# Presto Phoenix

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/presto-phoenix

- Industry: Software
- Headquarters: San Carlos, US
- Website: www.presto.com/
- Total disclosed funding: $28M
- Latest round: Series C (Sep 24, 2014)
- Investors on record: 8

## 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.

## Funding rounds

- Series C, Sep 24, 2014 — Intel Capital, Romulus Capital, TriplePoint Capital
- Series B, Jun 24, 2013, $14M — Intel Capital, Romulus Capital
- Series A, Aug 30, 2011, $4M — Lightbank
- Seed, Apr 1, 2011 — SV Angel, Y Combinator
- Series A, May 1, 2006, $10M — Clearstone Venture Partners, Kleiner Perkins

## Investors

- Clearstone Venture Partners (https://capitalatlas.ai/funds/clearstone-venture-partners) — Series A
- Kleiner Perkins (https://capitalatlas.ai/funds/kleiner-perkins) — Series A
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed
- Y Combinator (https://capitalatlas.ai/funds/y-combinator) — Seed
- Lightbank (https://capitalatlas.ai/funds/lightbank) — Series A
- Intel Capital (https://capitalatlas.ai/funds/intel-capital) — Series B, Series C
- Romulus Capital — Series B, Series C
- TriplePoint Capital (https://capitalatlas.ai/funds/triplepoint-capital) — Series C