E la Carte Captures 40 Percent of Deployed Restaurant Tabletop Market

Silicon Valley technology company surpasses 85,000 deployed and operational Presto™ Smart Dining Systems nationwide

REDWOOD CITY, Calif.--()--E la Carte, the creators of the Presto Smart Dining System for restaurants, today announced that it has deployed more than 85,000 Presto tablets throughout its network of restaurant customers across the United States. The Presto Smart Dining System has already processed more than $600 million in consumer payment transactions and is on pace to process well over one billion dollars in 2016. These revolutionary guest-facing tablets are deployed and operational in more than 1,700 restaurants throughout the nation. The Presto Smart Dining System now enjoys a 40 percent market share in the rapidly growing guest facing restaurant technology sector and serves more than 1 million guests per day.

E la Carte has partnered with several large restaurant chains to bring this state-of-the-art e-commerce system to casual dining across the U.S., including Applebee’s Grill and Bar. With more than 2,000 locations globally, Applebee’s serves more than 300 million guests per year and is one of the world’s largest restaurant brands. E la Carte has also successfully deployed its Presto Smart Dining System™ to restaurant brands in other major categories such as steakhouses, sports bars, sushi restaurants, and gourmet burger stores. E la Carte has also signed agreements to deploy its category-leading solution internationally.

“The Presto Smart Dining System delivers significant financial and operational ROI benefits to restaurant operators, as well as improves the dining experience for guests by allowing them to control how they place orders and pay for their meals,” said Raj Suri, Founder and CEO of E la Carte. “This is a very exciting time to be a part of the restaurant industry as it undergoes a massive digital transformation.”

About E la Carte and the Presto Smart Dining System™

E la Carte, developers of the Presto Smart Dining System™, has led the table-top dining revolution with its guest-facing, at-the-table, ecommerce system. Now installed in over 1,700 restaurants across the nation, the Presto System enables restaurant guests to take greater control over their dining experience. The Presto System not only allows guests to order digitally from the table with a custom designed tablet, it also allows guests to interact with interactive content and games, as well as pay their bill without having to wait for a server. Restaurant wait staff are also able to focus on more valuable interactions with guests resulting in higher guest satisfaction.

The Presto System's proprietary software platform also unlocks restaurant data that was previously inaccessible to restaurant operators, allowing them to make smarter decisions around guest satisfaction so that their brands can better compete in an age where digitally enhanced experiences are an expectation, not a luxury.

E la Carte, Inc. was founded out of MIT in 2008 and is headquartered in Silicon Valley’s Redwood City. The company has raised more than $50 million in capital from investors that include Intel Capital, SV Angels, and Lightbank. For more information visit www.elacarte.com or follow the company on Twitter @prestotablet.

Contacts

E la Carte
Mike Church, 917-816-0100
Vice President, Marketing
mchurch@elacarte.com

Release Summary

E la Carte Captures 40 Percent of Deployed Restaurant Tabletop Market. Silicon Valley technology company surpasses 85,000 deployed and operational Presto™ Smart Dining Systems nationwide.

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Contacts

E la Carte
Mike Church, 917-816-0100
Vice President, Marketing
mchurch@elacarte.com