What is Toast's business focus and history?

Toast, Inc. is a publicly funded company based in Boston, Massachusetts (United States), founded in 2012 by Steve Fredette, Aman Narang, and Jon Grimm. It operates as a cloud-based restaurant management platform offering an all-in-one point of sale system designed to streamline operations and enhance guest experiences. Toast has raised significant funding, including a $400 million Series F round in February 2020, valuing the company at $4.9 billion. The company has 5,700 employees and serves over 120,000 restaurants across the United States. Its top competitors include companies like Square, Clover, and Lightspeed.

Toast Corporate Details & Core Services

Toast is a cloud-based, all-in-one digital technology platform purpose-built for the restaurant community, offering a comprehensive suite of software and financial technology solutions to streamline operations, increase revenue, and enhance guest experiences.

Toast Contact Information & Official Links

Website https://www.toasttab.com
Social        
Email id media@toasttab.com
Phone number (617) 297-1005
Head office address Boston, Massachusetts, United States
Tags Restaurant Management Point of Sale Cloud Computing Fintech

What are Toast's Key Business Metrics & Stats?

No of employees 5700
Founded year 2012
Type public
SAICS CODE 7372
NAICS Code 511210
Industry Restaurant Technology
Location Boston, Massachusetts, United States
Stock Name TOST (NYSE)
Other website pos.toasttab.com
Pricing Strategy Starter, Essentials, Growth, Enterprise
Toast TOST (NYSE) Firmographic Snapshot 2026 2012 Founded Year 5700 Global Employees United States Headquarters RestaurantTechnology Industry Public Type Verified by DexterAgent.ai

How much funding has Toast raised to date?

Name Description
Funding Amount USD 400 Million
Stage Series F
Latest Valuation 20 Billion (USD)
Lead Investor Bessemer Venture Partners
Investors Bessemer Venture Partners, TPG

What are Toast's Core Products?

Name Description
Point of Sale System An Android-based POS system integrating front-of-house and back-of-house operations.
Online Ordering and Delivery Commission-free online ordering capabilities integrated with the POS system.
Payroll and Team Management Tools for scheduling, payroll processing, and team management.
Marketing Suite Email marketing, loyalty programs, and gift card solutions to engage customers.
Inventory Management Tools to track and manage restaurant supplies effectively.

What are the latest developments at Toast?

Date Type Description
February, 2026 Partnership Toast and Instacart announced a strategic partnership to streamline operations for businesses across the United States.
May, 2025 Product Launch Toast launched ToastIQ, an AI assistant designed to enhance restaurant operations.

What industry awards and recognitions has Toast received?

Date Type Description
January, 2019 Recognition Named to the 2019 Forbes Fintech 50.
May, 2016 Award Winner of the Hottest Startup: A+ at the 2016 NEVY awards.

Toast VS Square VS Clover VS Lightspeed Commerce : 2026 Comparison

Feature Toast Square Clover Lightspeed Commerce
Core Strengths Point of Sale System, Online Ordering and Delivery, Payroll and Team Management, Marketing Suite, Inventory Management Square Reader, Square Stand, Square Register, Square Terminal, Square Online, Square Appointments, Square Payroll, Square Capital Clover Station, Clover Mini, Clover Flex, Clover Go Lightspeed Retail, Lightspeed Restaurant, Lightspeed eCommerce, Lightspeed Golf
Founded Year 2012 2009 2010 2005
Stock Name/Ticker TOST (NYSE) SQ (NYSE) LSPD (NYSE), LSPD (TSX)
Type public public private public
Global Employees 5700 11372 1400 5000
Revenue (Annual) $3 Billion(2024) $7.7 Billion(2024) $300 Million(2025) $500 Million(2025)
Headquarters Boston, Massachusetts, United States San Francisco, California, United States Sunnyvale, California, United States Montréal, Quebec, Canada
Latest Valuation $20 Billion $29 Billion   $1.4 Billion
LATEST REVENUE (TRILLIONS USD) EMPLOYEE COUNT (THOUSANDS) INNOVATORS VISIONARIES DISRUPTORS GIANTS Square 7.7 | 11372 Clover 300 | 1400 Lightspeed Commerce 500 | 5000 Competitive Landscape 2026 DexterAgent.ai
Name Description
Legal Name Toast, Inc.
Cin number
GST number
Registration number 001100110

Who is in Toast's executive leadership team?

Name Designation
CEO Aman Narang
Co-Founder and President Steve Fredette
Co-Founder and CTO Jon Grimm

Where are Toast's primary office locations?

City Country
San Francisco United States
Chicago United States
Omaha United States
Los Angeles United States
Las Vegas United States
New York City United States
Houston United States
Bengaluru India
Chennai India
Dublin Ireland
Lublin Poland

What are the current business signals and market intelligence for Toast?

Spending next 3 months Product Development, Market Expansion, Strategic Partnerships
Pain points Operational Inefficiencies, High Transaction Fees, Customer Engagement
Sales motion Direct Sales, Channel Partners
Buyer Persona Restaurant Owners, General Managers, Operations Managers
Type of customer Restaurants, Bars, Cafes, Food Trucks
Key customer domain restaurant.com, bar.com, cafe.com
Annual ACV $10,000 - $50,000

What is Toast's annual revenue history?

Year Revenue (USD)
2024 3 Billion

What are Toast's risk management and compliance ratings?

GDPR RIsk No
Privacy Risk No
Company Ratings 3.1
Glassdoor Rating 3.8

What are Toast's business model and service classifications?

Saas Yes
Offline Stores No
Service Yes
Ecommerce Yes
Exporter No
Mobile App Yes
Retail No
B2B Yes
B2C No
Manufacturing No
Wholesale No
Importer No
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