Lightspeed

Bringing cities and communities to life by empowering small businesses.

Joined Portfolio

2013

Sector

finance

commerce

Headquartered in Montréal, Canada, Lightspeed provides an easy-to-use, omni-channel commerce-enabling platform. The Company's software platform provides its customers with the critical functionalities they need to engage with consumers, manage their operations, accept payments, and grow their business. Lightspeed operates globally in approximately 100 countries, empowering single- and multi-location small- and medium-sized businesses to compete successfully in an omni-channel market environment by engaging with consumers across online, mobile, social, and physical channels. Founded in 2005, the Company has grown to approximately 700 employees, with global offices in Canada, the United States, Europe, and Australia.

One of our favorite stories Dax shares about his startup experience is that his company today is doing — almost verbatim — what he envisioned when he created his very first business plan.

Eons ago, as a young programmer, with a vision for a powerful and beautiful POS system, Dax's aims were simple. He wanted to help ignite small businesses around the world. Today, despite the challenge of operating in many complex regulatory and cultural environments across the world, each boasting a strong competitive landscape — Dax’s original vision has never been stronger or more on point.

As a strong growth stage company, we are pleased to see General Partner Patrick Pichette join the board, to help Dax continue managing the challenges of a fast global scaleup.

"Lightspeed is fortunate to have an incredible investment partner in Inovia. We first found strong alignment between our values – they understood our business and saw the potential for global growth, believing in Lightspeed’s role in shaping the landscape of omnichannel commerce.

As our first Canadian investor, they were supportive partners at every step of our journey; from startup to a publicly-traded company. Their support also brought significant Canadian investors to the table.

Inovia looks to invest in tech founders with global ambitions – I’ve always believed in our product and technology and the potential it had to impact the future of commerce on a global scale. In the eight years that we’ve been working together, Lightspeed has rapidly increased our footprint with omnichannel customers around the world, and staff across North America, Europe and Australia."

— Dax Dasilva, Founder & CEO of Lightspeed

Want to work at Lightspeed? Check out their current openings.