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.
IPO$870 millionTotal tracked $1 billionBoston, MA
What it does
Restaurant platform — technology and payments
Traction
Various participated in the latest tracked round; deeper traction analysis is held until source support is strong enough.
Trend impact
MD-grade thesis held: available source material is not specific enough to support a non-generic investor-economist read without overclaiming.
Funding history
- Recent · IPO · $870 million · Various
- Recent · 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