Lightspeed

Leading cloud POS and commerce platform for SMB retailers, restaurants, and golf operators globally, competing with Square, Toast, and Shopify POS

Lightspeed Commerce Inc. is a Montreal-based technology company founded in 2005 that provides cloud-based point-of-sale, payments, and e-commerce solutions to small and medium-sized businesses across retail, hospitality, and golf verticals. Its unified platform enables merchants to manage in-store and online sales, inventory, customer data, analytics, and supplier relationships from a single system, reducing operational complexity and enabling omnichannel commerce. The company has grown significantly through both organic development and strategic acquisitions, including Shopkeep, Vend, NuOrder, Ecwid, and Lightspeed Golf (formerly Chronogolf), expanding its product suite and global footprint. Lightspeed serves over 165,000 customer locations across more than 100 countries, processing billions of dollars in gross transaction volume annually. Its integrated payments product, Lightspeed Payments, has become a key revenue driver alongside software subscriptions. While Lightspeed is not a traditional AdTech company, it sits at the intersection of commerce and data, offering merchants customer insights, loyalty tools, and marketing integrations that inform targeted engagement. Its rich first-party transaction and inventory data positions it as a relevant player in the broader commerce media and retail data ecosystem, making it of interest to AdTech analysts tracking retail media and merchant intelligence trends.