<s>
Presto	B-Application
is	O
a	O
technology	O
platform	O
for	O
the	O
restaurant	O
industry	O
developed	O
by	O
Redwood	O
City-based	O
E	O
la	O
Carte	O
.	O
</s>
<s>
Their	O
products	O
consist	O
of	O
computer	B-Application
vision	I-Application
,	O
speech	B-Application
recognition	I-Application
,	O
AI	B-Application
,	O
tabletop	O
tablets	O
,	O
and	O
server	O
tablets	O
.	O
</s>
<s>
Presto	B-Application
,	O
then	O
known	O
by	O
its	O
legal	O
name	O
E	O
la	O
Carte	O
,	O
was	O
founded	O
by	O
Rajat	O
Suri	O
in	O
October	O
2008	O
in	O
Massachusetts	O
.	O
</s>
<s>
Previously	O
,	O
Suri	O
was	O
a	O
cofounder	O
of	O
Zimride	O
,	O
now	O
known	O
as	O
Lyft	B-Application
.	O
</s>
<s>
E	O
la	O
Carte	O
rebranded	O
to	O
Presto	B-Application
in	O
2018	O
.	O
</s>
<s>
In	O
2019	O
,	O
Presto	B-Application
raised	O
$30	O
million	O
in	O
growth	O
financing	O
led	O
by	O
Recruit	O
Holdings	O
and	O
Romulus	O
Capital	O
to	O
grow	O
its	O
AI	B-Application
platform	O
.	O
</s>
<s>
Presto	B-Application
began	O
piloting	O
its	O
computer	B-Application
vision	I-Application
program	O
called	O
Presto	B-Application
Vision	O
in	O
October	O
2019	O
.	O
</s>
<s>
In	O
November	O
2021	O
,	O
Presto	B-Application
announced	O
a	O
merger	O
with	O
Ventoux	O
CCM	O
Acquisition	O
Corp	O
.	O
</s>
<s>
The	O
company	O
will	O
be	O
renamed	O
Presto	B-Application
Technologies	O
,	O
Inc	O
.	O
</s>
<s>
The	O
Presto	B-Application
platform	O
operates	O
on	O
the	O
Android	B-Application
operating	I-Application
system	I-Application
,	O
and	O
supports	O
EMV	O
and	O
mobile	O
payment	O
technologies	O
.	O
</s>
<s>
Presto	B-Application
's	O
products	O
include	O
computer	B-Application
vision	I-Application
,	O
conversational	O
AI	B-Application
voice	O
ordering	O
,	O
AI	B-Application
,	O
line-busting	O
tablets	O
,	O
server	O
handheld	O
tablets	O
,	O
tabletop	O
tablets	O
for	O
guests	O
,	O
and	O
kiosks	O
.	O
</s>
<s>
With	O
Presto	B-Application
systems	O
,	O
restaurants	O
experience	O
an	O
increase	O
in	O
check	O
sizes	O
,	O
turn	O
tables	O
at	O
least	O
10	O
minutes	O
faster	O
,	O
and	O
increase	O
tips	O
by	O
an	O
average	O
of	O
16%	O
.	O
</s>
<s>
In	O
2020	O
,	O
Presto	B-Application
began	O
to	O
offer	O
a	O
contactless	O
dining	O
system	O
to	O
restaurants	O
in	O
response	O
to	O
the	O
COVID-19	O
pandemic	O
.	O
</s>
<s>
In	O
August	O
2021	O
,	O
Presto	B-Application
launched	O
its	O
new	O
voice	O
capability	O
.	O
</s>
<s>
The	O
system	O
is	O
powered	O
by	O
a	O
set	O
of	O
highly	O
accurate	O
conversational	O
artificial	B-Application
intelligence	I-Application
technologies	O
.	O
</s>
<s>
Presto	B-Application
introduced	O
its	O
all-in-one	O
restaurant	O
platform	O
in	O
September	O
2021	O
called	O
Presto	B-Application
Flex	O
.	O
</s>
