Toasting New Heights: Toast Raises $17.5M to Empower Restaurants in the Digital Age

Toast is thrilled to announce that we have successfully raised $17,500,000 in our latest funding round—a monumental milestone that fuels our relentless drive to transform the restaurant industry. At Toast, we empower restaurants of all sizes to build great teams, increase revenue, streamline operations, and delight guests by harnessing the power of innovative, cloud-based technology and state-of-the-art restaurant-grade hardware. Our expanded capital will accelerate the development of our intuitive, all-in-one platform, which covers critical facets of restaurant management including point of sale, guest marketing, digital ordering and delivery, and payroll and HR. With a deep-rooted understanding of the unique challenges faced by restaurant operators, we are poised to deliver tailored solutions that not only simplify daily operations but also foster substantial business growth. The fresh infusion of funds is dedicated to fuel ongoing product innovation, expanding our integration capabilities, and scaling our technology to support a broader and more diverse client base, ensuring that every restaurant, whether small or large, can benefit from our powerful tools. As we continue to refine and expand our offerings, we remain committed to enhancing the guest experience and streamlining operations in an increasingly digital age, thereby setting new standards in the hospitality sector. And as we embark on this next exciting chapter, we invite passionate, forward-thinking professionals to join our team—because at Toast, we are Toasters! If you believe you have what it takes to be part of a dynamic, innovative company that is revolutionizing how restaurants operate, check out our opportunities at https://careers.toasttab.com/ and help us shape the future of dining.