Lightspeed Commerce Inc.

Wishbone Management completely exited its 2.8 million share position in Lightspeed Commerce, selling for approximately $27.96 million in Q1 2026. The exit suggests the fund lost confidence in the company's turnaround timeline, despite Lightspeed showing improving fundamentals with 14% revenue growth and positive operating cash flow. The stock has...

Lightspeed Commerce announced the sale of its Upserve product line to Skyview Equity for up to $81 million, with $37 million subject to earnout. The divestiture aims to sharpen focus on core retail and hospitality businesses and enhance capital allocation flexibility. The stock traded up 1.38% to $8.92 despite broader market weakness, though tech...

Toast Inc., a restaurant fintech platform with 20% market penetration, achieved profitability in 2025 with $6.2 billion in revenue and $342 million in net income, up from $19 million in 2024. The company generated $608 million in free cash flow and expects 20-22% growth in recurring profit for 2026. However, Toast faces significant risks due to i...

Coral, a healthcare automation platform founded by Ajay Shrihari and Aniket Mohanty, has raised $12.5 million in funding led by Lightspeed and Z47. The company automates administrative workflows for specialty healthcare providers by integrating with existing EHR systems and fax infrastructure rather than replacing them. With 99.7% accuracy on doc...

Portkey, a control plane for production AI, open-sourced its unified Gateway and launched an MCP Gateway for governing AI agents. The platform processes 1T+ tokens and 120M+ AI requests daily across 24,000+ organizations. The company raised $15M in Series A funding led by Elevation Capital to expand its infrastructure for the emerging agentic AI ...