Portrait of Stephen Fredette

Rank #3372

Stephen Fredette

Net worth $1.0B

payments software · United States

Born
Sep 14, 1983
Age
42
Source
payments software
Residence
Boston, Massachusetts
Citizenship
United States
Marital status
Children
0
Education
Bachelor of Science, Massachusetts Institue of Technology

Net worth over time

Biography

  • Steve Fredette is cofounder and president of Toast, which makes restaurant software. He owns 5% of the company.
  • Toast listed on the New York Stock Exchange in a 2021 IPO that was the largest ever by a Boston-based company.
  • Fredette and his cofounders, Aman Narang and Jonathan Grimm, attended MIT and worked at Cambridge, Massachusetts-based search software company Endeca together.
  • The trio launched Toast in 2012 as a mobile payments app for restaurants. The software has expanded to include features for online ordering and delivery.

Financial assets

Exchange Ticker Company Shares Price Currency