Presto

Private

AI and automation technology provider for the restaurant industry. Originally built tabletop tablets for ordering and payment at sit-down restaurants under the name E la Carte. Pivoted to drive-thru Voice AI for quick-service restaurants. Went public via SPAC in 2022, then went through financial distress and was reborn as Presto Phoenix in 2025.

Company

Founded

2008

Headquarters

San Carlos, United States

Financials

Total Funding

$102M

Sectors

Artificial Intelligence SaaS

www.presto.com

Funding History

7 rounds

Undisclosed Jan 7, 2025

$4M

Remus Capital (Lead) Metropolitan Partners Group Link Ventures

Series D Feb 27, 2019

$30M

Recruit Strategic Partners (Lead) Romulus Capital (Lead) I2BF Global Ventures EG Capital Brainchild Holdings

Debt Apr 28, 2016

$15M

Credit facility (debt, not equity). Not included in total funding.

Trinity Capital

Series C Sep 24, 2014

$35M

Intel Capital (Lead) Romulus Capital (Lead) TriplePoint Capital Sam Altman

Series B Jun 24, 2013

$14M

Intel Capital (Lead) Romulus Capital

Series A Aug 30, 2011

$4M

Lightbank (Lead)

Seed Aug 1, 2010

$1M

Y Combinator SV Angel Dave McClure Drew Houston

Funding data is compiled from multiple independent sources including company announcements, press coverage, and regulatory filings. While we strive for accuracy, amounts and dates may reflect reported figures at time of announcement.