Funding round · AI
Presto Phoenix announces $10m financing for restaurant Voice AI
The September financing supports customer deployments and product development for quick-service restaurant drive-throughs.
A new financing announcement in September
Presto Phoenix announced $10 million in financing on September 28 to support its restaurant Voice AI business. The company will expand deployments and product technology as it works with existing chains and launches new customers.
The announcement is separate from the January 8 financing already recorded in the company’s funding history. The September release describes a new financing and does not characterise the $10 million as cumulative capital.
Use of funds
Expand deployments and product technology for restaurant drive-throughs
Increase customer impact across quick-service restaurant chains
Funding history
Funding round · This round$10M
Undisclosed$10M