How Toast hit $260.6M Revenue with 10K customers in 2022.
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.
In 2022, Toast revenue run rate hit $260.6M in revenue.
Toast hit $260.6M in revenue in 2019
Toast launched in 2011 with $0 revenue
Toast Funding History
Why are so many SaaS founders taking money from Founderpath.com instead of VC`s?
2020 Series F
Toast raised a Series F of $400M at a $4.5B valuation in February 2020
2019 Series E
Toast raised a Series E of $250M at a $2.5B valuation in March 2019
2018 Series D
Toast raised a Series D of $115M at a $1.3B valuation in July 2018
2017 Series C
Toast raised a Series C of $101M at a $526M valuation in July 2017
2016 Series B
Toast raised a Series B of $30M at a $129M valuation in May 2016
2015 Debt Financing
Toast raised a Debt Financing of $3M
2015 Series A
Toast raised a Series A of $3M
Toast has 1920 total employees and 432 sales reps that carry a quota. They have 10000 customers an engineering team of 254 and a marketing team of 36
Total team size
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.