Toast saw no growth in patent filings and highest growth of 0.99% in grants in May in Q2 2024. Compared to Q1 2024, Q2 2024 saw no growth in patent filings and grants by 0.99%. GlobalData’s DataBook provides a comprehensive analysis of Toast‘s patent filings and grants. Buy the databook here.
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Toast has been focused on protecting inventions in United States(US) with two publications in Q2 2024
The United States(US) Patent Office dominates the patent grants with nearly 100% of grants. The United States(US) patent Office are among the top ten patent offices where Toast is filings its patents. Among the top granted patent authorities, Toast has 100% of its grants in United States(US).
Mastercard could be the strongest competitor for Toast
In terms of grant share, Toast stands in tenth position among its competitors. Mastercard and Toast secured the top positions according to recent patent publication data.
Patents related to digital banking and fintech lead Toast's portfolio
Toast has the highest number of patents in digital banking followed by, fintech and digital payments. For digital banking no patents were filed and 12% of patents were granted in Q2 2024.
Cards related patents lead Toast portfolio followed by machine learning, and payment services
Toast has highest number of patents in cards followed by machine learning, payment services, autonomous driving, and payments.
For comprehensive analysis of Toast's filings and grants, buy the databook here.
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Patents database further disambiguates assignee names (13m names) and associate corporate tree hierarchy in current/point in time ownerships (320k entities). GlobalData sources content directly from national patent offices on a weekly basis.
