Developer of an open-architecture point-of-sale software and system designed to help businesses in payment processing. The company operates an online payment network to enable transactions in the field, enabling businesses to have seamless customer-merchant interactions.
Developer of a restaurant enterprise management software designed specifically for restaurants. The company's all-in-one software offers cloud-based accounting, inventory, scheduling, payroll and HR services, helping simplify the day-to-day management of operators and allowing users to control food costs and optimize labor.
Toast, Inc. is a cloud-based restaurant management software company based in Boston, Massachusetts. Founded in 2012 by Steve Fredette, Aman Narang, and Jonathan Grimm, Toast provides a comprehensive digital technology platform tailored for the restaurant industry. The company has experienced significant growth, powering operations in around 120,000 U.S. restaurants as of June 2024.
Toast's platform includes a range of software-as-a-service (SaaS) products and financial technology solutions. These cover point of sale (POS), payments, digital ordering, marketing, and team management. The core POS system operates on Android and features various hardware devices, including a guest-facing terminal and a payment processor. The platform also supports reservations and integrates with numerous partner services, enhancing restaurant operations and guest experiences across different service models.
Developer of an inventory management technology designed to centralize hospitality operations. The company's technology features anticipating lead times, automated purchasing, placing orders with the distributors, and price optimization, along with a mobile application that accesses a database of bottles and provides real-time data on the amount of alcohol left in a bottle and computes alcohol beverage movements across the supply chain, enabling food and beverage inventory companies to identify losses and minimize costs by only purchasing in-demand products.