Second Share Purchase Deal Values POS Startup Toast At $8B
PYMNTS
NOVEMBER 24, 2020
The secondary offering gives Boston-headquartered Toast a valuation of about $8 billion, up from a $4.9 Founded in 2011 by Aman Narang , Jonathan Grimm and Steve Fredette , the startup closed a $400 million funding round in February at a $4.9 billion valuation pre-pandemic in February. billion valuation. .
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