Presto Automation
Closed (deSPAC)Profile in progress
- What it is
- Presto (NASDAQ: PRST) overlays next-generation digital solutions onto the physical world
- What it’s doing now
- Merging with Ventoux CCM Acquisition Corp. (VTAQ) — closed (despac).
- What you should know
- The deal carries a $85M minimum-cash condition — heavy redemptions can break it.
The business, per its filings
SEC primaryPresto (NASDAQ: PRST) overlays next-generation digital solutions onto the physical world. Presto’s enterprise-grade Voice, Vision, and Touch technologies help hospitality businesses thrive while delighting guests. With over 380 million transactions processed, Presto is one of the largest labor automation technology providers in the industry. Founded by Rajat Suri while he was a student at MIT in 2008, Presto is headquartered in Silicon Valley in San Carlos, California and counts among its customers some of the top 20 restaurant chains in the United States.
What the company says about itself
Web research — not audited[WEB-INTEL 2026-08-26] 1 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Presto today announced revised merger deal terms resulting in a $60 million equity investment alongside approximately $40 million expected from ..." [https://investor.presto.com/news-releases/news-release-details/ventoux-ccm-and-presto-automation-announce-100-million-raise]
Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.
The deal it’s entering
Presto Automation is merging with Ventoux CCM Acquisition Corp. (VTAQ) currently marked Closed (deSPAC).
| Headline equity value | — |
| PIPE | ≈ $3M · unsourced |
| Minimum cash to close | $85M |
Structure per SEC accession(s) 0001013762-23-002979, 0001213900-22-011960. How to read these numbers: headline vs effective valuation · what a definitive agreement commits
What exactly is being valued, and at what
Common questions
Is Presto Automation going public?
Presto Automation has an approved merger with the SPAC Ventoux CCM Acquisition Corp. (VTAQ). Deal status: Closed (deSPAC).
Does Presto Automation have revenue?
The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.
Educational content, not investment advice.