Toast
Boston restaurant point-of-sale and management platform founded in 2011.
Toast built restaurant-specific POS hardware and software at a point when most operators were using systems designed for general retail, and expanded into payroll, delivery and capital lending.
The switching-cost conversation
Changing POS mid-service is every operator’s nightmare, so the trade show pitch is mostly about migration — who does the data transfer, how long the changeover takes, and what happens if it goes wrong on a Saturday.