Presto provides enterprise-grade restaurant technology that helps restaurants run more smoothly. Its platform combines hardware and software to boost staff productivity, enhance guest experiences, and give managers actionable insights. It uses pay-at-table tablets, server handhelds, digital drive-thru boards, and computer vision to speed service and improve engagement, with high security and broad payment support. The company differentiates itself through affordable pricing, a broad enterprise focus across restaurant types, and a focus on data-driven decision making to improve efficiency and guest satisfaction.
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Industries
Company Size
201-500
Company Stage
IPO
Headquarters
San Carlos, CA
Founded
2008
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Total Funding
$323.2M
Above
Industry Average
Funded Over
10 Rounds
Voice AI technology specialist Presto raises $10 million as QSR brands ramp up their digitalisation efforts. Presto Phoenix, a specialist in voice AI for quick service restaurants (QSRs), has raised $10 million in funding from Remus Capital affiliated investors and other existing backers. The cash will be used to enable it to expand its deployments and technology. "Over the past several months, we've continued to prove that voice AI can deliver meaningful results at scale across some of the most demanding drive-thru environments and menus," says Krishna Gupta, Co-founder and CEO at Presto. "We are investing heavily in product and operations as we help more of the industry adapt to the inevitable agentic future. Every QSR brand is realising they must increase digitalisation and standardisation across their business, and Presto is the natural partner to help them do that for their largest channel - it all starts with Voice. I'm thankful to our investors for having backed us throughout." "We are pleased to see Presto's progress and are fully supportive of the company and its leadership. AI is digitalising the world, and we are now seeing clear tailwinds for QSR adoption to accelerate: the labor environment, the need to standardize best practices, and the realisation that without the data there is no way to keep up with agentic leaders," says John Tincoff from Remus Capital. 2026 RTIH Innovation Awards The awards are now open for entries and celebrate global retail technology innovation in a fast moving omnichannel world. Its winners will be revealed at the 2026 RTIH Innovation Awards Ceremony, taking place at The HAC in Central London on Wednesday, 4th November. Its 2025 hall of fame entrants were revealed during a sold out event which took place at The HAC on 16th October and consisted of a drinks reception, three course meal, and awards ceremony presided over by award winning comedian, actress and writer Tiff Stevenson. In his welcome speech, Scott Thompson, Founder and Editor, RTIH, said: "This is the awards' fifth year as a physical event. We started off with just 30 people at the South Place Hotel not far from here, then moved to London Bridge Hotel, then The Barbican, and last year RIBA's HQ in the West End." "But I'm conscious of the fact that, to quote the legend that is Taylor Swift, You're only as hot as your last hit, baby. So, this year we've moved to our biggest venue yet, and also pulled in our largest number of entries to date and broken attendance records." He added: "This year's submissions have without doubt been our best yet. To quote one of the judges: The examples of innovative developments across both traditional and digital retail spaces were truly remarkable." Congratulations to its winners, and a big thank you to its sponsors, judging panel, the legend that is Tiff Stevenson, and all those who attended its 2025 gathering.
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...
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 Announces Integration with Toast to Expand Voice AI for Drive-Thru Automation September 21, 2026 - Presto Marketing
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!
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Industries
Company Size
201-500
Company Stage
IPO
Headquarters
San Carlos, CA
Founded
2008
Find jobs on Simplify and start your career today
We update Presto's jobs every few hours, so check again soon!Browse all jobs