Toast IPO

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.

Total Funding to Date$858.23MM
Register for Details

For more details on financing and valuation for Toast, register or login.

Please provide your first name.
Please provide your last name.
Please provide a valid email address.

By registering, you agree to Forge’s Terms of Use. Already registered? Click here to log in

Toast Ticker Symbol

Toast does not currently have an official ticker symbol because this company is still private. Register today to connect with our Private Market Specialists and learn more about new pre-IPO investment opportunities.

Major Investors for Toast

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

Toast Funding Rounds and IPO Valuation

Date Funding Round Funding Raised Price per Share IPO Valuation
2/14/2020 Series F $4.9B $XXX.XX $XXX.XX
4/1/2019 Series E $2.67B $XXX.XX $XXX.XX
7/10/2018 Series D $1.68B $XXX.XX $XXX.XX
6/27/2017 Series C $504MM $XXX.XX $XXX.XX
1/6/2016 Series B $125MM $XXX.XX $XXX.XX
12/31/2013 Series A $10MM $XXX.XX $XXX.XX
Based on primary financings

Other companies like Toast in the Consumer & Lifestyle sector

Last Round Est. Valuation
Last Round Est. Valuation
Last Round Est. Valuation
Last Round Est. Valuation
Last Round Est. Valuation
Last Round Est. Valuation
Last Round Est. Valuation