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Toast Inc . logo

Toast Inc .

Toast, Inc. is a cloud-based restaurant software company based in Boston, Massachusetts. The company provides a restaurant management and point of sale (POS) system built on the Android operating system. Toast was founded in Cambridge, Massachusetts in 2012 by Steve Fredette, Aman Narang, and Jonathan Grimm. In February 2020, Toast received $400 million in a round of Series F funding including Bessemer Venture Partners and TPG, at a valuation of $4.9 billion. Toast is used in thousands of restaurants, from small cafes to nationwide enterprises, across the U.S.

pos.toasttab.com

Founded

2011

Employees

Between 2,000 - 5,000 employees

Raised

$901,950,016

Headquarters Location

Boston, MA

Public

TRUE

Acquired

FALSE

Founders

Aman Narang
Aman Narang
Steve Fredette
Steve Fredette
Jonathan Grimm
Jonathan Grimm

CEO

Chris Comparato

Competitors

Data provided by Diffbot

Olo logo
Olo

Funding Rounds

$400,000,000

  • G Squared
  • Alta Park Capital LP
  • Counterpart Advisors
  • American Express Ventures
  • Greenoaks Capital
  • Bessemer Venture Partners
  • TCV - Technology Crossover Ventures
  • Light Street Capital
  • TPG
  • Durable Capital Partners LP
  • 9Yards Capital
  • Tiger Global Management

February 2020

$250,000,000

March 2019

$115,000,000

July 2018

$101,000,000

July 2017

$30,000,000

January 2016

$2,950,000

August 2015

$3,000,000

  • Princeton Ventures

July 2015

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