This provides merchants a “one-stop shop” for their retail management. E-Commerce – Lightspeed targets small and medium sized online businesses through its e-commerce platform.This provides customers the opportunity to make payment processing easy and utilize omnichannel opportunities through its POS. Cloud-Based Retail – Lightspeed leverages technology to deliver a cloud-based retail provision for merchants with physical and online retail businesses.Lightspeed leverages technology to target two lines of business:
#LIGHTSPEED RESTAURANT DIGITAL BOARD SERIES#
Oct 17, 2017: Lightspeed Raises $207 Million Series D as Company Preps for IPO Nov 18, 2015: Lightspeed to launch e-commerce platform following European acquisition Oct 22, 2014: Lightspeed Acquires Belgium-based Posios, Launches Lightspeed Restaurant In October 2017, Lightspeed received one of the largest investments for a Canadian startup from a new round of venture-capital funding of about $200 million, Dasilva expects this to be the last funding before the company goes public.
In September 2015, Lightspeed closed a $61 million Series C round of funding led by Caisse de dépôt et placement du Québec and Investissement Québec, with participation from previous investors Accel Partners and iNovia. In September 2014, the company announced it had secured another round of $35 million led by iNovia Capital and Accel Partners, and was using the proceeds towards a payments system and international expansion. In 2012, Lightspeed raised $30 million led by Accel Partners. In November 2015, Lightspeed acquired SEOShop, ecommerce platform, and announced it would be expanding its product offering to serve brick-and-mortar and online retailers. In September 2014, Lightspeed partnered with Vantiv, a payment processing and technology solutions provider, to develop a payment platform to let customers make transactions within Lightspeed’s software. From 2006 to 2011, Lightspeed had 1900% growth and was recognized as one of Canada’s fastest growing companies. Dasilva is a programmer and interned at Apple at a young age as a developer. In 2005, Dax Dasilva founded Lightspeed with the mission of helping businesses re-create an e-commerce shopping experience that provided ease, personalization, and product information. Education: Master’s Degree, Marketing/Marketing, Idrac Paris. Previously: Board Member, Lightspeed HQ (2013-Present) Chief Revenue Officer, Lightspeed HQ (2012-2016) Board Member, Coveo (2016-Present) CEO, Atex (2011-2012) VP Sales and Marketing, Nstein Technologies (2005-2008) VP Sales and Marketing, IXIASOFT (2000-2005). Education: Computer Science, Art History, Religious Studies (1999), University of British Columbia. Previously: Developer, Bitmovers (2000-2001). It also provides POS hardware with additional enhancing solutions for additional fees.ĭax Dasilva : Founder and CEO (2005-Present). It provides solutions to manage inventory, customer preferences, sales, and analytics. Lightspeed, based in Montreal, Quebec designs and develops point of sale (POS) and E-Commerce platform for merchants and restaurants in Canada and internationally.
#LIGHTSPEED RESTAURANT DIGITAL BOARD PDF#
Last updated Decem| To download a PDF version, click here. The Lightspeed Restaurant eCommerce add-on offers additional features including merchandise sales, reservation system management, website management, reviews integration, and more.Payments & Money Transfer | Montreal, QC | Founded: 2005 | Employees: 605 | PHONE: (855) 300-7108 | LINKEDIN PROFILE | BLOOMBERG PROFILE | WIKIPEDIA Restaurants can also create delivery-only menus and track the performance of different menu items using the reporting functionality. With Lightspeed Restaurant’s delivery module, businesses can integrate with third-party platforms such as UberEats and Deliveroo to receive orders directly and manage the delivery of each order. Orders can be managed within the system, with tools for order tracking, floor plans, item transfer between tables, tab management, and more. Bills can be split by seat, item, or cover, and tips can be added onto bills at any point in the order process. Lightspeed Restaurant facilitates contactless payments, as well as transactions via credit and debit cards and QR codes. Lightspeed Restaurant POS also offers add-ons for delivery and eCommerce to allow restaurant businesses to manage their orders from end-to-end. The platform offers features including sales tracking, contactless payment processing, customizable floor plans, employee management, and more. Lightspeed Restaurant is a cloud-based point of sale (POS) system for restaurants.
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