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About Lightspeed

LightSpeed provides a cloud-based point-of-sale solution for independent businesses, in-store and online.

Headquarters Location

700 St-Antoine Est Suite 300

Montreal, Quebec, H2Y 1A6,



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Research containing Lightspeed

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Lightspeed in 3 CB Insights research briefs, most recently on Sep 22, 2021.

Expert Collections containing Lightspeed

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Lightspeed is included in 8 Expert Collections, including Restaurant Tech.


Restaurant Tech

1,275 items

Hardware and software for restaurant management, bookings, staffing, mobile restaurant payments, inventory management, cloud kitchens, and more. On-demand food delivery services are excluded from this collection.


Store tech (In-store retail tech)

1,544 items

Startups aiming to work with retailers to improve brick-and-mortar retail store operations.


Grocery Retail Tech

646 items

Startups providing B2B solutions to grocery businesses to improve their store and omni-channel performance. Includes customer analytics platforms, in-store robots, predictive inventory management systems, online enablement for grocers and consumables retailers, and more.


SMB Fintech

1,647 items



2,672 items

Companies and startups in this collection enable consumers, businesses, and governments to pay each other - online and at the physical point-of-sale.



3,834 items

These companies participate in - or service businesses that participate in - the legal cannabis industry. Our definition of cannabis includes both marijuana and hemp (and all derivatives). The collection includes both "plant-touching" and "non-plant-touching" businesses.

Lightspeed Patents

Lightspeed has filed 16 patents.

The 3 most popular patent topics include:

  • Banking technology
  • Payment systems
  • Retail POS systems
patents chart

Application Date

Grant Date


Related Topics




Retail POS systems, Payment systems, Banking technology, Data management, Malware


Application Date


Grant Date



Related Topics

Retail POS systems, Payment systems, Banking technology, Data management, Malware



Latest Lightspeed News

Red Hat introduces Ansible Lightspeed for AI-driven IT automation

May 29, 2023

Ansible Lightspeed infuses domain-specific AI from IBM Watson Code Assistant to make Ansible more accessible organization-wide, helping to close automation skills gaps Press Release PHOTO Dubai, UAE – Red Hat, Inc., the world's leading provider of open source solutions, today announced Ansible Lightspeed with IBM Watson Code Assistant, a new generative AI service for Ansible automation. The service is designed to help drive consistent and accurate automation adoption across an organization, making it easier for novice users to automate tasks while removing the burden of low-level task creation from experienced automators. In a time of evolving industry dynamics and economic uncertainty, businesses are tasked to do more with less. Organizations need a range of talent to stay resilient, drive innovation and realize the full value of hybrid cloud and automation investments, but shortages in critical IT skills can threaten these desired end-states. Per IDC, “90% of global organizations will experience the IT skills crisis by 2025,” [1] which means that “by 2026, enterprises that did not effectively address the talent and digital skills gap in their organization will constrain revenue growth opportunities by 20%.” [2] But, “driven by skills shortages, CIOs that invest in digital adoption platforms and automated learning technologies will see a 40% increase in productivity by 2025, delivering greater speed to expertise.” [3] Ansible Lightspeed represents the next phase of the Project Wisdom initiative, making it accessible to users, contributors, customers, and Red Hat’s ecosystem of partners. Using natural language processing, the service will integrate with Watson Code Assistant, expected to be generally available later this year, to access IBM foundation models and quickly build automation code. This is the value that Watson Code Assistant (in technical preview) aims to bring to enterprises: to address the skills gap and efficiencies needed to accelerate the time to value for automation. Designed with developers and operators in mind, Ansible Lightspeed enables a significant productivity boost for Ansible users to input a straightforward English prompt while making it easier for users to translate their domain expertise into YAML code for creating or editing Ansible Playbooks. To help train the model, users can also provide feedback. Domain-specific AI combines the power of first-hand experience with technical innovation and enables AI to be infused into domain-specific technologies, like automation, to meet their specific challenges. Because it’s trained by users with a core understanding of real-world applications, Ansible Lightspeed enables more consistent, higher quality recommendations for specific challenges right away. It can deliver real value quickly — in a user’s industry, language and function. Red Hat and IBM intend to deliver an Ansible Lightspeed experience built on transparency, collaboration, and choice. Proper code source matching is a key priority, and upstream content contributors will have a choice as to whether or not their work contributes to finetuning of the model. Availability The technology preview of Ansible Lightspeed with IBM Watson Code Assistant is slated for availability later this year. Supporting Quotes Ashesh Badani, senior vice president and Chief Product Officer, Red Hat “Innovation has been and always will be a human-centric story. It starts with the right idea, flourishes with the right team and reaches its full potential with the right tools. That’s what we’re doing with Ansible Lightspeed: giving people a capable technology that's intelligent yet understandable enough for developers and operators to use automation in new ways and for users to employ their existing knowledge so that a vision can come to life. This brings AI to life in your own domain. And most importantly, it’s immediately capable, because your own experiences trained it.” Kareem Yusuf Ph.D., senior vice president, Product Management and Growth, IBM Software “The rapid pace at which many organizations are adopting AI requires solutions that will empower cloud developers and operations teams with the confidence and flexibility to scale and accelerate AI across their IT organization. IBM Watson Code Assistant, built on watsonx, will leverage carefully curated data in the Red Hat Ansible domain to help developers and operations teams across all skill levels write syntactically correct code with AI-generated recommendations." Amy Loomis, research director, Future of Work, IDC "As organizations continue to define and refine work models best suited for their industries, they inevitably will need to calibrate the right deployment of automation, digital and physical workspace, and place technologies. Far from being a means to an end, deployment of these technologies is sparking new leadership conversations around empowering workers to be more autonomous and innovative working with IT, across functions and with clients. "1 -Ends- © Press Release 2022 Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release. The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk. To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.

Lightspeed Frequently Asked Questions (FAQ)

  • When was Lightspeed founded?

    Lightspeed was founded in 2005.

  • Where is Lightspeed's headquarters?

    Lightspeed's headquarters is located at 700 St-Antoine Est, Montreal.

  • What is Lightspeed's latest funding round?

    Lightspeed's latest funding round is IPO.

  • How much did Lightspeed raise?

    Lightspeed raised a total of $292M.

  • Who are the investors of Lightspeed?

    Investors of Lightspeed include Accel, Caisse de depot et placement du Quebec, Inovia Capital, Investissement Quebec and Silicon Valley Bank.

  • Who are Lightspeed's competitors?

    Competitors of Lightspeed include Stripe, TouchBistro, Zeller, Ka-ching, Wundermart and 11 more.

Compare Lightspeed to Competitors

Revel Systems Logo
Revel Systems

Revel Systems develops mobile POS software that provides up-to-the-minute reporting, allowing users to effectively and efficiently track sales at restaurants, grocery, or retail stores in real time. There is no back-of-house server needed and no mandatory contracts or hidden fees. Revel Systems provides a host of reports that are instantly available anywhere. Users can track any and all locations and for added convenience, grant access to accountants or other business associates. The company was founded in 2010 and is based in Atlanta, Georgia.

Lavu Logo

Lavu offers a mobile point-of-sale and payment processing system for restaurants and bars. Used in food service establishments, Lavu is a full-featured iPad-based POS system. Offering flexible payment-processing solutions, an intuitive interface, and a proprietary business management suite, Lavu's restaurant management platform is ideal for all food and drink establishments.

TouchBistro Logo

TouchBistro is an iPad-based restaurant management platform. It offers an integrated payments solution designed to meet the needs and fast pace of the food service industry. The firm was founded in 2011 and is based in Toronto, Canada.

Computer Perfect Logo
Computer Perfect

Computer Perfect offers lightning online Point of Sale and E-Commerce solutions.

Foodics Logo

Foodics is a cloud-based iPad POS (point-of-sale) restaurant management system for transactions, inventory, employee scheduling, loyalty programs, and e-commerce. The company was founded in 2016 and is based in Riyadh, Saudi Arabia.

PingPong Logo

PingPong is an online payment processing platform. The platform offers Chinese sellers to receive international payments from eCommerce platforms. It was founded in 2015 and is based in Shenzhen, China.

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