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Dax Dasilva

Founder & CEO, Lightspeed Commerce

Commerce softwareMontreal

Dax Dasilva founded Lightspeed Commerce, the Montreal company that sells point-of-sale, payments and commerce software to retailers and restaurants, in 2005 and was its CEO until February 2022. After a stint as executive chair, Dasilva returned as interim CEO in February 2024 and was reappointed permanent CEO in May 2024. Dasilva also founded Age of Union in 2021.

Dax hasn’t spoken on a TechTO, TechVancouver or TechWaterloo stage. This profile is here because Dax co-founded Lightspeed Commerce.

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Quick answers

Did Dax Dasilva found Lightspeed?

Yes. Lightspeed's own announcement of February 15, 2024 says Dasilva served as CEO from the company's inception in 2005 until February 2022, and quotes Dasilva saying "I founded this company."

Why did Dasilva return as CEO of Lightspeed?

The Globe and Mail reported on 2024-02-15 that Dasilva came back as interim CEO after a poor investor reaction to the company's latest financial update, with the shares down more than 85 percent from their 2021 peak. Lightspeed's investor-relations page says Dasilva was reappointed permanent CEO on May 16, 2024.

Is Dasilva still Lightspeed's CEO?

Yes, as of 2026-09-24. Lightspeed's investor-relations board page, checked that day, lists Dasilva as Founder, CEO and Director.

What else has Dasilva built outside Lightspeed?

WÜL Magazine reported on 2019-12-09 that Dasilva founded the non-profit Never Apart in 2015 and published a first book, Age of Union, around the time of Lightspeed's IPO. Lightspeed's investor-relations page says Dasilva founded Age of Union, a non-profit environmental alliance, in 2021.

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Maintained by TechTO · facts sourced and dated · last reviewed Sep 24, 2026