Full-Time

Director of Engineering

New Ventures

Updated on 7/21/2026

Toast

Toast

5,001-10,000 employees

All-in-one POS and restaurant tech platform

No salary listed

Bengaluru, Karnataka, India

Hybrid

Hybrid role; expect in-office in Bengaluru with remote flexibility per policy.

Category
Engineering Management (1)
Required Skills
DevOps

Get referred to Toast

Find people who can refer or advise you

Requirements
  • 10+ years of engineering experience with 5+ years in senior leadership roles
  • Proven track record of building and scaling platform or infrastructure teams
  • Strong ability to hire, develop, and lead high-performing teams
  • Experience operating in high-growth or early-stage environments, with a track record of solving complex, large-scale problems under ambiguity
  • Experience building or leveraging developer productivity and delivery platforms (e.g., CI/CD, feature management, experimentation frameworks such as Harness)
  • Understanding of how software development is evolving toward greater automation, faster iteration cycles, and programmatic control of delivery workflows
  • Deep experience designing and operating large-scale distributed systems
  • Strong understanding of modern architectural patterns (e.g., service-oriented, event-driven, cloud-native)
  • Ability to design extensible systems and reusable abstractions, not just end-user features
  • A hands-on mentality and willingness to remove obstacles for team members, while also creating connective tissue with centralized functions
  • Track record of proven leadership and accountability, meeting or exceeding objectives, while taking products from inception to launch
  • Ability to estimate and deliver on the product vision and roadmap with confidence in feasibility, time, cost and impact
  • Strong attention to detail with ability to manage expectations at both an Executive and cross-functional level
  • Exceptional people skills and demonstrated experience building rapport and driving consensus
  • Successful past growing and fostering an inclusive culture of high-performing teams
Responsibilities
  • Responsible for sourcing, developing, and scaling a new business line that can have a substantial impact on Toast’s long-term growth
  • Collaborate with a product lead to perform market research and competitive analysis
  • Become the technology owner of your product, taking responsibility for the architecture, technical design, and development
  • Recruit highly talented intrapreneurs to the New Ventures program and mentor them to build new products and businesses
  • Define OKRs with the team while tracking progress against them regularly, and communicate plans and progress to cross-functional partners
  • Work with the leadership to make decisions on funding, scaling, shutting down, and spinning off New Ventures initiatives
  • Accountability for entire technology effort and leadership of a New Ventures product line
  • Stay abreast of emerging technologies and their ability to impact the success of executing on your product line
  • Manage, measure and report on the required effort, quality, and scope to develop New Ventures projects to the appropriate stakeholders
  • Over time, build, lead, inspire and engage a high-performing entrepreneurial team focused on driving results
Desired Qualifications
  • Prior co-founder or early-stage experience

Toast provides an integrated restaurant technology platform with an all-in-one POS system plus hardware and software for dining businesses. It combines mobile ordering, online ordering, gift card management, sales reporting, employee management, and CRM in a single system that processes orders, payments, and back-office tasks. Revenue comes from subscriptions, transaction fees, hardware sales, and value-added services like Toast Capital loans to restaurants. The goal is to help restaurants run more efficiently and grow by reducing third-party dependencies and streamlining operations across formats from fine dining to quick-service.

Company Size

5,001-10,000

Company Stage

IPO

Headquarters

Boston, Massachusetts

Founded

2011

Get referred to Toast

Find people who can refer or advise you

Simplify Jobs

Simplify's Take

What believers are saying

  • Gross profit surged 27% while expanding into grocery and petrol station markets.
  • $115 million Q1 free cash flow supports raised $790–$810 million full-year EBITDA guidance.
  • Fello partnership unlocks high-volume festival and stadium revenue without hardware logistics.

What critics are saying

  • Customer acquisition cost payback turned negative in Q1 2026, threatening cash flow stability.
  • Block-Square aggressively targets small merchants with lower-friction onboarding within 12–18 months.
  • CFPB open banking regulation could force fintech decoupling, destroying transaction margin moat by 24–36 months.

What makes Toast unique

  • Vertical integration spans software, purpose-built rugged hardware, and embedded fintech payments.
  • Toast IQ Grow delivers 8% sales lift for 40,000 weekly active restaurant locations.
  • Flat $499/month AI pricing automates omnichannel campaigns directly from POS data.

Help us improve and share your feedback! Did you find this helpful?

Benefits

Peer Nominated Toastie Awards

Professional Development Reimbursement Program

Sabbatical

Unlimited Vacation & Flexible Work Hours

Medical, Dental, & Vision Coverage + Wellness Stipend

Commitment to Employee Wellness

Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

1%

2 year growth

0%
The Associated Press
Apr 14th, 2026
Toast launches unified drive-thru solution to boost QSR speed and accuracy

Toast has launched Toast Drive-Thru, an enterprise-grade solution designed to modernise quick-service restaurant operations across over 140,000 drive-thru locations in the US. The platform unifies point of sale, digital menu boards, kitchen display systems and AI voice ordering integrations into a single system. The solution includes POS-native software with AI voice ordering partners like Incept AI, trusted hardware by Delphi featuring high-brightness 55-inch screens, and turnkey services including site surveys, content design and installation support. Toast Drive-Thru aims to increase throughput and order accuracy whilst optimising labour efficiency. The platform will roll out to brands with 15 or more locations in the coming months as part of Toast's Enterprise Solutions offering.

Yahoo Finance
Apr 4th, 2026
Toast's data push and security focus may reshape investment case as revenue beats expectations

Toast has raised its profile following presentations at the RSA Conference 2026 and quarterly results showing revenue growth above consensus, though earnings slightly missed expectations. The restaurant platform provider is emphasising how its network of over 160,000 restaurants and new benchmarking tools can create competitive advantages through data insights. The company's new benchmarking product provides operators with aggregated pricing and performance data, aiming to drive higher average revenue per user whilst mitigating risks from potential slowdowns in gross payment volume per location. Toast projects $10.1 billion in revenue and $897.2 million in earnings by 2029, requiring 17.9% annual revenue growth. Analyst estimates vary considerably, with some forecasting $9.5 billion revenue and $574.5 million earnings by 2028, reflecting uncertainty about Toast's ability to convert growth into sustainable profitability amid competitive pressures.

Yahoo Finance
Mar 27th, 2026
Toast named to Fast Company's most innovative companies list, launches restaurant AI assistant

Toast has been named to Fast Company's World's Most Innovative Companies list for 2026 and launched Toast IQ, a conversational AI assistant for restaurant operators. The platform aims to help manage orders, staff questions and daily operations. The company's shares currently trade at $26.39, showing mixed performance with a 55.1% gain over three years but a 22.4% decline year-to-date and 25.4% drop over the past year. Toast IQ represents the company's push into AI-powered automation to address labour pressures in restaurants. The key question for investors is whether these restaurant-specific AI tools can increase customer retention and expand spending per location. However, AI development costs could pressure sales and marketing budgets, a flagged risk for the company.

Yahoo Finance
Feb 28th, 2026
Toast builds restaurant operating system with 156K locations and $51.5B payment volume

Toast, Inc. has raised its position as the foundational integration layer for the restaurant industry, powering 156,000 locations and processing $51.5 billion in gross payment volume. The company's platform connects transactions, inventory, labour, marketing and AI-driven insights, creating high switching costs and operational dependencies. The core SMB business operates at a 40% EBITDA margin, funding expansion into enterprise, international and retail verticals. Recent enterprise wins include Nordstrom and TGI Fridays, whilst international SaaS ARPU grew 20% year-on-year. Analysts suggest a base case target of $37 per share implies 54% upside from current levels, with the bull case offering potential returns exceeding 100%. However, risks include margin durability, enterprise execution and international adoption challenges. The stock has declined approximately 24% since previous coverage in March 2025.

Yahoo Finance
Feb 20th, 2026
Toast reports Q4 revenue up 22% to $1.6B, surpasses $2B ARR milestone

Toast Inc. reported fourth-quarter 2025 revenue of $1.6 billion, up 22% year-over-year, and surpassed $2 billion in annual recurring revenue. The restaurant technology platform added over 30,000 net locations in 2025, ending the year with 164,000 total locations. The company posted 33% growth in recurring gross profit and an expanded adjusted EBITDA margin of 34%. Toast expanded into new markets, launching in Australia and signing major brands including Applebee's and Firehouse Subs. The company introduced over 500 new features, including the Toast IQ conversational AI assistant. For 2026, Toast projects recurring gross profit growth of 20% to 22% and adjusted EBITDA between $775 million and $795 million. Management cited headwinds from higher hardware costs due to memory chip demand and tariffs.