Remus Capital Affiliates Pour $10M Into QSR Voice AI Leader Presto Phoenix
San Mateo-based Presto Phoenix raised $10M from Remus Capital-affiliated investors and existing backers, with Presto Voice expanding deployments and adding Toast, ElevenLabs and Bluejay partnerships.
Presto Phoenix, Inc., a San Mateo, California-based company that sells enterprise-grade Voice AI for quick-service restaurants, has raised $10M in funding. The money came from Remus Capital-affiliated investors and other existing investors.
Presto describes itself as the leader in enterprise-grade Voice AI for QSRs. Its product, Presto Voice, is at the center of the company's current push. The announcement says the capital comes amid continued momentum for Presto Voice, including expansion of its deployment with existing customers, launches with new customers, and rapidly expanding product capabilities.
The company also pointed to recently announced partnerships with Toast and with AI partners ElevenLabs and Bluejay. Presto says those partners are part of its proprietary AI platform.
The funding announcement is light on structural details. It does not name a single lead investor, designate a specific round, or disclose valuation terms. Instead, the emphasis is on commercial traction: existing customers are expanding their use of Presto Voice, new customers are coming online, and the product's capabilities are growing.
For a company positioning itself as the leader in enterprise-grade voice AI for QSRs, the new capital arrives at a moment of momentum. The participation of Remus Capital-affiliated investors and other existing backers points to continuity in the company's investor base as it pursues new deployments and partnerships.
About the Company
Presto Phoenix, Inc. the leader in enterprise-grade Voice AI for quick-service restaurants (QSRs), announced it had raised $10 million in funding from Remus Capital-affiliated investors and other existing investors.