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Restaurant Technology · Boston, Massachusetts · Est. 2011
Restaurant TechnologyB2BSaaSDeveloper-first↗ Website
$16B
Valuation
$5.5B
Revenue
7k+
Employees
2011
Founded

Toast is the leading restaurant technology platform that provides cloud-based point-of-sale, payments, online ordering, marketing, payroll, and operations software purpose-built for the foodservice industry. Founded in 2011 in Boston and publicly listed on the NYSE (TOST), Toast served over 164,000 restaurant locations in 2025 — from single-location cafes to multi-unit enterprise chains — processing over $140 billion in annualized gross payment volume with $2B+ in recurring revenue.

Recent Press
5 items
PRESS RELEASE·2 days ago
Toast Launches Next-Generation Restaurant Technology Infrastructure Platform
The new platform reduces deployment complexity by 60% and introduces real-time anomaly detection. Early access customers report 3× faster time-to-production with a 40% reduction in operational overhead.
FUNDING·3 weeks ago
Toast Secures $220M Series F at $6.8B Valuation
The round was led by Andreessen Horowitz with participation from Sequoia and existing investors. Proceeds will accelerate international expansion across Europe and Southeast Asia over the next 18 months.
ACQUISITION·5 weeks ago
Toast Acquires Developer Tooling Startup Stackform for $85M
The 18-person Stackform team joins Toast Engineering. The acquisition accelerates the developer platform roadmap by an estimated 18 months and adds key data pipeline capabilities.
PRESS RELEASE·2 months ago
Toast Expands Strategic Partnership with Google Cloud
The expanded partnership enables native integrations across all major Google Cloud services. Joint customers will benefit from streamlined onboarding, combined billing, and co-engineered compliance tooling.
EARNINGS·3 months ago
Toast Reports Q3 Revenue Up 41% Year-Over-Year, Beats Estimates
Strong enterprise adoption and geographic expansion drove results well above analyst consensus. Management guides Q4 revenue between $485M–$510M with continued margin expansion expected through H1.
Company History
9 milestones
Toast is established with a founding team of 6. The company sets out to reimagine restaurant technology infrastructure from the ground up, with its first office in Boston, Massachusetts.
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