Knowledge (XXG)

Presto (restaurant technology platform)

Source đź“ť

75:. Suri was a graduate student at MIT when he created the first E la Carte product, a tablet that allows restaurant customers to order and pay through a tablet. He left his graduate program to become a waiter in order to learn more about the restaurant industry. Previously, Suri was a cofounder of Zimride, now known as 137:
In February 2024, Presto named Gee Lefevre as its new CEO. Lefevre was tasked with a turnaround of the business following several months of instability. Three months after his appointment, Lefevre conducted a number of interviews indicating a "reemergence" of Presto with several new product
162:, line-busting tablets, server handheld tablets, tabletop tablets for guests, and kiosks. With Presto systems, restaurants experience an increase in check sizes, turn tables at least 10 minutes faster, and increase tips by an average of 16%. 22:
is a technology platform for the restaurant industry developed by Redwood City–based E la Carte. The company targets the customer-facing technology market for full-service and quick-service restaurants. Their products consist of
500: 694: 432: 525: 436: 660: 428: 353: 232: 180:
In August 2021, Presto launched its new voice capability . The system is powered by a set of highly accurate conversational artificial intelligence technologies.
475: 116:
invested $ 13.5 million in Series B funding in E la Carte, with participation from Romulus Capital. Later that year, E la Carte relocated to a new office in
613: 251: 636: 404: 329: 283: 208: 551: 450: 134:
In November 2021, Presto announced a merger with Ventoux CCM Acquisition Corp. The company will be renamed Presto Technologies, Inc.
131:
and Romulus Capital to grow its AI platform. Presto began piloting its computer vision program called Presto Vision in October 2019.
322:
The next frontier of restaurant management : harnessing data to improve guest service and enhance the employee experience
201:
The next frontier of restaurant management : harnessing data to improve guest service and enhance the employee experience
719: 674: 501:"E La Carte Scores Deal With Applebee's, Bringing 100,000 Tableside Tablets To All U.S. Locations By Year-End 2014" 371: 357: 307: 236: 147: 117: 159: 52: 32: 750: 98: 91: 127:
E la Carte rebranded to Presto in 2018. In 2019, Presto raised $ 30 million in growth financing led by
124:
signed a deal with E la Carte to deploy 100,000 tableside tablets to its locations by the end of 2014.
372:"Presto's Payment Data Security Earns Payment Card Industry's Point-to-Point Encryption Certification" 526:"Presto raises $ 30M to bring its AI platform and tabletop ordering hardware to restaurant chains" 654: 576:"Presto, a Leading Provider of Restaurant Labor Productivity Technologies, to be Publicly Listed" 422: 347: 301: 226: 166: 44: 28: 642: 632: 410: 400: 335: 325: 289: 279: 214: 204: 170: 128: 476:"Customized Tablet For Restaurants E La Carte Raises $ 13.5M From Intel Capital And Others" 183:
Presto introduced its all-in-one restaurant platform in September 2021 called Presto Flex.
675:"Presto CEO helping coronavirus-hit restaurants by offering contactless ordering for free" 155: 24: 744: 695:"Presto Launches New Voice Capability to Automate Speech Recognition for Restaurants" 121: 113: 72: 36: 83: 552:"Outback Steakhouse wants to know if A.I. tech can help improve customer service" 56: 646: 339: 218: 87: 68: 48: 40: 35:, tabletop tablets, and server tablets. As of October 2019, customers include 414: 293: 177:
with their phone in order to view the menu, place orders, and make payments.
575: 106: 102: 97:
E la Carte first installed its touchscreen tablets in restaurants in the
614:"Presto plans to improve its drive-thru AI by letting it make mistakes" 278:. Eisenmann, Thomas R. (1st ed.). Sebastopol, CA: O'Reilly. 2013. 174: 105:, receive payments, split bills, and calculate tips. In August 2011, 82:
E la Carte was accepted into Silicon Valley–based seed accelerator
324:. Susskind, Alex M.,, Maynard, Mark, 1967-. Ithaca. 15 June 2019. 203:. Susskind, Alex M.,, Maynard, Mark, 1967-. Ithaca. 15 June 2019. 599: 76: 67:
Presto, then known by its legal name E la Carte, was founded by
151: 154:
and mobile payment technologies. Presto's products include
629:
Fintech in a flash : financial technology made easy
397:
Popular culture : global intercultural perspectives
252:"The Future Of Restaurant Technology And The Role Of AI" 109:
invested $ 4 million in venture capital in E la Carte.
451:"Lightbank Leads $ 4 Million Investment in E la Carte" 173:. The system enables restaurant customers to scan a 720:"Presto introduces multipurpose restaurant tablet" 101:in 2011. The tablets could take orders, act as a 138:advancements and overall business stability. 8: 431:) CS1 maint: multiple names: authors list ( 659:: CS1 maint: location missing publisher ( 435:) CS1 maint: numeric names: authors list ( 427:: CS1 maint: location missing publisher ( 352:: CS1 maint: location missing publisher ( 231:: CS1 maint: location missing publisher ( 169:system to restaurants in response to the 276:Managing startups : best blog posts 192: 652: 420: 399:. Houndmills, Basingstoke, Hampshire. 345: 299: 224: 86:in 2010. The same year, Suri moved to 7: 627:Rubini, AgustĂ­n (17 December 2018). 158:, conversational AI voice ordering, 146:The Presto platform operates on the 395:Brooks, Ann, 1952- (15 July 2014). 14: 165:In 2020, Presto began to offer a 1: 550:Lucas, Amelia (2019-10-16). 457:. Business Wire. 2011-08-30 767: 631:(Third ed.). Boston. 724:www.kioskmarketplace.com 148:Android operating system 306:: CS1 maint: others ( 99:San Francisco Bay Area 356:) CS1 maint: others ( 235:) CS1 maint: others ( 71:in October 2008 in 16:Technology platform 532:. 27 February 2019 167:contactless dining 45:Outback Steakhouse 29:speech recognition 638:978-1-5474-0105-5 600:"Leadership Team" 507:. 2 December 2013 406:978-1-137-42672-7 376:finance.yahoo.com 331:978-1-5017-3652-0 285:978-1-4493-7050-3 210:978-1-5017-3652-0 171:COVID-19 pandemic 758: 735: 734: 732: 731: 716: 710: 709: 707: 706: 691: 685: 684: 682: 681: 671: 665: 664: 658: 650: 624: 618: 617: 610: 604: 603: 596: 590: 589: 587: 586: 572: 566: 565: 563: 562: 547: 541: 540: 538: 537: 522: 516: 515: 513: 512: 497: 491: 490: 488: 487: 472: 466: 465: 463: 462: 447: 441: 440: 426: 418: 392: 386: 385: 383: 382: 368: 362: 361: 351: 343: 318: 312: 311: 305: 297: 272: 266: 265: 263: 262: 247: 241: 240: 230: 222: 197: 129:Recruit Holdings 766: 765: 761: 760: 759: 757: 756: 755: 741: 740: 739: 738: 729: 727: 718: 717: 713: 704: 702: 693: 692: 688: 679: 677: 673: 672: 668: 651: 639: 626: 625: 621: 612: 611: 607: 598: 597: 593: 584: 582: 574: 573: 569: 560: 558: 549: 548: 544: 535: 533: 524: 523: 519: 510: 508: 499: 498: 494: 485: 483: 474: 473: 469: 460: 458: 449: 448: 444: 419: 407: 394: 393: 389: 380: 378: 370: 369: 365: 344: 332: 320: 319: 315: 298: 286: 274: 273: 269: 260: 258: 250:Bandoim, Lana. 249: 248: 244: 223: 211: 199: 198: 194: 189: 156:computer vision 150:, and supports 144: 65: 25:computer vision 17: 12: 11: 5: 764: 762: 754: 753: 743: 742: 737: 736: 711: 686: 666: 637: 619: 605: 591: 567: 542: 517: 492: 482:. 24 June 2013 467: 442: 405: 387: 363: 330: 313: 284: 267: 242: 209: 191: 190: 188: 185: 143: 140: 112:In June 2013, 64: 61: 15: 13: 10: 9: 6: 4: 3: 2: 763: 752: 751:2008 software 749: 748: 746: 725: 721: 715: 712: 700: 699:Bloomberg.com 696: 690: 687: 676: 670: 667: 662: 656: 648: 644: 640: 634: 630: 623: 620: 615: 609: 606: 601: 595: 592: 581: 577: 571: 568: 557: 553: 546: 543: 531: 527: 521: 518: 506: 502: 496: 493: 481: 477: 471: 468: 456: 455:Bloomberg.com 452: 446: 443: 438: 434: 430: 424: 416: 412: 408: 402: 398: 391: 388: 377: 373: 367: 364: 359: 355: 349: 341: 337: 333: 327: 323: 317: 314: 309: 303: 295: 291: 287: 281: 277: 271: 268: 257: 253: 246: 243: 238: 234: 228: 220: 216: 212: 206: 202: 196: 193: 186: 184: 181: 178: 176: 172: 168: 163: 161: 157: 153: 149: 141: 139: 135: 132: 130: 125: 123: 119: 115: 114:Intel Capital 110: 108: 104: 100: 95: 93: 90:and opened a 89: 85: 80: 78: 74: 73:Massachusetts 70: 62: 60: 58: 54: 50: 46: 42: 38: 34: 30: 26: 21: 728:. Retrieved 726:. 2021-09-22 723: 714: 703:. Retrieved 701:. 2021-08-31 698: 689: 678:. Retrieved 669: 628: 622: 608: 594: 583:. Retrieved 579: 570: 559:. Retrieved 555: 545: 534:. Retrieved 529: 520: 509:. Retrieved 504: 495: 484:. Retrieved 479: 470: 459:. Retrieved 454: 445: 396: 390: 379:. Retrieved 375: 366: 321: 316: 275: 270: 259:. Retrieved 255: 245: 200: 195: 182: 179: 164: 145: 136: 133: 126: 118:Redwood City 111: 96: 84:Y Combinator 81: 66: 19: 18: 57:Red Lobster 730:2021-10-29 705:2021-10-29 680:2020-06-26 647:1084727022 585:2022-01-14 561:2020-01-02 536:2020-01-02 530:TechCrunch 511:2020-01-02 505:TechCrunch 486:2020-01-02 480:TechCrunch 461:2020-01-02 381:2020-01-02 340:1075077371 261:2020-01-02 219:1075077371 187:References 122:Applebee's 88:California 69:Rajat Suri 37:Applebee's 655:cite book 423:cite book 415:915154806 348:cite book 302:cite book 294:853281576 227:cite book 107:Lightbank 103:sommelier 92:Palo Alto 745:Category 142:Products 94:office. 53:Checkers 175:QR code 63:History 49:Denny's 41:Chili's 645:  635:  580:Presto 413:  403:  338:  328:  292:  282:  256:Forbes 217:  207:  55:, and 20:Presto 661:link 643:OCLC 633:ISBN 556:CNBC 437:link 433:link 429:link 411:OCLC 401:ISBN 358:link 354:link 336:OCLC 326:ISBN 308:link 290:OCLC 280:ISBN 237:link 233:link 215:OCLC 205:ISBN 77:Lyft 152:EMV 747:: 722:. 697:. 657:}} 653:{{ 641:. 578:. 554:. 528:. 503:. 478:. 453:. 425:}} 421:{{ 409:. 374:. 350:}} 346:{{ 334:. 304:}} 300:{{ 288:. 254:. 229:}} 225:{{ 213:. 160:AI 120:. 79:. 59:. 51:, 47:, 43:, 39:, 33:AI 31:, 27:, 733:. 708:. 683:. 663:) 649:. 616:. 602:. 588:. 564:. 539:. 514:. 489:. 464:. 439:) 417:. 384:. 360:) 342:. 310:) 296:. 264:. 239:) 221:.

Index

computer vision
speech recognition
AI
Applebee's
Chili's
Outback Steakhouse
Denny's
Checkers
Red Lobster
Rajat Suri
Massachusetts
Lyft
Y Combinator
California
Palo Alto
San Francisco Bay Area
sommelier
Lightbank
Intel Capital
Redwood City
Applebee's
Recruit Holdings
Android operating system
EMV
computer vision
AI
contactless dining
COVID-19 pandemic
QR code
ISBN

Text is available under the Creative Commons Attribution-ShareAlike License. Additional terms may apply.

↑