Deals
Software Maker Toast Raises Funds at $4.9 Billion Valuation
- Restaurant payment technology firm raises $400 million
- Toast’s new valuation is up from $2.7 billion last year
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Toast Inc., which makes point-of-sale technology for restaurants, raised $400 million at a $4.9 billion valuation in a fundraising round led by investors including Bessemer Venture Partners and TPG.
Other investors that led the funding round are Tiger Global Management and Greenoaks Capital, according to a statement.