Toast provides a cloud-based point of sale and management platform, built on Android with restaurant-grade hardware, for restaurants, bars and hospitality businesses.
Toast is a restaurant technology company that sells an all-in-one cloud-based point of sale and management platform to restaurants, bars and other food-service businesses. Its flagship product, Toast POS, is built on the Android operating system and pairs restaurant-grade hardware with cloud software, combining order management, payments and operations in a single system. The company's stated purpose is to help restaurants run their operations more smoothly, increase sales, improve guest experiences and retain staff.
The platform extends beyond the till. Toast offers online ordering tools intended to drive digital sales, guest-engagement products for hospitality operators, and employee-management and labour-optimisation features. Technical work spans cloud software, Android, bespoke hardware, digital ordering and the application of AI and automation to routine operational tasks; the company presents these tools as a way to free staff for more creative and strategic work.
Headquartered in Boston, Massachusetts, Toast has expanded its footprint beyond the United States to Ireland, the United Kingdom and Canada. It listed on the New York Stock Exchange in September 2021 under the ticker TOST and has grown into a significant participant in the restaurant-technology industry, serving customers ranging from independent venues to enterprise restaurant brands.
