Voice AI Provider Presto Shifts to Private Ownership After Sale
Presto Automation, a provider of voice AI technology for the restaurant industry, has sold its assets to a venture capital group led by Remus Capital. The deal closed in December and includes an $18 million capital inclusion to support the company’s growth and...
DoorDash Partners with Ibotta to Bring Personalized Discounts to Consumers
DoorDash consumers can expect to see more personalized promotions on the platform. The third-party delivery giant has partnered with Ibotta, North America’s largest digital promotions network. This will bring Ibotta’s extensive catalog of digital promotions and...
Par Technology Acquires Delaget to Enhance Operational Insights
Point-of-sale provider PAR Technology has paid $132 million to acquire Delaget, a restaurant analytics platform. The deal, which closed on December 31, 2024, marks a significant step in PAR’s efforts to expand its service offerings to restaurant operators. Founded in...
KFC’s Digital Twin ‘Saucy’ Aims to Capture Gen Z
KFC has debuted its first-ever spin-off concept, dubbed “Saucy.” A modern shift from traditional KFC hubs, the concept aims to attract a younger consumer base. It debuted just before the holidays, in Orlando, Florida, on Dec. 23. The core concept centers around...
Outstanding Operators
Food On Demand Outstanding Operators features restaurant brands with innovative operations that are taking creative paths to success with delivery and all things off-premises.