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Toast, Inc., based in Boston and founded in 2011 by Aman Narang, Steve Fredette and Jon Grimm, makes a restaurant management platform.
Toast, Inc. offers point-of-sale, front-of-house, back-of-house and guest-facing technology for restaurants, along with payroll, digital ordering and hardware such as the Toast Flex and Toast Go 2 terminals. The company raised USD 400 million in Series F funding in 2020, co-led by Greenoaks Capital and TPG, with Bessemer Venture Partners and Tiger Global Management also investing. Its essential and growth packs were priced at USD 165 and USD 272 per month, and as of 2021 it planned an IPO valuing it at USD 20 billion.
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