Toast is a restaurant point of sale and management system that helps restaurants improve operations, increase sales and create a better guest experience.

Toast offers advanced functionality including tableside ordering, quick menu modifications, real-time enterprise reporting, online ordering, and labor management on an easy-to-use interface.

Toast was founded in Dec 22, 2011 by Aman Narang, Jon Grimm & Steve Fredette. The company is based in Boston, Massachusetts.

Toast empowers successful restaurants by combining point of sale, front of house, back of house, and guest facing technology with an unequaled commitment to customer success. It enables the community of restaurateurs to delight guests and thrive.

Toast offers advanced functionality, as a cloud-based system built specifically for restaurants, including tableside ordering, quick menu modifications, real-time enterprise reporting, online ordering, and labor management on an easy-to-use interface. Toast is used nationwide by restaurants, cafes, nightclubs, and enterprise franchises.

 

Toast is backed by industry leading investors including Bessemer Venture Partners, GV, TCV, Tiger Global Management, & T. Rowe Price among others. The company raised $250M in it's most recent funding of a "Series E" round on Mar 26, 2019. This brings Toast's total funding to $502M to-date.

 

Toast was valued $2.7B during it's recent financing on Mar 26. 2019. Its previous valuation was $1.3B during it's "Series D" fundraising on Jul 10, 2018. The company has also acquired StratEx on Jul 24, 2019.

 

 

  • Year founded: 2011
  • Funding Info: $502M in 6 Funding Rounds (Last Funding Type: Series E)
  • Yearly Revenue: $50M-$100M (2018)
  • Employee Size: 1001-5000
  • Business Valuation: Valued at $2.7B as of Mar 26, 2019
  • City/Town: Boston
  • State: Massachusetts
  • Country: United States
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