Presto Technologies

11/29/2021

COVID-19 and subsequent labor challenges have created an industry reset, driving restaurants to embrace technology enablement.

A leading provider of restaurant labor productivity technologies is going public in a S**C deal announced Wednesday. The S**C Deal: Presto announced a S**C merger with Ventoux CCM...

11/19/2021

In face of the lasting labor shortage and with guests expecting faster improved service, restaurants are increasingly looking towards technology to optimize their operations.

Eighty-seven percent of restaurant owners/operators believe that technology adoption has been critical for survival throughout the COVID-19 pandemic, according to Lightspeed's Global State of Hospitality report. 

11/18/2021

Read more about Presto's plans to go public here:

By Michael Dabaie Presto, a provider of restaurant-labor-productivity technologies, plans to go public through a merger with special purpose acquisition...

11/17/2021

Custom designed for both drive-thru and dine-in applications, Presto Flex can be deployed as a pay-at-table, staff handheld, kiosk, or drive-thru line buster—offering wide front-of-house flexibility. With our continued growth, you can expect to see more new innovative solutions like Presto Flex. See Presto Flex in action at https://presto.com/flex/.

11/17/2021

Yahoo Finance interviews Presto CEO Raj Suri about how Presto technologies can help restaurants combat labor shortages.

Rajat Suri, founder and CEO of Presto, discusses how point-of-sale, QR code and vision technology aimed at quick-service restaurants, can streamline ordering and customer insight.

11/16/2021

Presto is uniquely positioned to help solve what it thinks is the restaurant industry’s biggest crisis: the labor shortage. Restaurants have lost 1.5M workers in the pandemic, and more continue to depart.

Raising millions of dollars in capital will help the restaurant technology company invest in improving its labor saving and guest experience products.

11/15/2021

As Presto embarks on the next phase of its corporate journey, we remain dedicated to solving the restaurant industry’s most critical problems. With Presto Vision, restaurants can measure throughput and order accuracy, identify issues, and implement real-time solutions. See how it works at https://presto.com/vision/.

11/12/2021

In this tough labor environment, Presto is more committed than ever to help businesses thrive while delighting guests.
https://www.pymnts.com/spac/2021/presto-completes-1b-spac-merger-to-go-public/

11/12/2021

We believe our decision to go public will drive greater innovation around our voice technology. Presto Voice solutions enable guests and staff to place orders in a natural conversational style. Our speech recognition technology offers 94%+ automated order completion even in the noisiest environments. Learn more or schedule a demo at https://presto.com/voice/.

11/11/2021

Learn more about Presto’s mission in this great article by FSR Magazine.

Restaurant tech company Presto announced Wednesday that it will go public through a merger with special purpose acquisition company (S**C) Ventoux CCM Acquisition Corp. The merger has a pro forma equity value of about $1 billion.

11/11/2021

Read more about our journey in going public at Restaurant Business.

It will merge with Ventoux Acquisition Corp. and begin trading on NASDAQ to raise funds for its digital ordering systems.

11/11/2021

The restaurant industry continues to experience a record-breaking labor shortage. With our next-gen voice, vision, and touch technologies, Presto customers see a significant increase in labor productivity. We believe our transition to a publicly traded company will increase the tangible benefits that Presto partners experience.

See full press release here:
https://presto.com/investor-relations/