Work Here?
About Tabs
Industries
Data & Analytics
Enterprise Software
Fintech
Company Size
51-200
Company Stage
Series A
Total Funding
$37M
Headquarters
New York City, New York
Founded
2010
Overview
Company Does Not Provide H1B Sponsorship
Tabs automates billing and remittance processes for businesses, focusing on accounts receivable (AR) management. Its software platform uses artificial intelligence to streamline AR tasks, helping companies manage receivables more efficiently. This automation saves time, reduces financial risks, and improves cash flow by accelerating payments. Tabs operates on a software-as-a-service (SaaS) model, allowing clients to subscribe for ongoing access to the platform. What sets Tabs apart from competitors is its comprehensive features that not only automate billing but also provide advanced reporting capabilities, enabling finance leaders to make informed decisions. The goal of Tabs is to transform how businesses handle their accounts receivable, enhancing operational efficiency and financial insights.
💡 Want to apply to Tabs?
You have ways to get a Tabs referral from your network.
Get referrals →
Simplify's Take
What believers are saying
- Tabs raised $25M in Series A funding for product development and market expansion.
- Increased demand for AI-driven financial solutions boosts Tabs' market potential.
- Tabs' new revenue recognition capability enhances compliance and reporting accuracy.
What critics are saying
- Competition from established fintech companies with expanding AI capabilities in AR management.
- Challenges in integrating new revenue recognition capabilities with existing client systems.
- Dependence on key clients for significant revenue poses financial risk if they switch.
What makes Tabs unique
- Tabs offers AI-powered automation for complex billing and remittance processes.
- The platform provides advanced reporting capabilities for data-driven financial decisions.
- Tabs' SaaS model ensures continuous software updates and scalability for clients.
Help us improve and share your feedback! Did you find this helpful?
Funding
Total Funding
$37M
Above
Industry Average
Funded Over
2 Rounds
Lightspeed Venture Partners
General CatalystIndustry standards
Benefits
Health Insurance
Dental Insurance
Vision Insurance
Meal Benefits
Commuter Benefits
Company Equity
401(k) Retirement Plan
Growth & Insights and Company News
6 month growth
↑ 0%1 year growth
↑ 2%2 year growth
↑ 1%Teniz Capital Brokerage Ltd, a subsidiary of Teniz Capital Investment Bank, has acquired a 49% stake in fintech firm Tabys from the Astana International Exchange. Tabys, with over 21,000 active clients, will remain based at the AIFC. Yerlan Soltanov will become CEO, and Yernar Zhanadil will join the Board of Directors. The merger aims to enhance investment opportunities in Kazakhstan and expand Tabys's offerings to include international markets and a wider range of financial products.
Tabs, a revenue automation company, raised $25 million in Series A funding led by General Catalyst, with support from Primary Ventures and Lightspeed. The funding will enhance product development, integrations, analytics, and expand go-to-market activities. Tabs addresses CFOs' needs to streamline financial operations amid a shortage of skilled accounting professionals by offering a unified platform for automating revenue processes.
Tabs, a NYC-based leader in revenue automation for B2B businesses, raised $25m in Series A funding
Interoperability is viewed by many to be the holy grail of business-to-business (B2B) innovation. By enabling systems to work together seamlessly, businesses can reduce costs, improve accuracy, enhance security, and foster better relationships with their partners. Businesses want flexible and customizable workflows, and providers are working to make it happen. Digital transformation is accelerating, with businesses moving away from paper-based and manual processes towards electronic methods
Tabs added revenue recognition capability to its artificial intelligence-powered billing and financial operations platform for B2B businesses. The new Tabs Revenue Recognition module helps businesses manage and recognize revenue, ensure compliance with accounting standards, and improve accuracy and efficiency, the company said in a Wednesday (June 26) press release. Tabs Revenue Recognition automates the process and allows businesses to track and report their revenue in real time, according to the release
Tabs is Hiring for 14 Jobs on Simplify!
Find jobs on Simplify and start your career today
About Tabs
Industries
Data & Analytics
Enterprise Software
Fintech
Company Size
51-200
Company Stage
Series A
Total Funding
$37M
Headquarters
New York City, New York
Founded
2010
Tabs is Hiring for 14 Jobs on Simplify!
Find jobs on Simplify and start your career today