FiveStars
Founders
Victor Ho - Co-Founder & CEO
Matt Doka - Co-Founder & CTO
Founded
2011
Stage
Series A
Invested
2012
Status
Acquired by SumUp
Lightspeed Team
Peter Nieh - Co-Founder

FiveStars provides the simplest, most powerful way for local businesses to increase customer loyalty. The platform allows merchants to drive lasting increases in revenue without discounting, while increasing overall customer satisfaction through rewards.

Acquired by SumUp in 2014.

Peter Nieh
Fraction Fraction

Faction Ventures, LLC (“Faction”) and Lightspeed Management Company, L.L.C. (“Lightspeed”) are separate businesses that operate independently of each other. Faction is a registered investment adviser under the United States Investment Advisers Act of 1940, as amended. Faction advises its own fund(s) and does not advise any Lightspeed clients, and Lightspeed does not advise Faction or any of its clients. Lightspeed and Faction are parties to an agreement pursuant to which Lightspeed holds certain interests in Faction and the fund(s) Faction manages.

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