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Home » Technology » Presto Gets $30M to Launch its Restaurant AI

Presto Gets $30M to Launch its Restaurant AI

by Tony Allen
April 26, 2019
in Technology
Reading Time: 1 min read
0

Robotic servers and chefs won’t shape the restaurant of the future; instead, customers can expect a takeout app fitted right to their table. This is the future that Presto has envisaged and is currently working on with leading restaurants.

The idea is to let customers order their food, and pay for it from their table using a tablet device. The concept will also see servers with hardware wearables that will notify them when their attention is needed by customers.

Presto’s idea for future restaurants looks profitable and efficient, and it has been welcomed by large restaurant groups like Red Lobster, and Applebee’s.

The company recently announced that they’ve been able to raise $30 million from various outlets to fund the idea. Among the contributors are EG Capital, Recruit Holdings, Romulus Capital, 12BF Global Ventures and Brainchild Holdings.

“Our new AI is something large restaurant chains would adopt, as it helps to increase efficiency, decision making, and performance,” said Presto CEO Raj Suri. “In no distant time, our technology will be littered across every large chain and small chain restaurant.”

Presto’s new technology is shaping the restaurants for tomorrow, and it is giving restaurants a platform to thrive. Presto is currently expanding its footprint, and it is looking to double the already 5,000 restaurant locations it now supports.

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Tony Allen

Tony Allen received a bachelor’s degree in journalism from the University of South Florida in 2011, specializing in feature writing and reporting on sports and events.

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