Toast, Inc. was founded in 2013 by Amam Narang and Stephen Fredette. In an interview with Xconomy in April 2019, Fredette stated that “an IPO is not out of the question as an option for us” and that “[their] intent is to build a technology platform as a sustainable entity.” These comments should not be interpreted to mean that the company is formally pursuing or foregoing an IPO.

Toast develops restaurant management systems ranging from point-of-sale hardware to delivery management software. The cloud-based software allows for menu modification and online ordering integration. Toast has also announced it was launching a loan service tailored for restaurants. The company has raised nearly $900 million in Venture Capital funding from investors including Counterpart Advisors, Durable Capital Partners, Greenoaks Capital Partners, Light Street Capital Management, Riot Ventures, TCV, G Squared, Tiger Global Management, T. Rowe Price, Lead Edge Capital, Teamworthy Ventures, TriplePoint Venture Growth, Bessemer Venture Partners, and GV. Per company press releases, Toast last raised $400 million in February 2020 at a post-money valuation of nearly $5 billion.

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Learn More About Toast

To invest in Toast pre-IPO

Can you invest in Toast pre-IPO?

You may invest in Toast as it is a public company listed on the NYSE with ticker TOST. But if you are an accredited investor interested in buying pre-IPO shares of a private company, you can learn more about how to invest in the private market or register today to get started.

Can you sell shares of Toast before it goes public?

You can no longer sell shares of Toast on Forge as this company is no longer private. However, if you own shares of a private company, Forge may be able to help you sell them in a way that works for you and the company. Learn more or register with us today to get started.

What is the pre-IPO value of my Toast shares?

Forge can no longer determine the value of Toast shares as this company is no longer private. However, if you own shares of a private company, Forge may help you value and sell them in a way that works for you and the company. Learn more or register with us today to get started.

Is Toast a publicly traded company?

Toast became a public company following its IPO on 09/22/2021 and is now traded on the NYSE under the ticker TOST.

To learn more about Toast potential IPO

Will Toast go IPO?

Toast became a public company following its IPO on 09/22/2021 and is now traded on the NYSE under the ticker TOST.

What is Toast’s IPO price?

The IPO price of Toast is not currently available.

When was Toast founded?

Toast was founded in 2011.

What is Toast funding to date?

Toast has raised $858.23MM to date.

Who are Toast’s major investors?

Bessemer Venture Partners
Tiger Global Management
Greenoaks Capital
TCV
G Squared
Durable Capital Partners
Light Street Capital
TPG
Alta Park Capital

Toast Funding Rounds and Valuation

Funding History Chart
Funding Round Details
Funding Date Share Class Amount Raised Price per Share Post-Money Valuation Key Investors
02/14/2020 Series F $407.69MM $xx.xx $4.9B Alta Park Capital, Bessemer Venture Partners, Durable Capital Partners, Greenoaks Capital Partners, G Squared, Light Street Capital Management, Tcv, Tiger Global Management, Tpg Capital, T. Rowe Price
Price per Share
$xx.xx
Shares Outstanding
44,851,275
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Alta Park Capital, Bessemer Venture Partners, Durable Capital Partners, Greenoaks Capital Partners, G Squared, Light Street Capital Management, Tcv, Tiger Global Management, Tpg Capital, T. Rowe Price
04/01/2019 Series E $250MM $xx.xx $2.67B Bessemer Venture Partners, Tcv, Tiger Global Management, T. Rowe Price
Price per Share
$xx.xx
Shares Outstanding
45,788,025
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Tcv, Tiger Global Management, T. Rowe Price
07/10/2018 Series D $115MM $xx.xx $1.68B Bessemer Venture Partners, Generation Investment Management, G Squared, Lead Edge Capital, Tiger Global Management, T. Rowe Price
Price per Share
$xx.xx
Shares Outstanding
33,223,530
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Generation Investment Management, G Squared, Lead Edge Capital, Tiger Global Management, T. Rowe Price
06/27/2017 Series C $54.13MM $xx.xx $504MM Bessemer Venture Partners, Generation Investment Management, Gv, Lead Edge Capital, Teamworthy Ventures, Triplepoint Venture Growth
Price per Share
$xx.xx
Shares Outstanding
38,773,865
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Generation Investment Management, Gv, Lead Edge Capital, Teamworthy Ventures, Triplepoint Venture Growth
01/06/2016 Series B $29.91MM $xx.xx $125MM Bessemer Venture Partners, Gv
Price per Share
$xx.xx
Shares Outstanding
76,536,695
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Bessemer Venture Partners, Gv
12/31/2013 Series A $1.5MM $xx.xx $10MM Genentech, Gv, Mohr Davidow Ventures, New Enterprise Associates
Price per Share
$xx.xx
Shares Outstanding
18,072,290
Liquidation Pref Order
1
Liquidation Pref As Multiplier
1.0x
Conversion Ratio
1.0x
Dividend Rate
8.0%
Cumulative
Non-cumulative
Participating
Non-participating
Participation Cap
--
Key Investors
Genentech, Gv, Mohr Davidow Ventures, New Enterprise Associates
Updated on: Dec 17, 2024

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