Upserverevenue, acquisition & funding
Restaurant POS SystemsUnited StatesFounded 2009
Upserve was acquired by Lightspeed. See Lightspeed's profile →
Upserve is a Restaurant POS Systems company based in the United States, founded in 2009.
Upserve revenue
Upserve's annual revenue was $17.3M in April 2021, its last figure before Lightspeed bought it (source not recorded).
| As of | Revenue | Source |
|---|---|---|
| Apr 2021 | $17.3M | – |
– source not recorded
Who owns Upserve
Lightspeed owns Upserve. The date and price of the deal are not on record.
Upserve funding rounds & investors
Upserve has raised $40.5M across five rounds since 2009. The latest was a $20M funding round in May 2014.
| Date | Round | Raised |
|---|---|---|
| May 2014 | Funding round | $20M |
| May 2013 | Funding round | $12M |
| May 2010 | Funding round | $7.5M |
| Dec 2009 | Funding round | $125K |
| Nov 2009 | Funding round | $875K |
| Total raised | $40.5M |
Upserve CEO, founders & employees
Sheryl Hoskins founded Upserve in 2009 and led it as CEO. Upserve had 206 employees (April 2021).
- Sheryl HoskinsFounder & CEO
Team mix (Apr 2021): 18 engineers, 50 in sales, 6 in marketing
Upserve FAQ
What was Upserve's revenue?
Before Lightspeed bought it, Upserve's annual revenue was $17.3M in April 2021 (source not recorded).
Who owns Upserve?
Lightspeed owns Upserve.
How much funding has Upserve raised?
Upserve raised $40.5M across five funding rounds before Lightspeed bought it. The last was a $20M funding round in May 2014.
How many employees does Upserve have?
Upserve had 206 employees in April 2021.
Who founded Upserve?
Sheryl Hoskins founded Upserve in 2009.
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How this page is sourced
Founder figures link to the second they were said; public figures name their source; estimates are marked EST. and say whose they are. Not financial advice.
Updated Aug 10, 2026Data disclaimerReport a correctionClaim this profileRun Upserve? Join the podcast