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

About Presto

Simplify's Rating
Why Presto is rated
B-
Rated B 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

  • Dairy Queen expanded Presto Voice AI to franchisees nationwide on April 21, 2026.
  • Presto raised $10M in 2025 from Remus Capital to scale QSR deployments.
  • Phone ordering unit launched April 14, 2025, broadens Voice AI revenue streams.

What critics are saying

  • Presto Phoenix steals QSR clients with superior funding and faster deployments by 2027.
  • Google Cloud bundles free Voice AI with Toast POS, slashing Presto subscriptions in 2027.
  • OpenAI GPT-4o powers rivals, terminating Dairy Queen-like Presto pilots by mid-2027.

What makes Presto unique

  • Presto ships over 250,000 enterprise-grade voice, vision, and touch systems for restaurants.
  • Founded at MIT in 2008, Presto customizes AI for drive-thru, pay-at-table, and kiosks.
  • Presto integrates computer vision to boost server efficiency and guest satisfaction uniquely.

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Funding

Total Funding

$313.2M

Above

Industry Average

Funded Over

9 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

0%

2 year growth

2%
Nasdaq
Jan 19th, 2026
Presto Automation Announces Sale of Assets to Consortium Led by Remus Capital

--Presto Automation, a leading provider of AI-driven solutions for the quick-service restaurant industry, today announced the conclusion of its Article 9 sale process and the successful auction results from December 3, 2024 of the Presto Automation business. Remus Capital led a group of investors including Link Ventures and PRST’ s prior lender,...

Business Wire
Jan 9th, 2026
Presto Adds $10M to Accelerate AI Leadership for Enterprise QSR Brands

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

Business Wire
Jan 8th, 2026
Presto raises $10M to accelerate enterprise voice AI for quick-service restaurants

Presto Phoenix, a voice AI provider for quick-service restaurants, has raised $10 million in funding led by Metropolitan Partners Group. Remus Capital, Link Ventures and strategic angel investors, including ElevenLabs' CEO, participated in the round. The San Mateo-based company specialises in enterprise-grade voice AI technology for QSR brands. The funding will accelerate Presto's growth following a year of significant expansion and production-scale deployments across the restaurant sector. The investment comes as demand for AI-powered ordering systems continues to grow among quick-service restaurant chains seeking to streamline operations and improve customer experience through automated voice technology.

Tech Funding News
Sep 30th, 2025
Exclusive: LAB raises $1.5M in 10 minutes, poised to disrupt multi-chain trading infrastructure — TFN

LAB closed an oversubscribed $1.5 million community round in 10 minutes, aiming to revolutionise multi-chain trading with its AI-powered, seamless trading terminal.

CoinDesk
Jun 6th, 2025
IOST Secures $21M for Tokenized Assets

IOST has raised $21M in a strategic funding round led by DWF Labs, Presto, and Rollman Management Group to expand its tokenized asset infrastructure. The funding will accelerate product development, validator growth, and ecosystem integrations, focusing initially on Japan and the Asia-Pacific region, with plans to expand into the Middle East, Europe, and North America. The initiative aims to build scalable, compliant infrastructure for the next generation of tokenized assets.

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