Presto

Presto

Restaurant technology platform for operations

Overview

Presto provides enterprise-grade restaurant technology that helps restaurants run more smoothly through hardware and software solutions. Its products include server handhelds, pay-at-table tablets, and digital drive-thru menu boards that use computer vision to improve guest satisfaction, speed up service, and increase server efficiency. The platform is customizable across operations, marketing, and IT, and it pairs hardware with subscription-based software. Its goal is to help restaurants operate more efficiently, engage customers, and make data-driven decisions while offering affordable pricing compared to many competitors.

YC Company
Funded Recently

About Presto

Simplify's Rating
Why Presto is rated
C+
Rated C on Competitive Edge
Rated B on Growth Potential
Rated C on Differentiation

Industries

Data & Analytics

Hardware

Enterprise Software

AI & Machine Learning

Company Size

201-500

Company Stage

IPO

Headquarters

San Carlos, California

Founded

2008

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Simplify's Take

What believers are saying

  • September 28, 2026 Presto raised $10 million from Remus Capital and existing investors.
  • September 21, 2026 Toast access opens mid-market QSRs already standardized on Toast.
  • May 8, 2026 SageNet showcased connected drive-thru AI, widening infrastructure partnerships.

What critics are saying

  • Presto depends on franchise rollouts; Dairy Queen's April 2026 pilot still needs conversions.
  • Toast and ElevenLabs can commoditize Presto's distribution and voice stack by 2027.
  • The 2024 asset sale history signals fragility; another capital miss threatens insolvency.

What makes Presto unique

  • September 21, 2026 Toast integration plugs Presto directly into modern QSR POS workflows.
  • April 16, 2026 Dairy Queen expanded Presto after corporate-store testing proved value.
  • Presto claims hundreds of live drive-thrus, giving it rare enterprise restaurant training data.

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Funding

Total Funding

$323.2M

Above

Industry Average

Funded Over

10 Rounds

Notable Investors:
Growth Equity VC funding comparison data is currently unavailable. We're working to provide this information soon!
Growth Equity VC Funding Comparison
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Benefits

Competitive salary & stock options

Health, dental, & vision insurance

Beautiful office location

Stock Price

Growth & Insights and Company News

Headcount

6 month growth

↑ 0%

1 year growth

↓ -1%

2 year growth

↑ 0%
Business Wire
Sep 28th, 2026
Presto Raises $10 Million to Accelerate Voice AI Leadership

Presto Phoenix, Inc. (“Presto”), the leader in enterprise-grade Voice AI for quick-service restaurants (QSRs), today announced it had raised $10 million in f...

Antlers American
Sep 28th, 2026
Presto raises $10M to expand voice AI for drive-thru automation, integrates with Toast

Presto Phoenix has raised $10 million from Remus Capital-affiliated investors and other existing investors to expand its voice AI technology for quick-service restaurant drive-thrus. The funding follows growing deployments with existing customers and new client launches. The Silicon Valley-based company has announced an integration with Toast's point-of-sale platform, enabling restaurants using Toast to adopt Presto's voice AI for drive-thru automation. The integration allows AI-captured orders to flow directly into kitchen systems, aiming to reduce errors and improve efficiency. Presto has also formed partnerships with AI providers including ElevenLabs and Bluejay as part of its proprietary platform. CEO Krishna Gupta said the company is investing heavily in product and operations to help the restaurant industry increase digitalisation across its largest sales channel. The funding will support Presto's expansion of deployments, technology development, and customer impact across recognised quick-service restaurant brands nationwide.

Presto
Sep 21st, 2026
Presto Announces Integration with Toast to Expand Voice AI for Drive-Thru Automation

Presto Announces Integration with Toast to Expand Voice AI for Drive-Thru Automation September 21, 2026 - Presto Marketing

SageNet
May 8th, 2026
SageNet and Presto to showcase connected drive-thru AI solution at the 2026 National Restaurant Association Show.

SageNet and Presto to showcase connected drive-thru AI solution at the 2026 National Restaurant Association Show. May 8, 2026 SageNet and Presto to showcase connected drive-thru AI solution at the 2026 National Restaurant Association Show in Chicago. The co-branded solution brings together AI voice ordering, POS connectivity, and real-time operational visibility to help restaurants improve speed, accuracy, and guest experiences. TULSA, Okla. and SAN CARLOS, Calif., May 8, 2026 - SageNet, a leader in managed services for always-on connectivity and digital experiences, and Presto, the leading provider of drive-thru Voice AI for the quick-service restaurant industry, today announced a co-branded restaurant technology solution designed to connect AI-powered ordering with the systems and infrastructure that make seamless guest experiences possible. The joint solution brings together Presto Voice(TM) with SageNet's SageView Digital Experience services, helping restaurant brands connect drive-thru AI ordering to their point-of-sale systems, digital content, and day-to-day site operations. SageNet and Presto will showcase the solution at the 2026 National Restaurant Association Show, taking place May 16-19, 2026, at McCormick Place in Chicago. Visitors can learn more at Booth 5667. Presto Voice is recognized as the industry-leading Voice AI product that automates drive-thru order-taking, alleviates staff from excessive multitasking, increases revenue with consistent upselling, and optimizes the guest experience. Presto's Menu Unification feature significantly elevates Presto Voice by providing the best upsell opportunities in Voice AI for the drive-thru, unlocking benefits and customization opportunities driven by data insights previously unavailable to QSR operators. SageNet provides the managed foundation that helps make those interactions operationally possible at scale. As a single, accountable partner, SageNet connects AI voice ordering, POS systems, dynamic menu boards, and always-on connectivity into one managed ecosystem. With SageVision, SageNet's real-time visibility layer, restaurant operators gain insight into network health, screen status, and site performance across distributed environments. Together, the companies are addressing a growing operational need in restaurants: not just adding AI at the order point, but tying AI into the broader customer interaction stack. That includes connectivity between the drive-thru lane and the POS system, visibility into what the guest is ordering, the ability to support dynamic menu and promotional changes in real time, and the operational awareness to respond quickly when issues affect ordering, screens, or site performance. "Drive-thru ordering is only as effective as the infrastructure, integration, and visibility behind it," said David Cai, Chief Technology Officer at SageNet. "SageNet serves as the thread that ties together the AI voice experience, the POS system, and real-time customer interactions. By connecting those systems through managed infrastructure and operational visibility, we help QSR brands move faster, respond in real time, and deliver more consistent guest experiences." "Restaurants need more than a Voice AI point solution. They need a solution that works in the reality of live operations," said Krishna Gupta, CEO of Presto. "Presto brings proven drive-thru Voice AI, and SageNet helps connect that innovation to the systems, screens, and site performance layers that matter in every transaction." Presto has emphasized that Voice AI adoption in QSR is increasingly tied to productivity, faster service, more accurate order-taking, and stronger upsell performance. In its April 2025 QSR productivity article, Presto argued that restaurants are investing in technologies that reduce wait times and improve efficiency, describing Voice AI as a labor-supporting tool that shortens delays and improves accuracy. At the show, SageNet and Presto will demonstrate how restaurant brands can move beyond standalone AI pilots and toward a connected operating model in which Voice AI, POS integration, dynamic menu execution, and real-time visibility work together as a single, coordinated experience. To learn more, visit SageNet and Presto at Booth #5667 during the National Restaurant Association Show, May 16-19, 2026, in Chicago... About SageNet SageNet is a managed services provider specializing in connectivity, digital signage, and satellite solutions for distributed enterprises. With more than three decades of experience, SageNet supports many of the nation's leading retail, restaurant, convenience store, and financial brands by designing, deploying, managing, and monitoring the technologies essential for day-to-day operations. SageNet's portfolio includes managed network services, digital signage and interactive experiences, satellite and wireless connectivity, plus nationwide field and logistics support. The company manages more than 430,000 endpoints and provides 24/7/365 U.S.-based support through its Network Operations Centers and Security Operations Centers, as well as a centralized National Logistics Center. About Presto Phoenix, Inc. Presto is the Voice AI market leader for restaurant drive-thrus. Presto's products increase revenue, decrease labor costs, improve staff productivity, and standardize/enhance the guest experience. Presto is expanding nationwide with some of the most recognized quick-service restaurant (QSR) brands in the United States. Based in Silicon Valley, Presto is backed by Voice AI specialist Remus Capital and aims to deliver a full suite of Vertical AI solutions for restaurant chains to enable end-to-end automation. Support services. Interested in the ways SageNet, Inc. can support your growing business? Find out what makes SageNet, Inc. newsworthy. Join its team! Check Out the Latest Job Openings at SageNet! Discover your future. Want to know more? For additional information on its products and services, reach out!

QSRweb
Apr 21st, 2026
Dairy Queen partners with Presto to bring Voice AI to drive-thrus.

Dairy Queen partners with Presto to bring Voice AI to drive-thrus. Image: Dairy Queen April 21, 2026 American Dairy Queen Corp. has partnered with Presto to implement Voice AI technology in its drive-thru lanes, following a successful test at corporate-owned locations, according to a press release. The company is now expanding the pilot program to select franchisees across the country. The initiative aims to improve order accuracy and streamline staffing by automating the ordering process. "We're committed to delivering an exceptional experience to our Fans and our staff, and we believe Presto can help us delight them even more. Presto has been an excellent partner and our initial results using their AI look quite promising," Kevin Baartman, EVP of IT at Dairy Queen, said in the press release. "With Presto's AI, we can enable our staff to focus on high-value tasks that ultimately benefit our Fans, with a friendly experience, and high order accuracy. We look forward to working with select franchisee partners as we expand our engagement." The partnership includes menu integrations and an emphasis on maintaining a smooth customer experience. "Dairy Queen is an iconic American company with visionary leadership and a seminal role in the fabric of towns across the US and Canada. We've been thrilled to partner closely with their team to optimize the last mile of AI deployment, including complex menu integrations, friendly voices, and a smooth human-AI waltz that just works," Krishna Gupta, CEO of Presto, added in the press release. "We have an ambitious joint AI vision, and I'm excited to continue expanding our reach for all the DQ fans out there - happy tastes good!" There are more than 7,700 DQ restaurants in more than 20 countries.

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