When was Toast founded?

Toast was founded in 2011 and raised its 1st funding round 4 years after it was founded.

Where is Toast located?

Toast is headquartered in Boston, United States. It is registered at Boston, Massachusetts.

Who is the current CEO of Toast?

Aman Narang of Toast. They have also founded 1 company and are angel investors in 2 startups.

Which legal entities is Toast associated with?

Toast is associated with Toast, Inc. and 1 other.

How many employees does Toast have?

As of May 31, 2026, the latest employee count at Toast is 7744.

Is Toast a funded company?

Toast is a funded company, having raised a total of $900M across 7 funding rounds to date. The company's 1st funding round was a $2.95M Conventional Debt round, raised on Aug 06, 2015.

When was the latest funding round of Toast?

Toast's latest funding was a $400M Series F round on Feb 14, 2020, with participation from 9 investors.

What is the annual revenue of Toast?

Annual revenue of Toast is $6.15B as on Dec 31, 2025.

Is Toast a Food Tech company?

The primary sector of Toast is Food Tech.

Where does Toast rank among its competitors?

Toast ranks 1st amongst 1815 active competitors, of which 164 are funded. It stands 1st in terms of total funding among its competitors. The most recent competitor to raise funding was SynergySuite, which secured $12M in Aug, 2025.

Who are the top competitors of Toast?

Toast's top competitors include Olo, Paytronix and Odeko. Among them, SynergySuite secured the most recent funding round in August, 2025.

Toast - 2026 Company Profile, Team, Funding, Competitors & Financials

Toast is a public company based in Boston (United States), founded in 2011 by Steve Fredette, Aman Narang and Jonathan Grimm. It operates as a Cloud-based point of sale and management system for restaurants. Toast has raised $900M in funding from investors like Bessemer Venture Partners, Tiger Global Management and TCV. The company has 1815 active competitors, including 164 funded and 58 that have exited. Its top competitors include companies like Olo, Paytronix and Odeko.

Sectors and market segments that Toast operate in

Toast serves in the Food and Agriculture Tech market segments.The primary business model of Toast is:

Food and Agriculture Tech > Food Tech > ***** **** > ***** ******

Company Details

Cloud-based point-of-sale and management system for restaurants. It is designed to improve operations, increase sales, and enhance the guest experience. It offers a range of features, including digital ordering and delivery integration.

Website: pos.toasttab.com
Social
Email ID: *****@toasttab.com
Phone Number: +1 **********
Registered Address: Boston, Massachusetts

Key Metrics

Founded Year

2011

Location

Boston, United States

Stage

Public

Total Funding

$900M in 7 rounds

Latest Funding Round

Series F, Feb 14, 2020, $400M

Investors

Bessemer Venture Partners & 31 more

Ranked

1^st among 1815 active competitors

Annual Revenue

$6.15B as on Dec 31, 2025

Employee Count

7,744 as on May 31, 2026

Investment & Acquisitions

StratEx & 1 more

Similar Companies

Olo & 2209 more

Exit Details

Public

View Toast's full profile

Toast is associated with 2 legal entities given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
TOAST, INC CIN: 454168768 , United States, Active	Dec 31, 1999	$3.86B (As on Dec 31, 2023)	4799 (As on Dec 31, 2024)	-
Toast, Inc. CIN: 1650164 , United States, Active	Dec 21, 2011	$6.15B (As on Dec 31, 2025)	5500 (As on Dec 31, 2023)	-

Toast got listed on Sep 22, 2021.

Click here to take a look at Toast's IPO in detail

Toast has raised a total funding of $900M over 7 rounds. Its first funding round was on Aug 06, 2015. Its latest funding round was a Series F round on Feb 14, 2020 for $400M. 9 investors participated in its latest round. Toast has 32 institutional investors.

Here is the list of recent funding rounds of Toast:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Feb 14, 2020	$400M	Series F	$4.9B	-	TPG, Bessemer Venture Partners, Tiger Global Management, Greenoaks	Durable Partners, Light Street Capital, G Squared, TCV, Alta Park Capital
Mar 29, 2019	$250M	Series E	$2.7B	-	TCV, Tiger Global Management	Bessemer Venture Partners, T. Rowe Price, Lead Edge Capital
Jul 10, 2018	$115M	Series D	$1.4B	-	T. Rowe Price	Tiger Global Management, Bessemer Venture Partners, Generation Investment Management, Lead Edge Capital

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View details of Toast's funding rounds and investors

The founders of Toast are Steve Fredette, Aman Narang and Jonathan Grimm. Aman Narang is the CEO of Toast.

Here are the details of Toast's key team members:

Steve Fredette: Co-Founder & President of Toast and founder of 1 other company. They are also an angel investor in 6 startups.
Contact Info: 1 email address
Aman Narang: Co-Founder & CEO of Toast and founder of 1 other company. They are also an angel investor in 2 startups.
Contact Info: 1 email address
Jonathan Grimm: Former Co-Founder of Toast and founder of 1 other company.

View details of Toast's Founder profiles and Board Members

Toast's employee count trend

Toast has 7,744 employees as of May 26. Here is Toast's employee count trend over the years:

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Top competitors of Toast include Olo, Paytronix and Odeko. Here is the list of Top 10 competitors of Toast, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Toast 2011, Boston (United States), Public	Cloud-based point of sale and management system for restaurants	$900M	TriplePoint Capital, TCV & 30 others	82/100
2nd	Olo 2005, New York City (United States), Acquired	Provider of a platform for restaurant brands to manage digital operations	$73.6M	Tiger Global Management, The Raine Group ... & 10 others	81/100
3rd	Paytronix 2001, Newton (United States), Acquired	Provider of digital guest engagement platform for restaurants and c-stores	$75M	Great Hill Partners, SVB & 1 others	70/100
4th	Odeko 2019, New York City (United States), Series E	Provider of online ordering solution for coffee businesses	$296M	B Capital, GGV Capital & 29 others	69/100
5th	Tillster 2006, San Diego (United States), Series C	Restaurant digital ordering solutions: online, mobile, delivery, kiosk, and data science	$90.4M	AllegisCyber Capital, BYU Cougar Capital & 1 others	67/100
6th	TouchBistro 2010, Toronto (Canada), Series E	Cloud-based POS and restaurant management system	$321M	Relay Ventures, Kensington Capital Partners ... & 21 others	67/100
7th	Zenput 2011, San Francisco (United States), Acquired	Platform offering software for mobile sales data collection	$47M	Golub Growth, Jackson Square Ventures & 4 others	67/100
8th	SynergySuite 2011, Dublin (Ireland), Series B	AI-powered restaurant management software for streamlined operations and increased profitability	$28.6M	First Analysis, LAGO & 16 others	65/100
9th	Foodics 2014, Riyadh (Saudi Arabia), Series C	Cloud-based POS and restaurant management system for efficient operations	$198M	Sanabil, Raed Ventures & 15 others	65/100
10th	Restaurant365 2011, Irvine (United States), Series C	Cloud-based platform for restaurant management	$283M	Iconiq Capital, Bessemer Venture Partners ... & 5 others	63/100