Toast logo
Founded 2011

Toast

2019 Revenue

$260.6M

YOY

Funding

$902.0M

How Toast hit $260.6M in Revenue with 10K Customers in 2019.

About Toast

Toast empowers restaurants of all sizes to build great teams, increase revenue, improve operations, and delight guests. We pair our deep understanding of the restaurant industry with powerful cloud based software and restaurant-grade hardware to deliver an intuitive, all-in-one platform, across point of sale, guest marketing, digital ordering & delivery, and payroll & HR We are Toasters! Think you could be one too? http://pos.toasttab.com/careers|Toast is an all-in-one point-of-sale and restaurant management platform for businesses in the foodservice and hospitality space. As a cloud-based system built specifically for restaurants, Toast offers advanced functionality including tableside ordering, quick menu modifications, real-time enterprise reporting, online ordering, and labor management on an easy-to-use interface. The company powers successful restaurants by combining point of sale, front of house, back of house, and guest-facing technology with an unequaled commitment to customer success. It enables the community of restaurateurs to delight guests and thrive. Toast was founded on 2011 and is based in Boston, Massachusetts.

Monthly Revenue

$21.7M

Total Expenses

$21.7M

=
Net Income

-$1.0

Ebidta Margin

0.00%

+
YOY Growth

=
Rule of 40

0


Headquarters

BostonMassachusettsUnited States
$Funding$Revenue

Toast Revenue

In 2019, Toast revenue run rate hit $260.6M in revenue.

$260.6M

Toast Valuation and Funding History

Toast has raised a total of $902.0M.

Why are so many SaaS founders taking money from Founderpath.com instead of VC's?
Funding DateRoundAmountTotalValuation
02/14/2020$400.0M$4.9B
03/29/2019$250.0M$2.8B
10/07/2018$115.0M$1.4B
07/25/2017$101.0M$526.0M
05/01/2016$30.0M$129.0M
06/30/2015$3.0M
06/08/2015$3.0M

Customers

Toast has 10K customers.

Lifetime Months

×
Monthly ARPU

=
Lifetime Dollars


Acquisition Cost

Average Annual Price

$0$0.0024681012

Churn

Toast has an annual churn rate of 0.00%

Churn vs Expansion

-100-500%50100
Gross Annual Dollar Churn

-0.00%

Annual Dollar Expansion

0.00%

Net Revenue Retention

0.00%

Team

Employees

Toast has 2,185 employees. They have 432 sales reps that carry a quota They have an engineering team of 254. and a marketing team of 36.

2017201820192020202167.00%▲50.00%▲7.00%▲20.00%▲
DistributionQty

Total Team Size

2185

Engineers

254 (12%)

Sales

432 (20%)

Marketing

36 (2%)

CEO/Founder

Chris Comparato

Accomplished Executive and General Manager with an extensive background leading best in class SaaS, software and consulting organizations. Most recently Chris led all Customer Success functions with Acquia, spearheading the Acquia Experience during its continued high growth. Previously led all client facing functions for Endeca (now Oracle) after a consulting career at well-respected firms such as Keane and Cambridge Technology Partners. Proven track record of building and leading early stage firms through phases of high growth.


CEO Q&A

What's your age?

-

Favorite online tool?

-

Favorite book?

-

Favorite CEO?

-

Advice for 20 year old self

-


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Frequently Asked Questions about Toast

When was Toast founded?

Toast was founded in 2011.


Who is the CEO of Toast?

The CEO of Toast is Chris Comparato


How many employees does Toast have?

Toast has 2,185 employees.

How much revenue does Toast generate?

Toast generates $260.6M in revenue.


How much funding does Toast have?

Toast has raised $902.0M.


Where is Toast headquarters?

Toast is headquartered at BostonMassachusettsUnited States

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