Presto - About the company
Presto is a public company based in San Carlos (United States), founded in 2008 by Rajat Suri. It operates as a Provider of voice artificial intelligence automation for drive-thru restaurants. Presto has raised $82.6M in funding from investors like Intel Capital, Romulus Capital and SV Angel. The company has 42 active competitors, including 12 funded and 6 that have exited. Its top competitors include companies like VenHub, YatriKart and USA Technologies.
Company Details
Provider of voice artificial intelligence automation for drive-thru restaurants. The company offers voice AI solutions to optimize staff efficiency and improve order accuracy. It utilizes a spectrum of voice AI for drive-thru operations. The company's solution integrates with existing point-of-sale and headset systems.
- Website
- presto.com
- Social
- Email ID
- *****@presto.com
Key Metrics
Founded Year
2008
Location
San Carlos, United States
Stage
Public
Total Funding
$82.6M in 11 rounds
Latest Funding Round
Investors
Ranked
1st among 42 active competitors
Annual Revenue
$26.1M as on Jun 30, 2023
Employee Count
336 as on Mar 31, 2026
Similar Companies
Exit Details
Public
Legal entities associated with Presto
Presto is associated with 4 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
PRST AUTOMATION INDIA PRIVATE LIMITED CIN: U62099KA2023FTC175664 , India, Active | Jul 06, 2023 | $1.03M (As on Mar 31, 2024) | - | |
Presto Automation Inc. CIN: 1822145 , United States, Active | $26.1M (As on Jun 30, 2023) | - | - | |
E LA CARTE CIN: 263569655 , United States, Active | Dec 31, 1999 | - | 39 (As on Dec 31, 2022) | - |
VENTOUX CCM ACQUISITION CORP. CIN: 1822145 , United States, Active | - | 137 (As on Jun 30, 2023) | - |
Presto's IPO details
Presto got listed on Feb 05, 2021.
Click here to take a look at Presto's IPO in detail
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Presto's funding and investors
Presto has raised a total funding of $82.6M over 11 rounds. Its first funding round was on 2010. Its latest funding round was a Post IPO round on Dec 23, 2025 for $*****. 3 investors participated in its latest round. Presto has 26 institutional investors and 2 angel investors.
Here is the list of recent funding rounds of Presto:
Filter this list
Filter this listDate of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Dec 23, 2025 | 9728684 | Post IPO | 6611892 | 9356815 | 2923219 | 3525799 |
Dec 23, 2024 | 3888113 | Post IPO | 8864749 | 9430938 | 9420551 | 1832723 |
Feb 12, 2024 | 5683982 | Post IPO | 1372522 | 3686027 | 7289319 |
Access funding benchmarks and valuations. Sign up today!View details of Presto's funding rounds and investors
Presto's founders and board of directors
Founder? Claim ProfileThe founders of Presto is Rajat Suri.
Here are the details of Presto's key team members:
- Rajat Suri: Former Founder & CEO of Presto and founder of 1 other company. They are also an angel investor in 2 startups.
Presto's Board of Directors
Presto's board has 11 active members. Krishna Gupta, Xavier Casanova, Ed Scheetz, Ilya Golubovich, Gail Zauder, Susan Shinoff, Scott Raskin, Dan Mosher, Bill Healey, Keith Kravcik and Stanley Mbugua are independent board members.Here is the list of Presto's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Independent board member | - | Current | 2y 9m | |
feiiwtk | Independent board member | - | Current | 3y 3m |
msskros | Independent board member | - | Current | 4y 2m |
ytkmcbh | Independent board member | - | Current | 3y 9m |
vrpzejp | Independent board member | - | Current | 3y 4m |
caqovfv | Independent board member | - | Current | 4y 2m |
oguyoxr | Independent board member | - | Current | 9y 3m |
ctstdac | Independent board member | - | Current | 8y 5m |
zpqquhn | Independent board member | - | Current | 6y 5m |
pydjicq | Independent board member | - | Current | 7y 3m |
hbprnev | Independent board member | - | Current | 2y 9m |
View details of Presto's Founder profiles and Board Members
Presto's employee count trend
Presto has 336 employees as of Mar 26. Here is Presto's employee count trend over the years:
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Presto's Competitors and alternates
Top competitors of Presto include VenHub, YatriKart and USA Technologies. Here is the list of Top 10 competitors of Presto, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Presto 2008, San Carlos (United States), Public | Provider of voice artificial intelligence automation for drive-thru restaurants | $82.6M | 73/100 | |
2nd |  VenHub 2012, Cheyenne (United States), Public | Provider of automated retail solutions for various industries and applications | - | - | 55/100 |
3rd | Tech enabled transit retail platform | $3.3M | 52/100 | ||
4th | USA Technologies 1992, Malvern (United States), Public | Payment processing solutions for businesses | - | - | 45/100 |
5th |  Conversenow Ai 2018, Austin (United States), Series A | Developer of voice artificial intelligence solutions for the restaurant industry | $28.8M | 43/100 | |
6th |  Applestone Solutions 2021, Stone Ridge (United States), Unfunded | Cloud-based vending machine solutions for retail businesses | - | - | 43/100 |
7th | iPourIt 2012, Santa Ana (United States), Series B | Developer of self-serve wine system for bars &restaurants | $3.76M | 41/100 | |
8th | OpenCity 2016, Boston (United States), Series A | Online chat platform for customers | $6.41M | 39/100 | |
9th | Yondu 2024, San Francisco (United States), Seed | AI-based autonomous commerce solutions for retail businesses | $500K | 38/100 | |
10th |  Of.one 2022, Oakland (United States), Acquired | Provider of AI-enabled voice ordering solutions to drive-through and restaurant businesses | $500K | 37/100 |
Get insights and benchmarks for competitors of 2M+ companies! Sign up today!Looking for more details on Presto's competitors? Click here to see the top ones
Presto's Investments and acquisitions
Presto has made 2 investments in Octra and Owlto. Presto has not made any acquisitions as of now.News related to Presto
Filter this listMedia has covered Presto for a total of 4 events in the last 1 year, 2 of them have been about people movement and 1 about company updates.
•
Presto Appoints Former Dairy Queen CEO Chuck Mooty as Strategic AdvisorBusiness Wire•Jan 14, 2026•Presto
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Presto Secures $10M Funding to Fuel Expansion and Innovation in Drive-Thru AIRestaurant Dive•Jan 09, 2026•REMUS, Presto, Metropolitan Partners Group, Link Ventures and 1 other
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Wendy’s FreshAi founder becomes Co-Founder and President at Presto IQRetail Technology Innovation Hub•Aug 14, 2025•Wendy's International, Presto
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Presto agrees US wide expansion with Galardi Group for Voice AI drive-thru solution at WienerschnitzelRetail Technology Innovation Hub•Mar 10, 2025•Presto, Galardi Group, Wienerschnitzel
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Beyond voices: Dubformer raises €3.4 million to transform the art of dubbingEU-Startups•Mar 04, 2025•DubFormer, Almaz Capital, s16vc, Vena Marketing and 10 others
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InfinityGround Secures $2 Million in Seed Funding, with Animoca Brands Among InvestorsPANews•Feb 21, 2025•Animoca Brands, MARBLEX, MH Ventures, KuCoin and 5 others
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All-In-One EV Charging Platform Presto Raises $15M in Seed Funding, Partners with Uber, Avis, Hertz, and ZipcarMiningstockeducation•Feb 06, 2025•Presto, Union Square Ventures, Congruent Ventures, Powerhouse Ventures and 5 others
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Presto has filed a notice of an exempt offering of securities to raise $18 Million in New Equity Investment.intelligence360•Jan 31, 2025•Presto
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