According to filings with the U.S. Securities and Exchange Commission, Presto is raising up to $18,000,000.00 in new funding. The federal securities law requires the notice to be filed by companies that have sold securities without registration under the Securities Act of 1933 in an offering made under Rule 504 or 506 of Regulation D or Section 4(a)(5) of the Securities Act. A company must file this notice within 15 days after the first sale of securities in the offering. For this purpose, the date of first sale is the date on which the first investor is irrevocably contractually committed to invest. Each issuer of securities that sells its securities in reliance on an exemption provided in Regulation D or Section 4(a)(5) of the Securities Act of 1933 must file this notice containing the information requested with the U.S. Securities and Exchange Commission (SEC) and with the state(s) requiring it. If more than one issuer has sold its securities in the same transaction, all issuers should be identified in this filing with the SEC.

About Presto
Founded on December 3rd, 2024, Presto Phoenix acquired certain assets from Presto Automation to deliver enterprise-grade AI and automation solutions to the restaurant industry. Under new ownership and properly capitalized, Prestos solutions are designed to decrease labor costs, improve staff productivity, increase revenue, and enhance the guest experience. Presto offers its AI solution, Presto Voice, to quick-service restaurants (QSR) and counts some of the most recognized restaurant names in the United States as customers.

To learn more about Presto, visit http://presto.com/
Presto Linkedin Page: https://www.linkedin.com/company/presto-ai/

Contact:
Gee Lefevre, Chief Executive Officer
650-468-0680
https://www.linkedin.com/in/gee-lefevre-27460b34/

SOURCE: http://www.intelligence360.io
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