---
title: "Restaurant Management Platform Toast Valued at $2.7 Billion After Latest Funding Round"
url: https://burnaze.com/article/5ee6290e-44d0-499b-89fc-4ea24f298bd5
source: "1851 Franchise"
original_url: https://1851franchise.com/restaurant-management-platform-toast-valued-at-27-billion-after-latest-funding-round-2709591
category: "Suppliers"
industry: "Franchise Industry"
segment: "Suppliers"
topics: ["Technology","Finance & M&A"]
published: 2019-04-01T21:16:07.000Z
modified: 2026-11-01T02:33:11.105Z
image: https://newimage.1851franchise.com/cdn-cgi/image/quality=85,format=webp,width=1280,height=720/story/featureImage/74d24ebb9e32ed2ce70d0c92fcaf349b787.jpg
---

# Restaurant Management Platform Toast Valued at $2.7 Billion After Latest Funding Round

**TL;DR:** Toast, a restaurant management platform, has raised $250 million in its latest funding round, bringing its valuation to $2.7 billion. The company plans to use the funds to build technology for restaurant marketing and operational efficiency.

*originally published in 1851 Franchise on 2019-04-01. [Read the original](https://1851franchise.com/restaurant-management-platform-toast-valued-at-27-billion-after-latest-funding-round-2709591).*

## Story

Toast, a restaurant management platform, has raised $250 million in its latest funding round, which brings its valuation to $2.7 billion, according to a TechCrunch report.

The money will be used to build technology that will help restaurants with their marketing efforts and operational efficiency, among other things, according to the article.

Toast CFO Tim Barash attributes the company’s success in part to the fact that most of its employees have experience working in the foodservice industry, according to the article.

“I was first a busboy, and then I worked in pizza delivery for years,” Barash said, according to the article. “Seventy percent of our employees have worked at restaurants, including those in our product leadership, and that helps us understand the problem.”

## Entities

- 1851 Franchise (publication)
- Franchise Industry (sector)
- restaurant management (topic)
- Toast (company)
- funding round (topic)
- valuation (topic)

---
Originally reported by 1851 Franchise (https://1851franchise.com/restaurant-management-platform-toast-valued-at-27-billion-after-latest-funding-round-2709591). Summarized by Burnaze (https://burnaze.com/article/5ee6290e-44d0-499b-89fc-4ea24f298bd5).