This latest $250M round helps Toast gain scale, positions the company for a potential IPO (with a new $2.7B valuation), and allows the company to offer a wider suite of services.
On Monday, restaurant point-of-sale and software provider Toast raised $250M in a Series E round, putting its valuation at $2.7B, up from $1.4B in July 2018.
Below, we take a look at why this matters and why it’s happening now.
3 big takeaways:
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