"New England startups honored by venture capital group". "POS maker Toast launches dedicated hardware suite based on Android". "Toast whets appetite for consumer IPOs with $20bn stock market debut".
#Toast stock software
"Toast IPO: the restaurant software maker's TOST shares debut on the NYSE today". is a cloud-based restaurant management software company based in Boston. "Restaurant tech start-up Toast soars to $8 billion valuation seven months after cutting half its staff".
"Payments Tech Provider Toast Raises $400 Million at $4.9 Billion Valuation". (NYSE:TOST Get Rating) was the target of some unusual options trading on Thursday. "Cambridge firm is fertile ground for entrepreneurs". ^ a b Farrell, Michael (September 22, 2013). Toasts Stock Looks Cheap, But Are Investors Missing Something While viewed as a subscription business, Toast makes most of its money elsewhere.In May 2016, the New England Venture Capital Association (NEVCA) named Toast the winner of the Hottest Startup: A+ at the 2016 NEVY awards.
#Toast stock android
Products įirst launched in March 2020, Toast's restaurant management system operates on the Android operating system and includes four devices: Flex (a terminal available in single-screen, guest-facing and kitchen displays), Tap (a three-in-one payment processing device that supports contactless payments), Toast Hub, and receipt printer. The company offered shares at $40 initially, with a market capitalization of roughly $20 billion, making it one of 2021's largest American IPOs.
On September 22, 2021, Toast went public with an initial public offering under the stock symbol TOST. In November 2020, Toast has a secondary sale that valued the company at around $8 billion, despite laying off half of its employees in April. In April 2020, Toast laid off 50% of its workforce due to the COVID-19 pandemic and its economic impact on the restaurant industry. Toast's founders-Steve Fredette, Aman Narang, and Jonathan Grimm -initially created a consumer app centered for mobile payments, customer loyalty, promotions, and social aspects that integrated with restaurants’ existing POS systems.
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