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0 0.000198399576747577 -3.30665961245649E-05 -0.00128959724885916 0.000991997883737885 0.000991997883737885 0.000991997883737885 0.000991997883737885
Stock impact report

Presto raises $10M in funding [Yahoo! Finance]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: Yahoo! Finance
Presto has raised $10 million in capital during a funding round led by Metropolitan Partners Group. Remus Capital, Link Ventures and other strategic angel investors, such as the CEO of ElevenLabs, an automated voice platform, also participated, according to a Thursday press release. The funding will accelerate Presto's expansion and production-scale deployments and allow it to innovate its artificial intelligence across the restaurant industry. After spinning off its tabletop technology business in 2024 , Presto has focused on developing its voice AI tech for QSRs. The company has partnered with chains, including Taco John's and Carl's Jr. and Hardee's , to provide Presto's voice ordering technology at their drive-thrus. It also works with Wienerschnitzel , Captain D's and Fazoli's. Despite a rough 2024 that included being delisted by Nasdaq , Presto used 2025 to expand its AI capabilities and innovate. Last April, the company added a phone-ordering business offering automate Show less Read more
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