5 Interesting Learnings from Toast at $500m in ARR, and a $3B Total Run Rate
SaaStr
SEPTEMBER 22, 2021
IPO behind them, we can take a look behind its metrics. And they are both incredibly impressive — 118% growth at $3B run-rate and $500m in ARR in software alone may be an all-time record — but also, perhaps not SaaS? #1. With gross margins of only 21%, is Toast really a software company? Mediocre margins in payments.
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