Toast, Inc. (TOST) NYSE

Currency In USD

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Toast, Inc.

Address

401 Park Drive

Boston, MA 02215

United States of America (the)

Phone

617 297 1005

Sector

Technology

Industry

Software - Infrastructure

Employees

5700

First IPO Date

September 22, 2021

Key Executives

NameTitlePayYear Born
Aman NarangCo-Founder, Chief Executive Officer & Director1.09M1983
Stephen FredettePresident, Co-Founder & Director580,9011984
Brian R. ElworthyGeneral Counsel & Corporate Secretary734,6711981
Elena GomezPresident & Chief Financial Officer924,0931970
Jonathan VassilChief Revenue Officer956,8011977
Lou OrfanosSenior Vice President & GM of Commerce01982
Mike GutnerChief People Officer0N/A
Kelly EstenChief Marketing Officer0N/A
Rossana NiolaChief Accounting Officer01980
Michel RbeizSenior Vice President & GM of FinTech0N/A
Peter SauerbornChief Operating Officer01967
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Description

Toast, Inc. delivers a comprehensive cloud-based digital technology platform tailored specifically for the restaurant sector, serving businesses across the United States and Ireland. Its extensive product suite features an array of hardware solutions, including the foundational Toast Point of Sale (POS) system. Toast Flex offers versatile functionality, adaptable as an on-counter order and payment terminal, a server workstation, a guest kiosk, a kitchen display system, or an order fulfillment hub. For enhanced tableside service and expedited table turnover, the company provides Toast Go, a handheld POS device facilitating ordering and payment acceptance directly at the table, alongside Toast Tap, a compact card reader. Beyond hardware, Toast supplies robust software solutions. Toast Order & Pay empowers guests to place orders and settle bills conveniently from their mobile devices. The platform integrates specialized kitchen display system software, streamlining communication between front-of-house staff and the kitchen team. For larger operations, multi-location management software enables customers to centralize operational control, standardize procedures, and efficiently configure menus. Back-office administrative tasks are supported by xtraCHEF tools. Furthermore, Toast Flex for Kitchen provides a larger, mountable hardware solution designed specifically as a kitchen screen. Regarding customer engagement and logistics, Toast offers the Toast Online Ordering & Toast TakeOut app, a software platform enabling restaurants to accept off-premises orders directly through their branded websites. For delivery, they provide First-Party Delivery services, allowing restaurants to manage their own driver fleets and customize delivery parameters such as hours, zones, fees, and minimum order values. Additionally, Toast Delivery Services connects restaurants with a network of third-party delivery drivers, complemented by broader Toast Delivery Partners services. The company's offerings extend to comprehensive business support services. These encompass loyalty programs and gift card management, payroll and team administration tools, tailored business owner policy insurance with restaurant-specific enhancements, and efficient payment processing solutions. Toast also facilitates financial support through loans advanced to restaurants and purchase financing options. Detailed reporting and analytics solutions provide valuable insights. For broader integration, Toast Partner Connect allows users to discover, select, and seamlessly integrate with various third-party partners via bi-directional APIs. Established in 2011, Toast, Inc. maintains its headquarters in Boston, Massachusetts.

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