Upserve
Latest round
- Series C
Last raised
- May 2014
Total raised
- $40M
Investors
- 7
About Upserve
Upserve, Inc.Founded in 2009 in Providence, US, Upserve, Inc. specializes in restaurant management solutions. In December 2020, Upserve was acquired by Lightspeed POS Inc. for USD 430 mn, which included approximately USD 123 mn in net cash.Upserve's primary offering is Lightspeed Restaurant (U-Series), a robust restaurant management platform that optimizes operations through an integrated point-of-sale (POS) system. This platform incorporates features such as inventory management, customer relationship management, and advanced reporting, making it suitable for restaurants of all sizes, from quick-service to fine dining.Upserve generates revenue through subscription-based models for its software solutions, alongside transaction fees from payment processing services. Clients engage with Upserve through a tiered pricing structure based on required features and services, which include POS hardware, software licenses, and ecommerce tools. The company aims to enhance its platform's capabilities and introduce new products, targeting growth in emerging markets over the next few years.
Who invested in Upserve
7 investors across 4 rounds
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Questions about Upserve
Who invested in Upserve?
Upserve has 7 investors on record across 4 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Upserve raised?
Upserve has raised 4 venture rounds. Sign up free to see how much each round raised and the total.
When did Upserve last raise money?
Upserve's most recent round on record is a Series C, in May 2014.
What does Upserve do?
Upserve is a software company.
Where is Upserve headquartered?
Upserve is headquartered in Providence, US.
Which VCs invest in companies like Upserve?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Upserve's stage. Their profiles are linked below.
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