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Rajat Suri is a Canadian-American entrepreneur. He is the co-founder and CEO of Presto.
Rajat Suri | |
|---|---|
| Education | Thornlea Secondary School Massachusetts Institute of Technology (attended) |
| Title | Founder and CEO, Presto |
In 2007, Suri received a bachelor's in chemical engineering and economics from the University of Waterloo. He was a Ph.D./M.B.A. candidate at Massachusetts Institute of Technology (MIT) until he dropped out to pursue a career as an entrepreneur. [1]
Suri was a co-founder of Zimride, which later became Lyft and grew to be the second-largest ridesharing company in the United States.
In 2008, while trying to split a bill with his friends, Suri was inspired to create a product that allowed restaurant customers to order and pay through a tablet. [2] In October 2008, he founded Presto, then known by its legal name E la Carte in Massachusetts. The company is a major player in the customer-facing technology market for full-service and quick-service restaurants. [3] [4]
On November 10, 2021, Suri announced that Presto entered into a definitive merger agreement with Ventoux CCM Acquisition Corp. ("Ventoux") (NASDAQ: VTAQ), a special-purpose acquisition company that will result in Presto becoming a public company. [5] [6] Upon closing, the company will be renamed Presto Technologies, Inc. and expects to list its common stock on Nasdaq. The combined company has a pro forma equity value of approximately $1 billion.
Tech Data Corporation is an American multinational distribution company specializing in IT products and services headquartered in Clearwater, Florida as of 2021. However, there's possibility that this could change in the upcoming year due to their merger with their competitor, Synnex. There is no word yet about whether HQ will remain with Tech Data or Synnex; The company's name is now TD Synnex. Synnex is to be the primary owner. Tech Data provides a broad range of product lines, logistics capabilities and value-added services that enable technology manufacturers and resellers, such as Google, Apple, Cisco, Dell, Fortinet, Hewlett Packard Enterprise, HP Inc., IBM, Lenovo, LG, Microsoft, Sony, Symantec, Trend Micro, Viewsonic and VMware, to deploy IT solutions.
Perella Weinberg Partners L.P. is a global financial services firm focused on investment banking advisory services.
Penton was an information services and marketing company. The company's three largest revenue streams came from events, digital and marketing services. Although Penton had a long history as a trade publisher, in 2015 it reported that 35 percent of its EBITDA derived from digital products, 54 percent from events, and 11 percent from print. The main industry segments served by Penton include agriculture, transportation, natural products/food, infrastructure, and design and manufacturing.
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US Foods is an American foodservice distributor. With approximately $24 billion in annual revenue, US Foods was the 10th largest private company in America until its IPO. Many of the entities that make up US Foods were founded in the 19th century, including one that sold provisions to travelers heading west during the 1850s gold rush. The company used the name U.S. Foodservice until 1993. US Foods offers more than 350,000 national brand products and its own “exclusive brand” items, ranging from fresh meats and produce to prepackaged and frozen foods. The company employs approximately 25,200 people in more than 60 locations nationwide, and provides food and related products to more than 250,000 customers, including independent and multi-unit restaurants, healthcare and hospitality entities, government and educational institutions. The company is headquartered in Rosemont, Illinois, and is a publicly held company trading under the ticker symbol USFD on the New York Stock Exchange.
Mellanox Technologies Ltd. is an Israeli-American multinational supplier of computer networking products based on InfiniBand and Ethernet technology. Mellanox offers adapters, switches, software, cables and silicon for markets including high-performance computing, data centers, cloud computing, computer data storage and financial services.
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Chewy, Inc. is an American online retailer of pet food and other pet-related products based in Dania Beach, Florida. In 2017, Chewy was acquired by PetSmart for $3.35 billion, which was the largest ever acquisition of an e-commerce business at the time. The company completed its initial public offering in 2019, raising $1 billion.
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Grubhub Inc. is an American online and mobile prepared food ordering and delivery platform owned by Just Eat Takeaway that connects diners with local restaurants. The company is based in Chicago, Illinois and was founded in 2004. As of 2019, the company had 19.9 million active users and 115,000 associated restaurants across 3,200 cities and all 50 states in the United States. Grubhub Seamless went public in April 2014 and was traded on the New York Stock Exchange (NYSE) under the ticker symbol "GRUB".
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Restaurant Brands International Inc. (RBI) is a Canadian-American multinational fast food holding company. Formed in 2014 by the $12.5 billion merger between American fast food restaurant chain Burger King and Canadian coffee shop and restaurant chain Tim Hortons, and expanded by the 2017 purchase of American fast-food chain Popeyes Louisiana Kitchen, the company is the fifth-largest operator of fast food restaurants in the world behind Subway, McDonald's, Starbucks and Yum! Brands. The company is based alongside Tim Hortons in Toronto. For tax purposes, Burger King and Popeyes retain their existing operations and headquarters, both in Miami. The 2014 merger focused primarily on expanding the international reach of the Tim Hortons brand and providing financial efficiencies for both companies.
Andrew Rickman OBE is a visionary and entrepreneur in the field of silicon photonics. He is the founder, CEO and Chairman of Rockley Photonics based in the UK, Finland and Pasadena, CA. He was Britain’s first Internet billionaire, and a survivor of the dot-com bubble crash.
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Presto is a technology platform for the restaurant industry developed by Redwood City-based E la Carte. The company is a major player in the customer-facing technology market for full-service and quick-service restaurants. Their products consist of computer vision, speech recognition, AI, tabletop tablets, and server tablets. As of October 2019, Presto is deployed in thousands of locations, and their customers include Applebee's, Chili's, Outback Steakhouse, Denny's, Checkers, and Red Lobster.
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Canoo is a startup American manufacturer of electric vehicles. The company plans to sell a minivan in the year 2022. The company's also plans to produce commercial electric vehicles such as vans for vehicle rental and ride sharing services.
TrillerNet is a technology company that owns several online video sharing and social media platforms, including Triller, FITE TV and Thuzio
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