Toast
NYSE: TOSTBoston, US · Founded 2011 · Delaware corporation · 9 known investors
Toast provides a point-of-sale platform built for restaurants and food service businesses, handling high-volume operations, revenue tracking, and retail sales. The platform includes AI-driven analytics (Toast IQ) that connect data and workflows to help operators make decisions and manage margins.
FoodTechRetail TechSaaS
Founders & leadership
Toast was founded in 2011 by Stephen Fredette, Jonathan Grimm, and Aman Narang.
Board
SP
Steve PapaBoard director
Investors · 9
Bessemer Venture PartnersRedwood City · $5M – $100M
Evolution VC PartnersNew York
F-Prime CapitalCambridge · $3M – $10Mvia David Jegen · led
Glynn Capital ManagementMenlo Park
MastrySan Francisco
Riot VenturesVenice · $3M
Teamworthy VenturesNew York
9Yards CapitalreportedNew York · $100K – $10M
Light Street CapitalreportedPalo Alto
Reported raises · per SEC filings
Form D private placements$24.4M disclosed across 2 rounds · 2015
▶$21.5MraisedJan 2016 · 4 investors · Other TechnologyRule 506(b)
▶$21.5MraisedJan 2016 · 4 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Timothy BarashExecutive Officer
- Steve PapaDirector
- Christopher ComparatoExecutive Officer, Director
- Kent BennettDirector
- Stephen FredetteExecutive Officer, Director
- Aman NarangExecutive Officer
- Offering amount
- $23.2M
- Amount sold
- $21.5M
- Proceeds to insiders
- $5.7M
- First sale
- Dec 2015
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
▶$3MraisedAug 2015 · 5 investors · Other TechnologyRule 506(b)
▶$3MraisedAug 2015 · 5 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Stephen FredetteExecutive Officer, Director, Promoter
- Steve PapaDirector, Promoter
- Jonathan GrimmDirector, Promoter
- Christopher ComparatoExecutive Officer, Director
- Aman NarangDirector, Promoter
- Offering amount
- $15M
- Amount sold
- $3M
- First sale
- Jul 2015
- Incorporated
- Corporation, Delaware, 2011
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
Competitors · 7
by search overlapUber Eats955528 shared keywordsEasiest way for consumers and businesses to order food from favorite local eateries
DoorDash929036 shared keywordsDoorDash operates a restaurant delivery platform that connects customers with dining establishments across hundreds of cities in North America through a logistics network.
Grubhub790292 shared keywordsChicago-based online food ordering and delivery platform, formerly NYSE-listed, now owned by Marc Lore's Wonder Group.
Postmates629787 shared keywords<UNKNOWN>
Eater223309 shared keywordsEater is a food and dining media publication producing restaurant guides, maps, videos, and articles covering where to eat across cities in the US and beyond. It covers dining out, groceries and retail, and local food scenes for readers and diners.
Atly212618 shared keywordsAtly is a location discovery app that helps people find restaurants, bars, and places to visit through personalized recommendations and user-generated tips. The consumer platform has been described as combining social community content with map-based navigation.
Wanderlog179095 shared keywordsWanderlog is a travel planning app that allows users to create detailed itineraries, explore shared guides from other travelers, and manage bookings—integrating attractions on maps, reservations, budgeting, and route optimization in a single platform.
Companies competing with Toast for the same Google search keywords, organic and paid, via search-intersection analysis.
In the news
Frequently asked questions
- What does Toast do?
- Toast provides a point-of-sale platform built for restaurants and food service businesses, handling high-volume operations, revenue tracking, and retail sales. The platform includes AI-driven analytics (Toast IQ) that connect data and workflows to help operators make decisions and manage margins.
- Who founded Toast?
- Toast was founded by Stephen Fredette, Jonathan Grimm, Aman Narang in 2011.
- Who are Toast's investors?
- Toast's investors include Bessemer Venture Partners, Evolution VC Partners, F-Prime Capital, Glynn Capital Management, Mastry, Riot Ventures, Teamworthy Ventures, 9Yards Capital and 1 more.
- How much funding has Toast raised?
- Toast has disclosed $24.4M raised across 2 rounds.
- Where is Toast headquartered?
- Toast is headquartered in Boston, US.