“We believe this acquisition will accelerate the product innovation that has enabled Lightspeed customers to tackle the greatest challenge to their industry in decades and will add exceptional leadership to our teams in anticipation of the economic recovery of the global hospitality industry.” “Combining forces with Upserve is a strategic next-step in Lightspeed’s vision of providing the most advanced commerce platform to high-performing businesses around the world,” said Dax Dasilva, Founder, and CEO. Recommended AI News : Mavenir’s RCS Business Messaging Solution Available in Microsoft Azure hospitality market by an additional 7,000 customer locations generating over $6 billion in GTV in the trailing twelve-month period ending September 30, 2020. Combining with Upserve will grow Lightspeed’s position in the U.S. The acquisition builds on Lightspeed’s growth momentum following the company’s listing on the New York Stock Exchange and the acquisition of ShopKeep, a leading cloud commerce platform provider serving more than 20,000 customer locations. A convergence of the two companies’ teams and technology will provide independent restaurants in the United States, from fine-dine to multi-location fast-casual, one of the most competitive hospitality platforms on the market and enable the industry to more easily navigate the new dining needs made permanent by the COVID-19 pandemic. The union of Lightspeed and Upserve will accelerate product innovation and the advancement of Lightspeed’s analytics-driven commerce platform. Recommended AI News : DJI Counts More Than 500 People Rescued By Drones Around The World The acquisition strengthens Lightspeed’s position as an industry leader with high-performing restaurateurs across the United States as those restaurants refine the digital dining experience. You can definitely feel that it was created by people in the trenches of the restaurant industry, people that know what a quality ePOS system should include and what it does not need, and people that want to make the lives of those in their former careers and positions as easy as possible with the help of technology like Upserve.Lightspeed POS Inc., a leading provider of cloud-based, omnichannel commerce platforms, announced it has acquired Upserve Inc., a leading restaurant management cloud-software company based in Rhode Island and a Vista Equity Partners portfolio company. Final Verdictįrom top to bottom, this is one of the most impressive restaurant focused POS systems you can take advantage of today. This remains one of the most popular POS platforms on the planet for the restaurant and hospitality industry while evolving each year. Some have complained that Upserve has gotten more and more expensive over time, but the system continues to add new features, new add-ons, and we extensibility that most agree far outweighs the extra expense. This opens it up to a device agnostic kind of approach that “just works” on a variety of different hardware sets, allowing you to deploy it on devices that fit your needs and your budget without feeling restricted or handcuffed. One of the biggest advantages of this system, and a reason so many people choose Upserve over the competition, has to be the fact that it works on both the iOS and Android devices. You’ll find that the headaches you used to have to confront with your ePOS just don’t exist with Upserve. This obviously has made the PeOS system effortless to use and affordable, designed from the ground up with workers in mind to alleviate some of the stress and pressure they have to contend with on a day-to-day basis as they go about their jobs. The originators of the Upserve platform actually started on the front lines of the restaurant business themselves, with most of the management team comprised of people that have worked as managers, bartenders, and servers for years and years in the restaurant world and started this company looking to create the ultimate ePOS they would have loved to use.
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