Presto raises $10M to push Voice AI into drive-thrus

What's the deal? Presto Phoenix, a Silicon Valley maker of Voice AI for quick-service restaurant drive-thrus, has raised $10 million in a late-stage round. Remus CapitalDealroom has a profile for this one. Try Dealroom →-affiliated investors led the funding, joined by existing backers.

What's the endgame? The company automates drive-thru order-taking to cut labour costs, lift staff productivity, and standardise the guest experience. It plans to use the capital to expand deployments, build out its technology, and grow its customer base across major US QSR brands.

Why now? The round follows a run of new deals for Presto VoiceDealroom has a profile for this one. Try Dealroom →, including partnerships with Toast, ElevenLabs, and Bluejay. Its integration with Toast lets restaurants that modernise their point-of-sale systems adopt Presto's voice tools directly — reaching an ecosystem of more than 200 partners.

What they're saying: "We've continued to prove that Voice AI can deliver meaningful results at scale across some of the most demanding drive-thru environments and menus," said co-founder and chief executive officer Krishna Gupta.

Remus Capital's John Tincoff pointed to "clear tailwinds for QSR adoption," citing the labour environment and the push to standardise operations.

The signal: A $10 million raise sits in the smaller tier of venture rounds, but the bet is pointed: voice automation is becoming a core layer of restaurant tech stacks, with POS platforms like Toast opening the door to scale.

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Image credit: Random Retail