About Toast
Toast is a publicly listed company based in Boston (United States) founded in 2011 by Aman Narang, Jonathan Grimm, and Steve Fredette. Restaurant operations are managed via a cloud-based platform. Toast has raised $900 million across 8 funding rounds from investors including Bessemer Venture Partners, TPG and T. Rowe Price. The company has 8,021 employees. Toast has completed 1 acquisition, including StratEx. Toast was last valued at $16 billion in September 2021. Its chief executive, as recorded, is Aman Narang. Its website pos.toasttab.com draws about 3.3 million monthly visits. Its focus areas include Food and Agriculture Tech, Food Tech, Technology Enablers and Restaurants.
Company details
Founded in 2011 and headquartered in Boston, United States, Toast operates in the restaurant technology sector. A cloud-based platform is provided for point-of-sale systems, online ordering, delivery management, menu updates, reporting, analytics, marketing, team management, and back-office functions. Hardware solutions, including POS terminals, payment systems, kitchen kiosks, and printers, are also offered. Services are delivered on a subscription basis to support restaurant operations.
- Headquarters Boston, United States
- Employees 8,021
- Founders Aman Narang, Jonathan Grimm, Steve Fredette
- Stage Public
- SectorsConsumer
- Email••••••••
- Phone•••• ••••
- Website pos.toasttab.com
- Social LinkedIn X Facebook
- Legal Name Toast, Inc.
- Annual Revenue$6.15 B (USD)24.05as on Dec 31, 2025
- Net Profit$342 M (USD)1700as on Dec 31, 2025
- EBITDA$372 M (USD)229.2as on Dec 31, 2025
- Total Equity Funding$900M (USD)
in 8 rounds
- Latest Funding Round$400M (USD), Series F
Feb 2020
- InvestorsBessemer Venture Partners
& 28 more
- Employee Count8,021
- Investments & Acquisitions
Funding Insights of Toast
Toast has successfully raised a total of $900M across 8 strategic funding rounds. The most recent funding activity was a Series F round of $400 million completed in February 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding $900M
- Total Rounds 8
- Last Round Series F — $400M
- First Round $2.95M
(Aug 2015)
- Investors Count 29
All 8 funding rounds of Toast with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2020 | $400M | Series F | $4.9B | TPG, Bessemer Venture Partners | |
| Apr 2019 | $250M | Series E | – | – | |
| Mar 2019 | $250M | Series E | – | TCV, Tiger Global Management | |
| Jul 2018 | $115M | Series D | $1.4B | T. Rowe Price | |
| Jul 2017 | $101M | Series C | – | Generation Investment Management, Lead Edge Capital | |
| Jun 2016 | Series B | – | F-Prime Capital | – | |
| Jan 2016 | $30M | Series B | – | Bessemer Venture Partners | |
| Aug 2015 | $2.95M | Debt – Conventional | – | – | – |
| Date | Valuation | Stage |
|---|---|---|
| Feb 2020 | $4.9B | •••••••• |
| Jul 2018 | $1.4B | •••••••• |
Last known valuation $16B (Sep 2021). 29 investors in total: 29 institutional.
Investors in Toast
Toast has secured backing from 29 investors, including venture fund and institutional investors. Prominent investors backing the company include Bessemer Venture Partners, TPG and T. Rowe Price.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Fund of funds focused on pre-seed and seed-stage companies | 1992 | tpg.com | Fort Worth, United States | |
Venture capital investments and support for entrepreneurs in technology and innovation sectors. | 1911 | bvp.com | Redwood City, United States | |
Venture and private equity investments are managed with global diversification. | tigerglobal.com | New York, United States | ||
Growth-stage technology companies are funded via primary and secondary investments. | gsquared.com | Chicago, United States | ||
Venture capital is invested in global technology companies by TCV. | tcv.com | Menlo Park, United States | ||
Venture capital is invested in US tech and offline companies. | altaparkcapital.com | San Francisco, United States | ||
Tech-enabled businesses are funded by Greenoaks venture capital firm. | greenoaks.com | San Francisco, United States | ||
Lead Edge Capital is focused on growth equity investments in technology. | leadedge.com | New York, United States | ||
Private equity firm focused on sustainable investments | generationim.com | London, United Kingdom | ||
Investments in life sciences, technology, healthtech, and crypto sectors from global locations. | fprimecapital.com |
Investor details for Toast
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Toast
797 people are tracked at Toast (207 in leadership, 7 in board & advisors, 583 in team); the tracked headcount is 8,021.
| Name | Role | Group |
|---|---|---|
Aman Narang | Co-Founder & CEO | Leadership |
Jonathan Grimm | Co-Founder & CTO | Leadership |
Steve Fredette | Co-Founder & President | Leadership |
Conor Henrie | Director Of Product, Guest | Leadership |
Doug Churchill | Vp, Head Of Enterpise | Leadership |
Will Eppard | Area Vice President | Leadership |
Kendall Jensen | Regional Vice President Of Sales, Southwest | Leadership |
Brendan O'Donohoe | Vice President Of Sales & Onboarding (gtm) Intelligence And Operations | Leadership |
Kristen Carrillo | Regional Vice President Of Sales | Leadership |
Katie Patterson | Regional Vice President, Growth Sales | Leadership |
Elena Gomez | CFO | Leadership |
Eric Bisceglia | VP & Gm, Employee Cloud | Leadership |
Will Moger | Director, Global Workforce Strategy And M&a HR | Leadership |
Kim Looby | Vice President, People Success & Employee Relations | Leadership |
Pete Sauerborn | Chief Operating Officer | Leadership |
Melanie Pavels | Principal Technical Talent Acquisition Partner | Leadership |
Matthew Curley | Director Of Technical Operations, Customer Success | Leadership |
Ruksana Parveen | Senior Talent Acquisition Partner | Leadership |
Ben Smith | Vice President Of Customer Success | Leadership |
Kirt Schuman | Director - Payment Partnerships | Leadership |
777 more people are available in the full profile.
Complete people profiles for Toast
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IPO & Listings of Toast
Toast is a publicly listed company on the NYSE with ticker symbol TOST in USA, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date22 Sep 2021
- Listed onNYSE: TOST
- Listed entityToast, Inc.
- Exchange sectorTechnology services
- ISINUS8887871080
- Share price$30.89 (-1.37% on the day) · 2026-10-13
- Market capitalisation$17.95B
- Price to earnings39.5
- EPS (diluted, trailing year)$0.78
- Volume (last session)6,312,056
Financials of Toast
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | $6.15B | $342.0M | $372.0M |
| 2024 | $4.96B | $19.0M | $113.0M |
| 2023 | $3.87B | -$246.0M | -$240.0M |
| 2022 | $2.73B | -$275.0M | -$356.0M |
| 2021 | $1.71B | -$487.0M | -$202.0M |
Detailed financial statements for Toast
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
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Investments & Acquisitions by Toast
Toast has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include StratEx.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
An HRMS platform is offered for hospitality and retail sectors. | stratex.com | Chicago, United States | 2000 | Jul 2019 | •••• |
Complete acquisition details for Toast
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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Timeline of Toast
6 dated milestones of Toast across 10 years, from founding to its latest funding, stage changes and deals.
- Founded Toast is founded.
- Funding First funding round of $3.0M.
- Milestone Reaches Unicorn status.
- Acquisition Acquires StratEx.
- Funding Latest funding round, Series F, of $400.0M.
- IPO Lists on the stock exchange (IPO).
Web traffic of Toast
The website of Toast (pos.toasttab.com) receives about 3.3M visits a month.
- Monthly visits3.3M
▼ 15% vs previous month
Websites whose visitors overlap most with Toast. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| toasttakeout.com | 100% | 24.7K | #1,303,246 | View details | |
| 7shifts.com | 92% | 2.5M | #19,573 | View details | |
| touchbistro.com | 91% | 225.4K | #179,356 | View details | |
order.online | order.online | 89% | #3,025 | – | |
| opentable.com | 89% | 43.9M | #829 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 40 similar websites and full traffic analytics for Toast
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- 40 similar websites
- Audience overlap
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Top companies in Food & Beverage Platforms
2 companies that operate in the same segment as Toast (Food & Beverage Platforms) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Food and grocery deliveries are facilitated through an app-based platform. | 2013 | San Francisco, California, United States | USD 2.5 B | USD 10.72 B | 80,579 | |
Platform for discovering and sharing local businesses | 2004 | San Francisco, California, United States | USD 56 M | USD 1.46 B | 5,120 |
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Related news about Toast
Complete news archive for Toast
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Frequently Asked Questions about Toast
Toast was founded in 2011 and raised its 1st funding round 4 years after it was founded.
Toast is headquartered in Boston, United States. It is registered at Boston, Massachusetts, United States.
Aman Narang is the CEO of Toast, as recorded in our data. They have also founded this company.
Toast is a funded company, having raised a total of $900M across 8 funding rounds to date. The company's 1st funding round was a Debt – Conventional of $2.95M, raised on Aug 2015.
Toast has 8,021 employees.
Annual revenue of Toast is $6.15B as on Dec 31, 2025.
Founded in 2011 and headquartered in Boston, United States, Toast operates in the restaurant technology sector. A cloud-based platform is provided for point-of-sale systems, online ordering, delivery management, menu updates, reporting, analytics, marketing, team management, and back-office functions. Hardware solutions, including POS terminals, payment systems, kitchen kiosks, and printers, are also offered. Services are delivered on a subscription basis to support restaurant operations.
Yes, Toast is publicly traded on NYSE under the ticker symbol TOST.
Toast has made 1 acquisition, including StratEx.
Toast has 29 investors. Key investors include Bessemer Venture Partners, TPG, T. Rowe Price, Eight Roads Ventures, and Owl Rock.
The valuation of Toast is $16B as of Sep 2021.
The website of Toast receives about 3.3 million visits a month.