Presto (US) Overview
- Year Founded
-
2008
- Status
-
Private
- Employees
-
302
- Latest Deal Type
-
Series B
- Latest Deal Amount
-
$20M
- Investors
-
5
Presto (US) General Information
Description
Presto Automation Inc overlays next-gen digital solutions onto the physical world. It provides an accurate, next-gen solution that uses artificial intelligence to automate speech recognition for restaurant drive-thru. The Company earns substantially all of its revenue in the United States.
Contact Information
Website
www.presto.comCorporate Office
- 985 Industrial Road
- Suite 205
- San Carlos, CA 94070
- United States
Corporate Office
- 985 Industrial Road
- Suite 205
- San Carlos, CA 94070
- United States
Presto (US) Timeline
Presto (US) Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 25. Later Stage VC (Series B) | 29-Sep-2026 | $20M | Completed | Generating Revenue | ||
| 24. Buyout/LBO | 03-Dec-2024 | Completed | Generating Revenue | |||
| 23. 2PO | 15-Mar-2024 | Completed | Generating Revenue | |||
| 22. PIPE | 04-Mar-2024 | Completed | Generating Revenue | |||
| 21. 2PO | 21-Nov-2023 | Completed | Generating Revenue | |||
| 20. PIPE | 30-Oct-2023 | Completed | Generating Revenue | |||
| 19. PIPE | 22-May-2023 | Completed | Generating Revenue | |||
| 18. PIPE | 21-Sep-2022 | Completed | Generating Revenue | |||
| 17. Reverse Merger | 21-Sep-2022 | $13M | $145M | Completed | Generating Revenue | |
| 16. Debt - General | 11-Mar-2022 | $12.6M | $145M | Completed | Generating Revenue |
Presto (US) Comparisons
Industry
Financing
Details
Presto (US) Competitors (28)
One of Presto (US)’s 28 competitors is Toast, a Formerly VC-backed company based in Boston, MA.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| Toast | Formerly VC-backed | Boston, MA | ||||
| Paytronix Systems | Private Equity-Backed | Newton, MA | ||||
| Virtuos Digital | Corporation | Springfield, MA | ||||
| SICOM Systems | Formerly PE-Backed | Lansdale, PA | ||||
| Upserve | Private Equity-Backed | Providence, RI |
Presto (US) Patents
Presto (US) Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| FR-710359-A | Antiseptic liquid dispenser and combination of said device with a flushing device | Inactive | 29-Apr-1930 | ||
| FR-673383-A | Valve with automatic opening and closing and duration and intensity of flow adjustable at will | Inactive | 03-Aug-1928 |
Presto (US) Signals
Presto (US) Investors (5)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Metropolitan Partners Group | Lender/Debt Provider | Minority | ||
| Cleveland Avenue | Venture Capital | Minority | ||
| Link Ventures | Venture Capital | Minority | ||
| Trinity Capital (Phoenix) | Asset Manager | |||
| REMUS Capital | Venture Capital | Majority |
Presto (US) Investments & Acquisitions (9)
Presto (US)’s most recent deal was a Seed Round with Temple for . The deal was made on 16-Oct-2025.
| Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
|---|---|---|---|---|---|
| Temple | 16-Oct-2025 | Seed Round | Financial Software | ||
| Kroma Network | 04-Nov-2024 | Early Stage VC | Business/Productivity Software | ||
| Octra | 20-Sep-2024 | Seed Round | Business/Productivity Software | ||
| Polygram | 10-Sep-2024 | Seed Round | Financial Software | ||
| Pond (Business/Productivity Software) | 14-Aug-2024 | Seed Round | Business/Productivity Software |
Presto (US) ESG
Risk Overview
Risk Rating
Updated February, 29, 2024
24.25 | Med Risk
Risk Scale
A lower score indicates better sustainability
Negl
0-10
Low
10-20
Med
20-30
High
30-40
Severe
40+
Exposure
Exposure refers to the extent to which a company is exposed to different material ESG issues
Management
Management is related to actions taken to manage ESG issues
Peers Analysis
Peer performance insights compare the company’s ESG performance to the performance of selected peers to help inform future ESG decisions and drive internal performance improvements.
Global
Covered Companies
of 14,766
Rank
Percentile
Software & Services
Industry
of 965
Rank
Percentile
Enterprise and Infrastructure Software
Subindustry
of 387
Rank
Percentile
Presto (US) FAQs
-
When was Presto (US) founded?
Presto (US) was founded in 2008.
-
Where is Presto (US) headquartered?
Presto (US) is headquartered in San Carlos, CA.
-
What is the size of Presto (US)?
Presto (US) has 302 total employees.
-
What industry is Presto (US) in?
Presto (US)’s primary industry is Business/Productivity Software.
-
Is Presto (US) a private or public company?
Presto (US) is a Private company.
-
What is Presto (US)’s current revenue?
The current revenue for Presto (US) is .
-
How much funding has Presto (US) raised over time?
Presto (US) has raised $20M.
-
Who are Presto (US)’s investors?
Metropolitan Partners Group, Cleveland Avenue, Link Ventures, Trinity Capital (Phoenix), and REMUS Capital have invested in Presto (US).
-
Who are Presto (US)’s competitors?
Toast, Paytronix Systems, Virtuos Digital, SICOM Systems, and Upserve are some of the 28 competitors of Presto (US).
Data Transparency
-
Meet our data hygiene team
Discover how our experts ensure you’re getting the most accurate financial data in the industry.
Read more -
How PitchBook sources data
Our data operations team has logged over 3.5 million hours researching, organizing, and integrating the information you need most.
Discover our process