Boston based restaurant point-of-sale company Toast has raised $101m in Series C funding led by Lead Edge Capital and Generation Investment Management. Toast is a mobile point of sale system for restaurants, cafes, bars, nightclubs and provides the most affordable and fully-featured business management solution on the market.
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Toast raises $101m Series C
Toast will use this funding to build on its track record of innovation, including: Investing further in Toast Online Ordering, enabling a best-in-class ordering experience across various devices and channels Enhancing key areas of the platform such as self-ordering kiosks, handheld pay-at the-table experiences, CRM and marketing tools, advanced reporting, inventory, loyalty, and more Creating the industry’s most robust cloud-based restaurant platform, including modern, commercial grade hardware Leveraging the immense amount of data restaurants collect to enable a more personalized guest experience and improve labor and food cost profiles
