| Founded | 2008 |
|---|---|
| Closed | 2023 |
| Country | USA |
| Sector | Ai |
| Total raised | $100M+ |
| Collapse type | Slow Death |
| Founder | Rajat Suri |
Presto Automation
"The AI drive-through voice ordering system that SPAC'd at $450M then almost went bankrupt when the voice AI didn't work reliably enough"
Years-long decline before final shutdown
Key Events Timeline
Presto Automation built AI-powered voice ordering technology for fast-food drive-through lanes, with deployments at Del Taco, Checkers/Rally's, and Carl's Jr.
// full analysis
Full analysis requires the Analyst plan
Documented cause · Market cycle · Competitive moat type · Verified lesson
€149/mo · or contribute your autopsy for free access →
UnicornBurn Season 0 opens July 2026. 10,000 founders competing in one world. Your startup fights for the market every Saturday. Most will end up here. Which one are you?
JOIN SEASON 0 →Presto Automation followed a documented pattern. Identify the same signals in any company before they reach the point of no return.
Witnessed a startup failure first-hand? Share the real story. First-hand accounts from founders and team members get prioritized for publication.
SUBMIT AN AUTOPSY →Failure intelligence for due diligence and risk analysis.
Structured dataset by collapse type, for 5031 startups. 7-day trial.
See plans →Free JSON API. No key required. 50 autopsies, 10 req/day.
Full dataset available with Intelligence plan API key. CORS enabled.
Explore API →Academic, press, or research use? Free JSON API available — no auth required →