of sale, inventory, reporting, and other features to help you manage your business.

Who founded Lightspeed?

Ravi Mhatre
Barry EggersPeter NiehChristopher Schaepe
Lightspeed Venture Partners/Founders

Why did Lightspeed go down?

Founded in 2005, Lightspeed has been facing turmoil since September, when Spruce Point Management accused it of hiding massive inflation and misleading investors around its growth potential. Its shares have dropped by 20.2 per cent so far this year and are down 75.4 per cent from a high of $165.87 in September.

Is Lightspeed a good company?

Is Lightspeed a good company to work for? Lightspeed has an overall rating of 4.0 out of 5, based on over 487 reviews left anonymously by employees. 76% of employees would recommend working at Lightspeed to a friend and 76% have a positive outlook for the business.

Who owns light speed?