/Companies

Toast

NYSE: TOST

Boston, US · Founded 2011 · Delaware corporation · 7,871 employees on LinkedIn · 22 known investors

Find your way into Toast

Sign up to see every warm intro you have to Toast

  • Paths you didn't know you had: your email and LinkedIn already hold routes to the Toast team. We find them for you
  • 2nd- and 3rd-degree connections: the friend-of-a-friend routes that take hours to manually find through your inbox or LinkedIn
  • Answers now, not in days: momentum is everything in a raise. Skip asking around whether someone knows someone

Days of research, done the moment you sign in, with every route ranked by how warm it is.

Toast provides a restaurant management platform combining point-of-sale hardware (Flex POS, Toast Go 3 handheld) with software tools for online ordering, payroll, and other operations. It serves restaurants and restaurateurs across the food service industry.

Also known as Toast Tab · Toast, Inc.

Founders & leadership

Toast was founded in 2011 by Stephen Fredette, Jonathan Grimm, and Aman Narang.

SF
Stephen FredetteCo-founder
JG
Jonathan GrimmCo-Founder of Toast & Chief Technology Officer, Toast.org2022–2024Jonathan Grimm co-founded Toast in 2012 and spent over a decade as its Chief Technology Officer, leading the company's software and technology efforts from its early days through its IPO, and later served as CTO of Toast.org, the company's philanthropic arm, until 2024. He holds a BS in Computer Science from MIT.
ANAman Narang
Aman NarangCEO and Co-FounderInvestor at Toast, Inc.
CC
Christopher ComparatoExecutive
SF
Steve FredetteFounder

Board

SP
Steve PapaBoard director

Investors · 22

Reported raises · per SEC filings

Form D private placements

$24.4M disclosed across 2 rounds · 2015

▶$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
Full filing on SEC EDGAR ↗
▶$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
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Key figures

latest reported
HeadcountAug 20267,871

Company-reported or press-reported figures, each dated to when it was claimed — not independently audited.

Founder mafia

5 people who came through Toast went on to found or lead other companies.

Related companies · 8

Companies working in the same space as Toast.

Legal entities · 1

corporate structure
ToastDelaware

Frequently asked questions

What does Toast do?
Toast is a Boston-based restaurant management platform combining point-of-sale hardware with operations software.
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, Blue Owl Capital, Connetic Ventures, Evolution VC Partners, F-Prime Capital, FIRSTFLOOR CAPITAL, G2C Venture Partners, Glynn Capital Management and 14 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.