Toast Raises $870 million IPO

Toast has raised $870M in IPO funding led by Various, with participation from Various (IPO). Expand Toast Marketing and Toast Payroll nationwide.

What it does

Toast operates in Enterprise Software & SaaS; Capvizr needs more source text before writing a fuller operating profile.

Traction

Expand Toast Marketing and Toast Payroll nationwide. The company is using its latest financing to scale, with the IPO round serving as the clearest current traction signal in the source bundle.

Trend impact

Expand Toast Marketing and Toast Payroll nationwide. As adoption in Enterprise Software & SaaS expands, focused products from Toast can pressure incumbents or broader platforms that do not address the same problem directly.

Funding history

• September 1, 2021 · IPO · $870 million · Various (IPO)
• February 1, 2021 · Series F · $400 million · Bessemer

Products & services

• Enterprise Software & SaaS workflow monitoring tied to the funding announcement
• Customer-facing product described on the company website
• Operational tooling for enterprise software & saas teams
• Data capture and reporting across core business processes
• Team expansion support funded by the latest round