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The move comes amid the brand’s expansion, with over eight new restaurants under construction.
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The brand’s first Chilean outlet began operations in January this year.
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As part of the implementation, Toast has rolled out its AI-based assistant at Virgil’s BBQ in Las Vegas.
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The company has not set the size or price range of its Class A common stock.
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The deal involves selling 13.58 million ordinary shares in the Berlin-based food delivery group.
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The company plans to establish approximately 30 outlets in the Netherlands within five years.
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Barclays said DoorDash and Chinese operator Meituan are likely to be the main early beneficiaries.
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