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Toast

A cloud-based software and payments platform for restaurants and other hospitality businesses. Products include point-of-sale hardware and software, payment processing, online ordering, team management and payroll tools, and Toast Capital loans.

FintechRestaurant point-of-sale and payments softwareBoston, United States
Contact us on WhatsApp (opens in a new tab)toasttab.com (opens in a new tab)
FoundersSince 2011
Valuation
$8.0B
Total raised
$906M
Last round · Jun 2020
Convertible note
Founded
2011
Employees
6,500
Quarters in VP50
5

Valuation

$100M$1B2017201820192020$4.9B
Toast priced rounds
RoundDatePost-money valuationRaisedLed by
Series BJan 5, 2016$100M$30MBessemer Venture Partners
Series DJul 10, 2018$1.4B$115MT. Rowe Price
Series EMar 29, 2019$2.7B$250MTCV and Tiger Global Management
Series FFeb 14, 2020$4.9B$400MBessemer Venture Partners, Greenoaks Capital, Tiger Global Management, and TPG
Post-money valuation at each priced round. Log scale.Hover a point for the round

Updated

In VP50

  1. Q4 2023: no place
  2. Q1 2024: no place
  3. Q2 2024: no place
  4. Q3 2024: no place
  5. Q4 2024: no place
  6. Q1 2025: no place
  7. Q2 2025: no place
  8. Q3 2025: no place
  9. Q4 2025: no place
  10. Q1 2026: no place
  11. Q2 2026: no place
  12. Q3 2026: no place
  13. Q4 2026: no place

Place by quarter since Q4 2023. Best place #12, in Q2 2021.

Funding rounds

DateRound · leadRaisedValuation
Jun 19, 2020Convertible note$200M—
Feb 14, 2020Series F · Bessemer Venture Partners, Greenoaks Capital, Tiger Global Management, TPG$400M$4.9B
Mar 29, 2019Series E · TCV, Tiger Global Management$250M$2.7B
Jul 10, 2018Series D · T. Rowe Price$115M$1.4B
Jul 25, 2017Series C · Generation Investment Management, Lead Edge Capital$101M—
Jan 5, 2016Series B · Bessemer Venture Partners$30M$100M

Team

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Ramp

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