# Toast

**Source:** https://www.startuphub.ai/startups/toast
**Profile type:** Startup

> Cloud-based restaurant management and POS platform serving over 120,000 restaurants across the US.

## About

Toast is a Boston-based restaurant technology company providing an all-in-one point-of-sale and restaurant management platform built on Android. Its suite includes POS hardware, payment processing, online ordering, payroll, and analytics tools specifically designed for the restaurant industry. Toast went public in September 2021 under the ticker TOST and serves over 120,000 restaurants. The company employs 5,000-10,000 people and generates over $1 billion in annual revenue.

## Key facts

- **Slug:** toast
- **Website:** https://pos.toasttab.com
- **Location:** Boston, United States
- **Founded:** 2012
- **Employees:** 5000
- **Operating status:** Active
- **Total funding:** $1.4B
- **Sectors / tags:** Restaurant Tech, POS Systems, FoodTech, Restaurant Management, Payment Processing, SaaS, Cloud Software, Public Company
- **Social:**
  - LinkedIn: https://www.linkedin.com/company/toast-inc
  - Twitter: https://twitter.com/ToastTab
  - Facebook: https://www.facebook.com/ToastTab

## Frequently asked

### What does Toast do?

Toast is a Boston-based restaurant technology company providing an all-in-one point-of-sale and restaurant management platform built on Android. Its suite includes POS hardware, payment processing, online ordering, payroll, and analytics tools specifically designed for the restaurant industry. Toast went public in September 2021 under the ticker TOST and serves over 120,000 restaurants. The company employs 5,000-10,000 people and generates over $1 billion in annual revenue.

### What is Toast's revenue?

StartupHub estimates Toast's annual revenue at $1.4B (range $1.0B to $1.5B, 27% confidence), based on comparable companies in the sector.

### What is Toast's valuation?

StartupHub estimates Toast's effective valuation at $6.1B (range $3.4B to $8.2B, 22% confidence), based on comparable companies in the sector.

### How much funding has Toast raised?

Toast has raised a total of $1.4B in funding. The most recent round on record is IPO.

### Where is Toast headquartered?

Toast is headquartered in Boston, United States.

### When was Toast founded?

Toast was founded in 2012.

### What industry does Toast operate in?

Toast operates in Restaurant Tech, POS Systems, FoodTech, Restaurant Management, Payment Processing, SaaS.

### How many employees does Toast have?

Toast has approximately 5000 people on record.

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