Toast
Valuation
$4.5B
2019 Revenue
$260.6M
Customers
10K
Funding
$902M
Avg ACV
$26.1K
Team
4.6K
Founded
2011
How Toast CEO Chris Comparato grew Toast to $260.6M revenue and 10K customers in 2019.
Toast is a cloud-based restaurant management software company that provides an all-in-one point of sale and management system designed to improve restaurant operations, increase sales, and enhance guest experience.
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Toast Revenue
In 2019, Toast's revenue reached $260.6M. Since its launch in 2011, Toast has shown consistent revenue growth.
| Year | Milestone |
|---|---|
| 2019 | Toast Hit $260.6m revenue in March 2019 |
| 2011 | Launched with $0 revenue |
Toast Valuation, Funding Rounds
Toast reached a $4.5B valuation in 2020, set during its Series F round.
Toast has raised $902M in total funding across 7 rounds, most recently a $400M Series F round in 2020.
| Year | Round | Amount | Valuation | % Sold |
|---|---|---|---|---|
| 2020 | Series F | $400M | $4.5B | 9% |
| 2019 | Series E | $250M | $2.5B | 10% |
| 2018 | Series D | $115M | $1.3B | 9% |
| 2017 | Series C | $101M | $526M | 19% |
| 2016 | Series B | $30M | $129M | 23% |
| 2015 | Debt Financing | $3M | - | - |
| 2015 | Series A | $3M | - | - |
Toast Employees & Team Size
Toast employs approximately 4.6K people as of 2026, up from 1.9K in 2021.
Toast has 4.6K total employees in different roles and functions and 432 sales reps that carry a quota. They have 10K customers that rely on the company's solutions.
| Year | Milestone |
|---|---|
| 2023 | Reached 4.6K employees (July 2023) |
| 2021 | Reached 1.9K employees (April 2021) |
| 2020 | Reached 1.6K employees (December 2020) |
| 2020 | Reached 1.7K employees (June 2020) |
| 2020 | Reached 1.6K employees (February 2020) |
| 2019 | Reached 2.2K employees (December 2019) |
| 2019 | Reached 1.5K employees (March 2019) |
| 2018 | Reached 1.1K employees (December 2018) |
| 2018 | Reached 1K employees (July 2018) |
| 2017 | Reached 600 employees (July 2017) |
Founder / CEO
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.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
See how Toast acquires and retains customers with data on acquisition costs and revenue performance. Log in to access the complete customer economics dashboard.
LockedFrequently Asked Questions about Toast
What is Toast's revenue?
Toast generates $260.6M in revenue.
Who founded Toast?
Toast was founded by Chris Comparato.
Who is the CEO of Toast?
The CEO of Toast is Chris Comparato.
How much funding does Toast have?
Toast raised $902M.
How many employees does Toast have?
Toast has 4.6K employees.
Where is Toast headquarters?
Toast is headquartered in Boston, Massachusetts, United States.
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Compare Toast to the industry
Toast operates across multiple industries. Browse revenue, funding, and growth data for Toast in each sector below.
Source Attribution
Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.
Company data last updated .