Presto Posts Significant Growth by Bringing New Solutions, Expanding Market Base

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Over the past 12 months, Presto has doubled its customer base and made significant contributions to the restaurant industry during the pandemic. The company is helping thousands of restaurants go contactless and is connecting COVID-19 patients to loved ones—while continuing to foster innovation during challenging times.

By launching several new solutions and signing key national agreements, Presto has further consolidated its status as one of the largest providers of restaurant technology. The company has rapidly expanded its customer base due to new solutions like contactless dining and computer vision technology. It currently has over 100 million active monthly users and 300,000 systems shipped across three continents.

Presto’s recent growth has been fueled by the launch of several new technologies for drive-thru performance optimization, contactless ordering / payment, and staff enablement. Its strategic partnerships with important industry leaders such as PayPal, Google, and Fiserv provide valuable access to global markets and help it scale rapidly. With Presto, restaurants across the world not only have the best technology today, but also get a continuous stream of innovation and a variety of complementary technologies to support their future needs.

“Presto has experienced triple-digit growth year-over-year, thanks to our focus on innovation and customer success,” says CEO Raj Suri. “We are proud to bring industry-leading contactless ordering and payment technologies to help the industry cope with current challenges.”

Enterprise-Grade Technology

Originally known for its pay-at-table offering, Presto has quickly expanded to become the restaurant industry’s only end-to-end front-of-house technology platform. In addition to enhancing the guest experience, the Presto platform enables staff efficiency (Server Handheld, Line Busting Tablet, Wearable Watch) and data-driven insights for managers (Analytics & Reporting, Computer Vision, Predictive AI). Presto has also doubled its customer base by helping thousands of restaurants reopen across the world during the pandemic. Guests can enjoy a personalized, on-demand dining experience anywhere with Presto’s new Contactless Order & Pay, Self-Service Kiosk, and Drive-Thru Solutions.

COVID Tech Connect

To further its commitment to the community, Presto has partnered with the COVID Tech Connect initiative. Volunteers from across the country are coming together to supply hospitals and senior care facilities with smart devices so critically ill patients can communicate with loved ones during their last moments. The initiative has received significant national media coverage, raised over $4M, and delivered 6,000 smart devices. Please visit covidtechconnect.com to learn more about this initiative.

For more information on any Presto product or to schedule a demo, please contact mktg@presto.com or visit presto.com.

About Presto

Presto is transforming the restaurant industry by offering innovative, enterprise-grade technologies. Its platform enables operational efficiency and data-driven insights while enhancing guest experience. The highly customizable platform includes powerful solutions for guests (pay-at-table, kiosk, mobile SDK), staff (server handheld, line buster), and managers (computer vision, wearable, A.I. & analytics). Founded in 2008 at the Massachusetts Institute of Technology (MIT) and now based in Silicon Valley, California, Presto is currently used by the majority of the top 20 restaurant chains in the U.S. including Applebee’s, Chili’s Grill & Bar, Denny’s, and Outback Steakhouse.

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Rajul Misra
Presto
+1 (408) 659-6825
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