Toast
A point-of-sale system and payment software platform purpose-built for the US restaurant industry, providing restaurants with an integrated solution covering order taking, payment processing, and tip management.
Timeline (last 90 days)
Summit speakers include founders and investors from companies such as Toast and Bessemer.
Toast is a SaaS company that provides cloud-based POS systems and one-stop management software for the restaurant industry, founded in New York in 2011 and listed on the NYSE in 2021.
Toast started from the pain point of restaurant checkout and gradually expanded to value-added services such as payments, payroll and supply chain finance.
Toast originated in New York, but its business is essentially serving local restaurant merchants, and in a vertical industry, geography can translate into a moat.
The self-service ordering terminal market already has players such as Toast and Clover, but devices that use AI voice conversation as the core interaction method are still uncommon.
The business models of payment software providers such as Square and Toast are indirectly correlated with tip percentages, as higher transaction amounts mean more fee revenue.
All Facts (5)
Toast is a SaaS company that provides cloud-based POS systems and one-stop management software for the restaurant industry, founded in New York in 2011 and listed on the NYSE in 2021.
50%UnverifiedToast started from the pain point of restaurant checkout and gradually expanded to value-added services such as payments, payroll and supply chain finance.
50%UnverifiedToast originated in New York, but its business is essentially serving local restaurant merchants, and in a vertical industry, geography can translate into a moat.
50%UnverifiedThe business models of payment software providers such as Square and Toast are indirectly correlated with tip percentages, as higher transaction amounts mean more fee revenue.
50%UnverifiedSummit speakers include founders and investors from companies such as Toast and Bessemer.
50%