Presto

Presto

Provides technology solutions for restaurants

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

Consumer Software

Company Size

201-500

Company Stage

IPO

Headquarters

San Carlos, California

Founded

2008

Overview

Presto provides technology solutions for the restaurant industry, focusing on improving staff productivity and guest experiences. Their platform includes customizable tools such as server handhelds, pay-at-table tablets, and digital drive-thru menu boards, which help streamline operations and enhance customer engagement. Presto's products are designed to be cost-effective, often priced lower than competitors, while still offering reliable features. The company uses computer vision technology to boost guest satisfaction and efficiency in food delivery. Presto aims to support restaurants of all types in making data-driven decisions and improving overall service quality.

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Simplify's Take

What believers are saying

  • Presto's Voice AI suite expansion aligns with growing demand in quick-service restaurants.
  • Their secure pay-at-table tablets meet increasing demand for multi-payment options.
  • Computer vision technology enhances guest satisfaction and operational efficiency.

What critics are saying

  • Amazon's AI technology challenges may indicate potential difficulties for Presto's AI integration.
  • Rapid AI evolution in the restaurant sector could lead to increased competition.
  • Presto's involvement in tokenized assets may divert focus from core restaurant technology.

What makes Presto unique

  • Presto offers enterprise-grade voice, vision, and touch technologies for hospitality businesses.
  • Their customizable platform provides unique value across operations, marketing, and IT functions.
  • Presto's products are cost-effective, priced at a fourth of leading competitors.

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Funding

Total Funding

$285.1M

Above

Industry Average

Funded Over

4 Rounds

Post IPO Convertible funding comparison data is currently unavailable. We're working to provide this information soon!
Post IPO Convertible Funding Comparison
Coming Soon

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

2%

2 year growth

1%
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