Toast
Latest round
- Series F
Last raised
- Feb 2020
Total raised
- $846M
Investors
- 14
About Toast
Based in Boston, US, and founded in 2011 by Aman Narang, Steve Fredette, and Jon Grimm, Toast Inc. is a restaurant management platform that serves the community of restaurants, ranging from new entrepreneurs to enterprise brands. As of 2021, the company staffs over 2000 employees across the US and Dublin, Ireland. In 2020, Toast, Inc. The company’s products are powered by point of sale, front-of-house, back-of-house, and guest-facing technology and offers android based software services such as digital channel for online ordering and e-gift cards (Toast Now), on-demand delivery network (Toast Delivery Services), Toast Order and Pay and Toast TakeOut along with email marketing, loyalty programs, kitchen display system, self-ordering kiosks, and multi-location management.'s reporting and analytics software allows access to real-time sales, menu, and labour data and key business metrics on any device. Additionally, the company offers point-of-sale hardware products such as a POS terminal (Toast Flex) for guests and the kitchen, a handheld POS system for contactless payments with cards and digital wallets (Toast Go 2), and system accessories such as printers, hubs, routers, and Toast Tap. Toast also offers digital management software and a payroll and team management platform that enables the business to track hours, labour costs, timesheets, tips and taxes along with ensuring compliance with restaurant labour laws. The company’s competitors include Square Inc. and PayPal Holdings Inc. The company earns revenue when restaurants deploy its software. According to the company’s pricing policy, all-in-one POS can be accessed by small restaurants via the starter pack at no cost, whereas the company’s essential and growth packs are priced at USD 165 per month and USD 272 per month, respectively. The company’s digital ordering solutions can be accessed via Toast Now, Toast Now Plus and Toast Now Premium priced at USD 75, USD 100 and USD 175 per month respectively.99% and 15 cents on every transaction. The company’s standard plans can be accessed starting at USD 799 plus USD 69 per month along with other rates for card-present payment processing, card-not-present payment processing and a POS software subscription.S. customers. Toast, Inc. As of 2021, Toast plans to raise capital through an IPO that would value the company at USD 20 billion.
Who invested in Toast
14 investors across 5 rounds
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Questions about Toast
Who invested in Toast?
Toast has 14 investors on record across 5 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Toast raised?
Toast has raised 5 venture rounds. Sign up free to see how much each round raised and the total.
When did Toast last raise money?
Toast's most recent round on record is a Series F, in Feb 2020.
What does Toast do?
Based in Boston, US, and founded in 2011 by Aman Narang, Steve Fredette, and Jon Grimm, Toast Inc.
Where is Toast headquartered?
Toast is headquartered in Boston, US.
Which VCs invest in companies like Toast?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Toast's stage. Their profiles are linked below.
VCs backing software startups at Series F
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