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TOAST HOLDINGS, INC.

Industrial & Manufacturing · New York, NY · Founded 2015

Minority-foundedWoman-founded
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On track to become one of the first premium, national cannabis brands

Valuation cap ⓘ
$20.0M
As of Sep 2022 · from Reg CF Offering (2022) · a SAFE/note conversion ceiling, not a priced valuation
Total raised
$17,729,368
Crowd $295K · Private $17.4M · 5 rounds since 2017
Latest share price
$0.9537
Section 4(a)(2) · Series A Preferred Stock · May 2020 offering price

Financials

FY2020–FY2023 · from SEC filings · hover any figure for its source
$710K
−$1.6M
2020
$1.3M
−$603K
2021
$1.5M
−$790K
2022
$1.7M
−$1.8M
2023
RevenueNet income — beside revenue when positive, below the line when a loss
Metric
FY2020 reviewed
FY2021 reviewed
FY2022 unaudited
FY2023 unaudited
Income statement
Revenue
$709,731
$1,322,758
$1,504,000
$1,733,000
Cost of goods sold
$320,582
$253,439
$595,000
$515,000
Gross margin
55%
81%
60%
70%
Net income
-$1,598,399
-$603,143
-$790,000
-$1,805,000
Taxes paid
$0
$0
$0
$0
Balance sheet
Cash
$138,710
$323,928
$673,000
$138,000
Accounts receivable
$197,406
$852,228
$1,587,000
$1,798,000
Total assets
$1,291,317
$2,055,132
$3,111,000
$2,817,000
Short-term debt
$211,834
$291,123
$477,000
$607,000
Long-term debt
$146,259
$305,005
$1,107,000
$2,385,000
Total liabilities
$358,093
$596,128
$1,584,000
$2,992,000
Other
Headcount
—
5
8
8

Figures as reported by the issuer in the filing shown on hover. Each year’s pill shows the assurance level of its filed statements — audited, reviewed (CPA review, less than an audit), or unaudited, as the filing’s own report or certification states it. A dashed pill marked * is inferred instead: the SEC minimum for an offering that size, which the issuer may have exceeded. No pill means we couldn’t tell. Headcount is the filing’s point-in-time count, not a year-end average. Manually corrected figures are marked “Corrected”.

Valuation over rounds

Valuation caps on SAFE / convertible note rounds
$20.0M
Valuation cap
Reg CF · SAFE · Jun 2022

Dashed amber bars are a SAFE or convertible note's valuation cap — the most it converts at, not what the company is worth.

Share price over rounds

$0.9537$0.4769$0.2572
Mar 2020May 2020
Round offering price or verified disclosed saleDisclosed sale, unverified or year-only

Disclosed sales come from the issuer's own filings (prior-offering lines, audited-statement notes) and are amount ÷ securities sold. A down round is a firm point more than 25 % below the previous firm point of the same share class on a comparable basis; the comparison ignores unverified and year-only lines.

Fundraising history

Reg CF · SAFE · Jun 2022Closedvia Republic
Raised $294.7K / $1.1MInvestors 700Valuation cap $20M
Section 4(a)(2) · Series A Preferred Stock · May 2020Closed
Raised $8M
Rule 506(b) · Series A -1 Preferred Stock · Mar 2020Closed
Raised $2.8M
Rule 506(b) · Series A Preferred Stock · Mar 2020Closed
Raised $2.3M
Rule 506(b) · Convertible Note · May 2017Closed
Raised $4.3MInvestors 43

Team

3 people
Punit Seth
Chief Executive Officer
Chris Burggraeve
Director
Shovahn Rincon
Director

Names and titles as disclosed on SEC Form C. Bios and photos come from the platform campaign page and may be out of date.

Reg CF annual-report compliance

Delinquent

Filed 2 of 4 annual reports (FY2022–FY2025)

Missing: 2024, 2025

700 investors
holder-count proxy

Reg CF issuers must file a Form C-AR each year until a Rule 202(b) termination trigger is met.

SEC filings

  • Form C-ARApr 29, 20240001851773-24-000009
    EDGAR
  • Form C-ARApr 28, 20230001907870-23-000007
    EDGAR
  • Form C-UOct 6, 20220001760986-22-000003
    EDGAR
  • Form CJun 2, 20220001760986-22-000002
    EDGAR
  • Form DApr 12, 20190001760986-19-000001
    EDGAR
Source: ManualCIK 0001760986DEShare price $0.9537

About this data. Figures are compiled from public sources — SEC EDGAR filings (Form C, C-AR, 1-A, 1-K) and funding-platform pages — and may be delayed, incomplete, or restated by the issuer. Financial statements are as reported by the issuer; each year is labeled with its assurance level (audited / reviewed / unaudited). A valuation cap is the conversion ceiling of a SAFE or convertible note, not an agreed company valuation; post-money figures are computed as pre-money plus amount raised and are not a traded price. Crowdonomics is not a broker-dealer, funding portal, or investment adviser; nothing here is investment advice or an offer to sell securities. Verify all figures against the linked EDGAR filings.