
“This investment is part of our commitment to provide long-term support to Québec’s new-economy companies as they grow internationally.” This success is due to the impressive innovations that it implemented and the strategic vision of its experienced management team,” said Christian Dubé, EVP, Québec at la Caisse in a statement. Today, its solutions are used in more than 100 countries and Lightspeed is the world’s largest company in its sector. La Caisse is a repeat investor in the company. “Two years ago, when we first invested in Lightspeed, the company was already considered a Canadian leader in its field. It brings the total raised to $292 million. It put in $136 million of this investment, with iNovia Capital and Silicon Valley Bank providing the remainder. This latest round of funding is led by Caisse de dépôt et placement du Québec, one of Canada’s largest investors, managing investments for some of the country’s largest pension and insurance funds. “We want to monetise that area, and that will be a huge story for Lightspeed going forward.”

“We are hoping to be IPO-ready by mid-2019,” he said, noting that one of the big areas Lightspeed will put this latest investment towards is building its own payment processing infrastructure, as today it works with Vantiv and Cayan to provide these services. Lightspeed claims this is the largest venture round ever raised by a Canadian tech startup.ĭax Dasilva, Lightspeed’s CEO and founder, told TechCrunch that he expects this to be the last round of funding before the company goes public, which he expects to happen in about 18-20 months.
Lightspeed restaurant digital board series#
Lightspeed POS, which provides point of sale, accounting, inventory management, purchasing analytics, and other related services to brick-and-mortar retailers, restaurants and online businesses competing with the likes of Square and Shopify, has raised $166 million in funding, a Series D that it will use to expand its business deeper into payments and new geographies. See Sending electronic receipts for more information.E-commerce and digitally-based financial transactions have consistently been one of the biggest and most lucrative areas of the tech world, and today a commerce startup out of Canada is laying down its claim to be among the significant players in the field. Now that electronic receipts are configured on Restaurant Manager, you can send electronic copies of receipts to your customers.

Specify Email receipt as the printer template type.Enter a name for the email receipt template, such as e-Receipts.Select the button Add Template to open a template popup.From Restaurant Manager, select Printers > Printer Templates.Follow the steps below to enable email receipts from the POS. To send electronic receipts to your customers, there are a few configuration steps to complete on Restaurant Manager.
