Presto Phoenix Inc.
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Presto Phoenix Inc. - overview
Established
2008
Location
San Carlos, CA, US
Primary Industry
Software
About
Based in California, US, and founded by Rajat Suri and Ashish Gupta in 2008, Presto operates as a provider of a front-of-house technology platform for restaurants. Presto Phoenix Inc. raised USD 10 million in venture funding from Metropolitan Partners Group, Remus Capital and Link Ventures. Individuals and other unspecified investors also participated in the round.
Presto provides a tabletop terminal that enables customers to browse the menu, order, provide feedback, pay with a virtual payment card or mobile payment system, and a wearable device that alerts managers with information such as birthdays, food allergies, and customer loyalty status, and Presto A. I. that forecasts labour requirements and predicts guest preferences.
Current Investors
Cleveland Avenue, Romulus Capital, Bridge Bank
Primary Industry
Software
Sub Industries
Hardware, Internet, Analytics & Performance Software, Connectivity Software
Website
www.presto.com/
Verticals
Artificial Intelligence, Big Data, Cloud Computing
Total Amount Raised
Subscriber access only
Presto Phoenix Inc. - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| PIPE | Completed | Presto Phoenix Inc. | - | ||||||||
| PIPE | Completed | Presto Phoenix Inc. | - | ||||||||
| Unspecified Exit | Completed | Presto Phoenix Inc. | - |
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