Presto Raises $10 Million to Accelerate Voice AI
Presto Phoenix Inc., which provides a voice AI solution for QSR drive-thrus, has raised $10 million from Remus Capital-affiliated investors and other existing investors. The capital will be used to expand deployments, technology, and customer impact. The round follows Presto's recent integration with Toast and other AI partners including ElevenLabs and Bluejay, and continued expansion of deployments with existing and new QSR customers.
Impact and considerations
As foodservice and hospitality accelerate digitalization, scaled voice AI in high-demand drive-thru environments could reshape ordering efficiency and labor allocation for chains, and shift the competitive landscape among technology suppliers.
Key points
- Presto Phoenix Inc. raised $10 million from Remus Capital-affiliated investors and other existing investors.
- The capital will be used to expand deployments, technology, and customer impact.
- Presto Voice is expanding deployments with existing QSR customers and rolling out with new customers.
- Presto last week announced an integration with Toast and AI partners including ElevenLabs and Bluejay.
- CEO Krishna Gupta said the company is investing heavily in product and operations to help the industry adapt to an agentic future.
Sources and time
- Primary source
- Hospitality Technology
- Other sources
- 0
- First source publication
- 29 Sept 2026, 00:26
- Page published
- 29 Sept 2026, 01:30
- Last updated
- 29 Sept 2026, 00:26
- Original links
- Hospitality Technology：Presto Raises $10 Million to Accelerate Voice AI (opens in a new tab)Primary source · en · Published 29 Sept 2026, 00:26