About Presto
Presto is a company based in Oakland (United States) founded in 2023 by J J Raynor and Ashwin Dias. It operates as a SaaS (Software-as-a-Service), Subscription Services, and Mobility-as-a-Service. Presto has raised $15 million across 2 funding rounds from investors including Union Square Ventures, Congruent Ventures and Powerhouse Ventures. Presto offers products and services including Presto Mobile App, Presto Dashboard, and Presto APIs and SDKs. Presto operates in a competitive market with competitors including AMPLY, Treehouse, OpConnect, Qmerit and Swiftmile, among others.
- Headquarter Oakland, United States
- Founders J J Raynor, Ashwin Dias
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Sectors
Transportation, Automotive & LogisticsEnergy & Utilities
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Email
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Phone
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Website
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Social
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- Legal Name Chargepass, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$15 M (USD)
in 2 rounds
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Latest Funding Round
$15 M (USD), Seed
Feb 06, 2025
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Investors
Union Square Ventures
& 4 more
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Employee Count
Employee Count
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Products & Services of Presto
Presto offers a comprehensive portfolio of products and services, including Presto Mobile App, Presto Dashboard, and Presto APIs and SDKs. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
An app for finding and managing EV charging.
A tool for fleet charging and spend management.
Tools for integrating charging into custom applications.
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Funding Insights of Presto
Presto has successfully raised a total of $15M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $15 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $15.0M
- First Round First Round
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Seed - Presto | Valuation |
investors |
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| Jun, 2023 | Amount | Seed - Presto | Valuation | Climate Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Presto
Presto has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Union Square Ventures, Congruent Ventures and Powerhouse Ventures. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Founded Year | Domain | Location | |
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Climate tech investing and support for early-stage entrepreneurs in North America.
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Founded Year | Domain | Location | |
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Venture capital firm focused on early-stage investments
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Presto
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Presto
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Presto Comparisons
Competitors of Presto
Presto operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as AMPLY, Treehouse, OpConnect, Qmerit and Swiftmile, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Fully-automated charging solution for EV fleets
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| domain | founded_year | HQ Location |
Home electrification is enabled via software for charging installations.
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| domain | founded_year | HQ Location |
EV charging solutions are delivered via cloud-based software platforms.
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| domain | founded_year | HQ Location |
Installation services for EV chargers and electrification are provided.
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| domain | founded_year | HQ Location |
Personal electric transporters (PETS) sharing & charging solutions provider
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Presto
Frequently Asked Questions about Presto
When was Presto founded?
Presto was founded in 2023.
Where is Presto located?
Presto is headquartered in Oakland, United States. It is registered at Oakland, California, United States.
Who is the current CEO of Presto?
Ashwin Dias is the current CEO of Presto. They have also founded this company.
Is Presto a funded company?
Presto is a funded company, having raised a total of $15M across 2 funding rounds to date.
What does Presto do?
Presto is engaged in delivering innovative EV charging solutions tailored for fleets, mobility platforms, and businesses. Services are provided through a mobile app, administrative dashboard, and integration tools like APIs and SDKs. The company operates within the clean technology sector, emphasizing electric vehicle infrastructure. Machine learning is utilized to enhance charging reliability and user experience. Partnerships are established with charging networks, asset owners, and major fleet operators like Uber, Avis, Hertz, and Zipcar to optimize station utilization and fleet charging efficiency across the United States.
Who are the top competitors of Presto?
What products or services does Presto offer?
Presto offers Presto Mobile App, Presto Dashboard, and Presto APIs and SDKs.
Who are Presto's investors?
Presto has 5 investors. Key investors include Union Square Ventures, Congruent Ventures, Powerhouse Ventures, Jetstream, and Climate Capital.
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