Toast, Inc. (TOST)

Provider of restaurant management software and point-of-sale systems for the foodservice industry.

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Toast, Inc. operates an innovative cloud-based digital platform tailored for the restaurant industry, catering to establishments across the United States and Ireland. The company's flagship offerings include Toast Point of Sale (POS), a versatile hardware solution designed to streamline operations at every stage of dining service. Complementing this, Toast Order & Pay empowers guests to conveniently place orders and settle bills directly from their mobile devices, enhancing overall dining experiences. Additionally, Toast Flex serves as a versatile on-counter system that supports various functions such as server stations, guest kiosks, and order fulfillment, thereby optimizing workflow efficiency.

Toast also introduces Toast Go, a handheld POS device that facilitates tableside ordering and payment processing, significantly reducing table turnover times. The company further enhances kitchen operations with its kitchen display system software, bridging seamless communication between front-of-house staff and kitchen teams. For multi-location restaurant chains, Toast offers centralized management software to standardize operations and configure menus, ensuring consistency and operational efficiency across different sites.

Beyond operational tools, Toast provides robust digital solutions such as Toast Online Ordering & Toast TakeOut app, enabling restaurants to manage off-premises orders directly through their branded websites. The company's comprehensive delivery management solutions empower restaurants with options like First-Party Delivery services to manage their own fleets of drivers and Toast Delivery Services utilizing a network of partner drivers. Toast also supports restaurants with loyalty programs, gift cards, payroll and team management solutions, and tailored insurance products to meet specific restaurant needs.

Additionally, Toast facilitates payment processing solutions, loans, purchase financing, and comprehensive reporting and analytics tools to help restaurant owners make informed business decisions. Through Toast Partner Connect and bi-directional APIs, customers can seamlessly integrate third-party applications and services, further extending the functionality and customization of their restaurant operations. Founded in 2011 and headquartered in Boston, Massachusetts, Toast continues to innovate and expand its offerings to support the evolving needs of the restaurant industry globally.

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