Presto Phoenix, Inc., a San Mateo, California-based provider of Voice AI technology for quick-service restaurants, has raised $10 million in funding from Remus Capital-affiliated investors and other existing investors.
The company said the capital will support further expansion of its deployments, technology and customer impact. Presto develops Voice AI systems for restaurant drive-thrus, automating order-taking and supporting restaurant operators with AI-driven workflows.
Presto is led by co-founder and CEO Krishna Gupta. The company has been expanding its technology across US quick-service restaurant operations and recently joined the Toast Partner Ecosystem, enabling shared customers to connect Presto Voice with Toast’s point-of-sale infrastructure.
The financing follows a separate $10 million funding announcement in January 2026 that was led by Metropolitan Partners Group, with participation from Remus Capital, Link Ventures and strategic angel investors.
