All Brands Owned by Toast, Inc.

Who founded Toast? Steve Fredette, Aman Narang, and Jonathan Grimm founded the company in Boston in 2011 after working together at Endeca. It was incorporated as Opti Systems in December 2011 and renamed Toast in May 2012.

Is Toast publicly traded? Yes. Toast lists Class A shares on the New York Stock Exchange under the ticker TOST and is a member of the S&P 400.

How does Toast make money? Mostly from payment processing fees on the $195.1 billion in gross payment volume it handled in FY2025. Subscription software and hardware make up the rest of its $6.15 billion in revenue.

What is Toast Tables? Toast Tables is the company's restaurant reservation and waitlist product, launched in April 2023. It competes with OpenTable and Resy and integrates with the Toast POS system.

Where is Toast headquartered? 333 Summer Street in the Seaport District of Boston, Massachusetts.

Is Toast profitable? Yes. Toast reported $342 million in GAAP net income for FY2025, its first substantially profitable year, along with $633 million in adjusted EBITDA.