GV-backed restaurant management platform developer Toast is now valued at $2.7bn, having secured funding in a round co-led by TCV and Tiger Global Management.
Toast, the US-based restaurant management software provider backed by internet and technology conglomerate Alphabet, confirmed today it has raised $250m in a series E round that valued it at $2.7bn.
Growth equity firm TCV and hedge fund manager Tiger Global Management co-led the round, which included venture capital firms Bessemer Venture Partners (BVP) and Lead Edge Capital, and funds and accounts managed by T. Rowe Price Associates.
Toast launched its restaurant management platform in 2013, two years after the company…
